Historical Resolution Tracking Feature » 2006-06-30 - Approval of 2006-2007 Budget
Important note: The explanatory text provided through this database (including the summary, implementation actions, identification of related resolutions, and additional information) is an interpretation or an explanation that has no official authority and does not represent the purpose behind the Board actions, nor does any explanations or interpretations modify or override the Resolutions themselves. Resolutions can only be modified through further act of the ICANN Board.
2006-06-30 - Approval of 2006-2007 Budget
Board adopts the 2006-2007 operating plan and the Fiscal Year 2006-2007 Proposed Budget.
- None
- Responsible entity: Not applicable
- Due date: None specified
- Completion date: Not applicable
Whereas, ICANN Bylaws Article XVI, Section 4 provides that "At least forty-five (45) days prior to the commencement of each fiscal year, the President shall prepare and submit to the Board, a proposed annual budget of ICANN for the next fiscal year, which shall be posted on the Website. The proposed budget shall identify anticipated revenue sources and levels and shall, to the extent practical, identify anticipated material expense items by line item. The Board shall adopt an annual budget and shall publish the adopted Budget on the Website."
Whereas, on 17 May 2006, in accordance with the ICANN Bylaws, ICANN posted its Proposed Budget for fiscal year 2006-2007.
Whereas, the posted Proposed Budget and Operating Plan were developed through a series of consultations with ICANN constituencies and the ICANN Board Finance Committee.
Whereas, comments to the Proposed Budget were received, a revised Proposed Budget was posted on 22 June 2006, and a further revised Proposed Budget was posted on 24 June 2006.
Whereas, the Finance Committee of the Board has reviewed the Proposed Budget, and has found that its adoption is in the best interests of ICANN.
Resolved (06.__), the ICANN Board adopts the 2006-07 operating plan as posted and as incorporated in the text of the budget.
Resolved (06.__), the ICANN Board adopts the proposed budget as the annual budget of ICANN for the fiscal year 2006-2007.
- ICANN's historical financial information is available at http://www.icann.org/en/financials/historical.htm.
- Funding identified in resolution.