Registrar Constituency Treasurer’s Report
August 2004

1.  Current Balance:  $22,930.89

2.  Statement History:  
5-12-04 Opening deposit $25.00 (Personal Funds) 
5-25-04 Deposit from previous account/Bryan Evans $ 2,382.26
5-25-04 Removal of Personal opening deposit -$25.00
5-28-04 Bank Service Fee - $10.00 
5-28-04 Reversal Service Fee $10.00
6-7-04 Deposit from previous account/ Paul Westley $ 21,841.60
6-7-04 Incoming Wire Fee -$10.00 
7-21-04 KL RC luncheon -532.97
7-26-04 Kavi Corp -$750
BALANCE:  $22,930.89

2  EXPENSES:  $53,118.80

	A.  Monthly Expenses: 
		1.  Kavi Corporation:  Boardrooms.org $250.00.  Quarterly payment due for 				May,June,July of $750.00.
		2.  efax:  $9.95 per month.

	B.  Proposed Expenses for 2004/2005:  
		1.  Website Redesign: 10,000 ($4,000 was previously provisioned)
		2.  Conference calls:  $1000
		3.  Audiovisual equipment and services.  Phone Bridge - $1,250 per meeting
		4.  2004 RC meeting in North America:  (since all 3 ICANN’s were out of U.S.)  $5.000
		4.  Lunch for RC meetings at ICANN conventions plus extra NA meeting. $1000 each
		5.  Political Consultant/ Legal Advisor to support our opinion on Capital Hill $15000
		6.  Staff Function:  $10,000

3.  INCOME:  
	A.  Registrar Constituency Fee:  $45,000.00- Based on 60 members at $750.00 per Registrar.  

Proposed Budget:  July 2004- June 2005 - $53, 118.80

$ 3,000.00	Vote Box- Boardrooms.org 
$   118.80 	eFax
$ 10,000.00	Website Redesign
$ 5,000.00	Meeting Equipment and Services 
$ 4,000.00  	Lunch for three ICANN meetings and 1 North American meeting.  
$  5,000.00	N.America RC meeting
$  1,000.00	Conference Calls 
$  15,000.00 	Political Consultant & Legal Advisor
$ 10,000.00 	Staff Function

Estimated End of Year Balance if proposed Constituency Fee is approved via RC Vote:  

$22,930.89	Current Balance 
-$53, 118.80	Proposed Expenses 
+$45,000.00 	Proposed Income 
Proposed Balance:  $14,812.09	 July 2005 

Vote Required:  Budget / Registrar Constituency Fee of $750.00 (US Funds) for fiscal year 2004/2005.  

Mailing Contact:  
Donna McGehee
BulkRegister, LLC
10 East Baltimore St., 10th floor
Baltimore, MD 21202
dmcgehee@bulkregister.com 
1-410-735-3561
FAX:  1-410-735-3417

Bank Contact for Wires: 
Chevy Chase Bank 
The Registrars Contituency 
c/o Donna McGehee 
135 E. Baltimore Street
Baltimore, MD 21202
1-410-468-3140
Account: The Registrar's Constituency c/o Donna McGehee
Account # 175-430391-9
Routing # 255071981