> If you look in the recently published draft budget for 2021, you will note
> that there is a preduction for 15% reduced in-person attendance.
> I hope I am wrong, but as I look at the covid news reports from around the world, my impression is that 15% *attendance* is wildly optimistic in 2021.
Jay (IETF Executive Director) posted an explanation of why the 15% estimate doesn't really mean what you think it means. I can't find the link right now, but my recollection is that this is a *cost* estimate, not an *income* estimate.
