The California Independent System Operator adopted a 2006 budget that is 13 percent lower than this year's budget. Grid operator chief executive officer Yakout Mansour attributed the decrease to "streamlining, redesigned processes, and consolidation" during the organization's December 9 meeting. CAISO's upcoming budget is $180.5 million. Although some costs have been reduced, its capital projects budget remains the same - $31.8 million. At deregulation's launch, the independent grid operator was set up with pricey new computer equipment that was soon obsolete, a new headquarters and backup facility, and mounting legal costs to develop a sometimes-flawed open market under the oversight of federal regulators. The cost of running the grid - tacked onto the price of electricity - has been an issue for stakeholders. Prior to deregulation, the cost of operating the state's transmission system was included in each investor-owned utility's price of power. With the grid in a third party's hands now, that cost is tacked onto a systemwide grid-management charge. A management and board change in the last year has focused on costs as well as a market redesign. After nearly a year of structuring, the redesign is expected to be filed with the Federal Energy Regulatory Commission January 31.