Committee: Executive Committee of BoT
Document: excom-03-010
Revision:
Supersedes:
Status: Unconfirmed
Maintainer: Minutes taken by S. Bradner.
Access: Unrestricted
Present:
Fred Baker (Chair)
Steve Crocker
Latif Ladid
Glenn Ricart
Pindar Wong
Lynn St. Amour (President)
Lynn DuVal (ISOC Director of Finance)
Scott Bradner (Secretary).
Apologies were received from Kees Neggers.
The ISOC ExCom met from 10:10 am to 12:47 pm (EST) December 8, 2003 via conference call.
I – Elections update – G. Ricart
Glen reported that he has been in touch with George but did not know when the Elections Committee would act. Lynn noted that the elections schedule needs to be approved soon and a call for nominations needs to go out in the next few days.
II – 2004 Budget – L. St. Amour / L. DuVal
Lynn St. Amour discussed the draft budget report that she had prepared for the board teleconference next week.
She reported that she and Ed had discussed the additional 2003 PIR donation to the ISOC because the PIR auditors had raised some issues with the donation and its relationship with the pending decision on the PIR tax status. Lynn reported that the discussions are continuing and should be resolved soon. The current ISOC budget assumes that the additional PIR donation for 2003 will be $750K.
Lynn reported that the overall income from organizational members will fall short of the 2003 budget, even taking into account the increase in Platinum members. But the picture for PIR is quite positive. All 2003 expenses, other than those for programs explicitly funded by PIR, are projected to be lower than originally forecast.
Steve requested that additional data be provided in the budget forecast to detail the rebudgeting that was done when the level of PIR donations became clear. Lynn agreed to include that information.
Lynn DuVal reported that she was meeting with the bank this afternoon about a $500K line of credit having filed all the required paperwork over the last few weeks.
Lynn St. Amour reviewed the ISOC cash flow, noting that the level of support could be significant in 2004.
Lynn discussed the implications for the ISOC budget of the ongoing reorganization discussions in the IETF. The proposed ISOC 2004 budget assumes that the roles of current IETF stakeholders (including RFC Editor, IANA, and Fortec) continue in their current roles throughout 2004 and that the ISOC would start providing additional support for IETF activities starting in May (for an IETF manager) and June (for the Secretariat).
Lynn also discussed the projected PIR donation for 2004. The earlier projection was that there would be a donation of about $1.9 million (and that is the number that is in the ISOC budget) but the proposed PIR budget assumes that the donation may be less. Lynn is in discussion with Ed about the difference. The ExCom recommended that Lynn not change the proposed ISOC budget until more is known. The final number will be available from PIR in time for the ISOC board teleconference since the PIR board meeting will be held before then.
Lynn noted that the projection for organizational membership revenue is flat for 2004. (Lynn – please verify I heard correctly) Lynn reported that ISOC staff have evaluated the responses to the membership system RFP and have settled on four finalists. Lynn noted that the ISOC staff currently is 8.7 FTEs and that the projection in the budget for 2004 is 12 FTE but that it is possible that additional accounting support will not be required since the ISOC has a new accounting package that may be more efficient to operate. Additional staff is needed for web site support and technical writing. Lynn DuVal provided an overview of the budget itself and noted the growth in cost for the D&O insurance, the need to replace some old computer equipment and the chance that PIR will move out of the ISOC space they are currently renting.
Lynn St. Amour asked the ExCom to note that the budget projects that the ISOC will be in a strong cash position by the end of 2004 even taking the potential for increased IETF expenses.
The ExCom supported Lynn forwarding the proposed budget to the full board.
All Board Executive Committee Meeting Minutes
- Meeting (2 March 2017)
- Meeting (2 February 2017)
- Meeting (18 January 2017)
- Meeting (6 October 2016)
- Meeting (1 September 2016)
- Meeting (8 June 2016)
- Meeting (11 May 2016)
- Meeting (10 March 2016)
- Meeting (16 February 2016)
- Meeting (14 January 2016)
- Meeting (10 December 2015)
- Meeting (14 October 2015)
- Meeting (2 September 2015)
- Meeting (10 June 2015)
- Meeting (13 May 2015)
- Meeting (08 April 2015)
- Meeting (11 March 2015)
- Meeting (14 January 2015)
- Meeting (10 December 2014)
- Meeting (08 October 2014)
- Meeting (21 August 2014)
- Meeting (06 June 2014)
- Meeting (14 May 2014)
- Meeting (12 March 2014)
- Meeting (12 February 2014)
- Meeting (8 January 2014)
- Meeting (11 September 2013)
- Meeting (8 July 2013)
- Meeting (10 June 2013)
- Meeting (20 May 2013)
- Meeting (11 April 2013)
- Meeting (11 February 2013)
- Meeting (14 January 2013)
- Meeting (10 December 2012)
- Meeting (12 November 2012)
- Meeting (04 September 2012)
- Meeting (18 June 2012)
- Meeting (16 April 2012)
- Meeting (21 March 2012)
- Meeting (6 February 2012)
- Meeting (12 September 2011)
- Meeting (22 August 2011)
- Meeting (18 July 2011)
- Meeting (06 June 2011)
- Meeting (02 May 2011)
- Meeting (21 March 2011)
- Meeting (28 February 2011)
- Meeting (24 January 2011)
- Meeting (18 October 2010)
- Meeting (24 August 2010)
- Meeting (7 June 2010)
- Meeting (13 April 2010)
- Meeting (23 March 2010)
- Meeting (25 January 2010)
- Meeting (19 October 2009)
- Meeting (08 September 2009)
- Meeting (15 June 2009)
- Meeting (20 April 2009)
- Meeting (16 March 2009)
- Meeting (19 January 2009)
- Meeting (20 October 2008)
- Meeting (21 April 2008)
- Meeting (18 February 2008)
- Meeting (20 August 2007)
- Meeting (18 December 2006)
- Meeting (16 October 2006)
- Meeting (21 August 2006)
- Meeting (16 January 2006)
- Meeting (19 December 2005)
- Meeting (21 November 2005)
- Meeting (17 October 2005)
- Meeting (21 July 2005)
- Meeting (20 June 2005)
- Meeting (16 May 2005)
- Meeting (18 April 2005)
- Meeting (21 March 2005)
- Meeting (21 February 2005)
- Meeting (20 December 2004)
- Meeting (15 November 2004)
- Meeting (05 November 2004)
- Meeting (18 October 2004)
- Meeting (27 September 2004)
- Meeting (16 August 2004)
- Meeting (19 July 2004)
- Meeting (21 June 2004)
- Meeting (04 June 2004)
- Meeting (20 April 2004)
- Meeting (15 March 2004)
- Meeting (17 February 2004)
- Meeting (20 January 2004)
- Meeting (08 December 2003)
- Meeting (17 November 2003)
- Meeting (15 September 2003)
- Meeting (20 August 2003)
- Meeting (15 July 2003)
- Meeting (19 May 2003)
- Meeting (22 April 2003)
- Meeting (03 April 2003)
- Meeting (14 February 2003)
- Meeting (21 October 2002)
- Meeting (16 September 2002)
- Meeting (19 August 2002)
- Meeting (15 July 2002)
- Meeting (04 June 2002)
- Meeting (02 May 2002)
- Meeting (08 April 2002)
- Meeting (25 February 2002)
- Meeting (31 January 2002)
- Meeting (16 December 2001)
- Meeting (02 December 2001)
- Meeting (26 November 2001)
- Meeting (29 October 2001)
- Meeting (10 September 2001)
- Meeting (30 July 2001)
- Meeting (25 June 2001)
- Meeting (01 May 2001)
- Meeting (26 March 2001)
- Meeting (22 January 2001)
- Meeting (21 November 2000)
- Meeting (30 October 2000)
- Meeting (02 October 2000)
- Meeting (21 August 2000)
- Meeting (29 July 2000)
- Meeting (15 June 2000)
- Meeting (28 April 2000)
- Meeting (31 March 2000)
- Meeting (28 January 2000)
- Meeting (29 October 1999)
- Meeting (27 August 1999)
- Meeting (23 July 1999)
- Meeting (26 May 1999)
- Meeting (09 June 1998)
- Meeting (19 May 1998)
- Meeting (14 April 1998)
- Meeting (12 April 1998)
- Meeting (17 March 1998)
- Meeting (24 February 1998)
- Meeting (14 January 1998)
- Meeting (17 December 1997)
- Meeting (21 October 1997)
- Meeting (22 September 1997)
- Meeting (25 August 1997)
- Meeting (15 July 1997)
- Meeting (27 February 1997)
- Meeting (20 February 1997)