<html><head><meta http-equiv="Content-Type" content="text/html; charset=UTF-8"></head><body><div>I think we need to consider opetational costs as they influence the targel level amount of the Reserve Fund. </div><div><br></div><div>One way to minimise costs could be to cut down on meetings (coupled with sessional community meetings) and substatial amounts spent on ICANN staff.</div><div><br></div><div>Not even sure if Reserve Funds are fully depleted in a particulay year or not. Sorry I could not complete the call, connectivity problem, will keep trying.</div><div><br></div><div>Thato Mfikwe.</div><div><br></div><div><br></div><div><br></div><div id="composer_signature"><div style="font-size:85%;color:#575757">Sent from my Samsung Galaxy smartphone.</div></div><div style="font-size:100%;color:#000000"><!-- originalMessage --><div>-------- Original message --------</div><div>From: Kris Seeburn <seeburn.k@gmail.com> </div><div>Date: 01/03/2018 19:43 (GMT+02:00) </div><div>To: Ayden Férdeline <icann@ferdeline.com> </div><div>Cc: thatomfikwe <thatomfikwe@gmail.com>, NCUC-discuss <ncuc-discuss@lists.ncuc.org> </div><div>Subject: Re: [NCUC-DISCUSS] Reminder!!! Replenishment strategy on ICANN Reserve Fund at 17h00 UTC today </div><div><br></div></div>All this is because we don’t have a clear process …. when was the alarm raised. The reserve fund is too less for ICANN. My doubts if operational doesn’t get in there. ICANN needs to keep an eye on the reserve and its operational expenses. How and for what purpose the reserve has gone to so much? <div class=""><br class=""></div><div class="">Raise in max 5 years i would like to see that with expansion and the loads being paid to executives…..do we need all these staff as much as do we need all these staff to travel?</div><div class=""><br class=""></div><div class="">Which projects etc., is eating into the reserves?</div><div class=""><div><br class=""><blockquote type="cite" class=""><div class="">On Mar 1, 2018, at 21:36, Ayden Férdeline <<a href="mailto:icann@ferdeline.com" class="">icann@ferdeline.com</a>> wrote:</div><br class="Apple-interchange-newline"><div class=""><div class="">I can sum up the call rather quickly. The reserve fund is empty and only covers 4.8 months of operating expenses, so has to be replenished. We need $68m. <br class=""></div><div class=""><br class=""></div><div class="">Where do we get the money from? The proposed strategy is as follows:<br class=""></div><ul class=""><li class="">Raise it within five years maximum.<br class=""></li><li class="">ICANN org operational savings can generate $15m over five years.<br class=""></li><li class="">Raid the new gTLD auction proceeds and take a minimum $36m.<br class=""></li><li class="">Remaining shortfall can be funded through EITHER additional funds from fees imposed on the contracted parties OR additional auction proceeds allocation.<br class=""></li><li class="">Current investment strategy generates 6% returns per annum.</li></ul><div class="protonmail_signature_block"><div class="protonmail_signature_block-user"><div class="">— Ayden <br class=""></div></div><div class="protonmail_signature_block-proton protonmail_signature_block-empty"><br class=""></div></div><div class=""><br class=""></div><div class="">‐‐‐‐‐‐‐ Original Message ‐‐‐‐‐‐‐<br class=""></div><div class=""> On 1 March 2018 4:55 PM, thatomfikwe <<a href="mailto:thatomfikwe@gmail.com" class="">thatomfikwe@gmail.com</a>> wrote:<br class=""></div><div class=""> <br class=""></div><blockquote type="cite" class="protonmail_quote"><div class="">Thanks Daniel.<br class=""></div><div class=""><br class=""></div><div class=""><br class=""></div><div class=""><br class=""></div><div id="composer_signature" class=""><div style="font-size:85%;color:#575757" class="">Sent from my Samsung Galaxy smartphone.<br class=""></div></div><div style="font-size: 100%;" class=""><div class="">-------- Original message --------<br class=""></div><div class="">From: DANIEL NANGHAKA <<a href="mailto:dndannang@gmail.com" class="">dndannang@gmail.com</a>><br class=""></div><div class="">Date: 01/03/2018 13:19 (GMT+02:00)<br class=""></div><div class="">To: thatomfikwe <<a href="mailto:thatomfikwe@gmail.com" class="">thatomfikwe@gmail.com</a>><br class=""></div><div class="">Cc: NCUC-discuss <<a href="mailto:ncuc-discuss@lists.ncuc.org" class="">ncuc-discuss@lists.ncuc.org</a>><br class=""></div><div class="">Subject: Re: [NCUC-DISCUSS] Reminder!!! Replenishment strategy on ICANN Reserve Fund at 17h00 UTC today<br class=""></div><div class=""><br class=""></div></div><div class="">Am available, I will make a draft.<br class=""></div><div class=""><br class=""></div><div class="">On Thursday, March 1, 2018, thatomfikwe <<a href="mailto:thatomfikwe@gmail.com" class="">thatomfikwe@gmail.com</a>> wrote:<br class=""></div><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><div class=""><div class=""><h3 style="margin:0in;margin-bottom:.0001pt;background:white" class=""><span style="color:rgb(51, 51, 51)" class="colour"><span style="font-family:Helvetica, sans-serif" class="font"><span style="font-size:11.211pt" class="size">Webinar Details and How to Attend<u class=""></u><u class=""></u></span></span></span><br class=""></h3><p class="MsoNormal" style=""><span style="font-size:11.211pt" class="size">Date: <a style="font-size:11.211pt" class="">1 March 2018</a><u class=""></u><u class=""></u></span><br class=""></p><p class="MsoNormal" style=""><span style="font-size:11.211pt" class="size">Time <a style="font-size:11.211pt" class="">17:00</a> UTC <u class=""></u><u class=""></u></span><br class=""></p><p class="MsoNormal" style=""><span style="font-size:11.211pt" class="size">To participate please access the Remote Participation: <u class=""></u> <u class=""></u></span><br class=""></p><p class="MsoNormal"><a href="https://participate.icann.org/planning" style="font-size:11.211pt" class="">https://participate.icann.org/<wbr class="">planning</a><br class=""></p></div><div class=""><br class=""></div><div class="">If anyone want to volunteer to draft a summary of the webinar, please come forward so that we can share the experience with the wider community thanks.<br class=""></div><div class=""><br class=""></div><div class="">Looking forward to seeing you in the call.<br class=""></div><div class=""><br class=""></div><div class="">Thato Mfikwe.<br class=""></div><div class=""><br class=""></div><div class=""><div style="font-size:85%;color:#575757" class="">Sent from my Samsung Galaxy smartphone.<br class=""></div></div></div></blockquote><div class=""><br class=""></div><div class=""><br class=""></div><div class="">-- <br class=""></div><div dir="ltr" class=""><div class=""><div dir="ltr" class=""><div class=""><div dir="ltr" class=""><div class=""><div dir="ltr" class=""><div class=""><div dir="ltr" class=""><div class=""><div dir="ltr" class=""><div class=""><div class=""> <br class=""></div><div class="">Regards <br class=""></div><div class="">Nanghaka Daniel K.<br class=""></div><div class=""><span style="font-size:small" class="size">Executive Director - ILICIT Africa / Chair - FOSSFA / Community Lead - ISOC Uganda Chapter / Geo4Africa Lead / Organising Team - FOSS4G2018</span><br class=""></div><div class="">Mobile +256 772 898298 (Uganda)<br class=""></div></div><div class="">Skype: daniel.nanghaka<br class=""></div><div class=""><br class=""></div><div class=""><div class="">----------------------------------------- <i class=""><span class="">"Working for Africa" </span></i>-----------------------------------------<br class=""></div><div class=""> <br class=""></div></div></div></div></div></div></div></div></div></div></div></div></div></blockquote><div class=""><br class=""></div>_______________________________________________<br class="">Ncuc-discuss mailing list<br class=""><a href="mailto:Ncuc-discuss@lists.ncuc.org" class="">Ncuc-discuss@lists.ncuc.org</a><br class="">https://lists.ncuc.org/cgi-bin/mailman/listinfo/ncuc-discuss<br class=""></div></blockquote></div><br class=""><div class="">
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