<html><body><div style="color: rgb(0, 0, 0); font-family: arial,helvetica,sans-serif; font-size: 12pt;"><div>Dear Accelerator and Engineering Divisions,<br><br>The present Accelerator Division projected budget over run relative to the FY16 targets is ~1.5M$, of which ~0.5 M$ is labor and ~1.0 M$ is non-labor. Laboratory and Accelerator Division Leadership is implementing a mitigation plan in order to complete the year. A critical component of that plan is to significantly restrict all non-labor costs for the remainder of the fiscal year. The fact that there are less than 4 months left in the fiscal year makes the problem more challenging. Please read the attached memo for detailed guidance on FY16 budget.<br><br>Regards,<br>Andrew Hutton and Fulvia Pilat<br></div></div></body></html>