The Speakers asked us to reduce our budget by 2.5% before the end of fiscal 2014-2015, and we did that. However, we had to reduce it by an additional 7%. At that time, operating budgets had been frozen for two years. So we had to do some reassignments in order to be able to pay our employees' salary increases. We also had other operations that year. At the end of the third year, in 2014-2015, we reached our objective, which was to reduce our budget by 2.5%, or about $3.5 million.
On May 3rd, 2018. See this statement in context.