In article <26F99A80-E29F-4971-9F62-77688D5E7CA8@xxxxxxxx>, Jay Daley <jay@xxxxxxxx> wrote: >> It seems that meeting sponsorship is ring-fenced for meeting costs, but meeting fees are applied more generally. Is that true? > >No. In our accounting, no money is ring-fenced this way. For anyone who's interested, the budget and actual numbers are here: https://ietf.org/about/administration/financial-statements/ In past years, meetings usually ran a surplus that helped to pay for the IETF's other expenses, but now it's closer to break even. As the financial statements show, the 2019 budget forecast a $100K surplus of meeting revenue over income. The actual meeting surplus was abour $500K due mostly to lower than expected costs. The pre-COVID 2020 budget forecast had a meeting deficit (less revenue than expense) of about $300K. Of course now, it's anyone's guess and I do not envy Jay the job of staying on top of it. R's, John -- Regards, John Levine, johnl@xxxxxxxxx, Primary Perpetrator of "The Internet for Dummies", Please consider the environment before reading this e-mail. https://jl.ly
