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Why are the cost figures different for the Central Office 10% reduction in expenses in 2009 and 2010?

April 26, 2017COST different expenses figures Office reduction

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Why are the cost figures different for the Central Office 10% reduction in expenses in 2009 and 2010?

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A. Since the 2009 Central Office 10% cost reductions were made after the fiscal year had begun, there were contracts for services in place that could not be reduced until a subsequent year. Since 2010 is a new budget year, these contracts will not be in place and the savings will be greater.