Anonymously contributed: November 28, 2011 - LANL Memo Director Charlie McMillan has established a Laboratory Integrated Stewardship Council (LISC) to make financial decisions and provide approvals (staffing and spending) in order to keep Laboratory spending in line with current budget expectations. McMillan notes that LANL's key challenge for FY12 will be “to manage our staffing and spending to levels that will accommodate the ~$200M budget reduction that we expect to see in FY12.” He set up the LISC to ensure that resources are managed in a consistent and appropriate fashion throughout the Laboratory. Rich Marquez of the Director’s Office (DIR) will lead the LISC, which includes Terry Wallace of Global Security (PADGS), Bret Knapp of Weapons Programs (PADWP), Carl Beard of Operations and Business (PADOPS), Alan Bishop of Science, Technology, and Engineering (PADSTE), and Paul Henry of Capital Projects (PADCAP).