 As the Chancellor mentioned, there is really a very strong sense of excitement and confidence really as we start this new academic year. And I thought it would be important for me to share with you what I see as I'm looking around Berkeley and I see a place where the spirit of serving California is really everywhere. Everywhere you turn, if you visit around the Berkeley campus, you're going to see these really inspiring and astonishing examples of how our community, students, faculty, staff are coming together and really laying a foundation for a very bright future in California. We are making excellent progress towards addressing a goal of having a balanced budget by 2020. And as a base year in 2015-16, we had a structural deficit of about $150 million, set a goal for ourselves of reducing that structural deficit by $40 million for this fiscal year just ended 2016-17. And I'm very happy to share that we have achieved that goal. The Berkeley campus is a large and very diverse community focused on a central academic mission, studying, teaching, doing creative research. And for that mission to thrive and for people to be able to think deeply and creatively and focus on their work, everyone in our community needs to feel safe. They need to feel respected. They need to feel confident and secure in their dignity as human beings. And that's why we've been devoting so much effort to building a community that can be free of the impact of sexism, sexual harassment, sexual violence. In the time that I have been here as a graduate student, as a faculty member, and as an administrator, I've gained a deep appreciation that our institutional mission of research, teaching, and public service can be truly fulfilled only when we uphold our values. When we conduct ourselves with honesty and integrity, when we recognize the intrinsic relationship between diversity and excellence in all our endeavors, when we affirm the dignity of all individuals, when we strive to uphold a just community in which discrimination and hate are not tolerated, and when we are committed to dialogue that elicits the full spectrum of views held by our varied communities, including our most marginalized communities. It's a great day to be on campus. We just launched our Golden Bear Orientation, which is our brand new orientation model today. In the past we were bringing groups of students throughout the summer to register for classes and meet key campus staff. But this year we brought all 9,500 of our new students, new freshmen transfer students, to campus for about 10 days worth of orientation activities. I think this is really important because it's very symbolic of what Chancellor Chris was talking about in terms of really forming community. That's what this new orientation model is all about. We know that transitioning into college can be very daunting, very challenging for our students, and so we really want to give them the best footing possible as they come to campus and get a chance to experience all the great things that we offer here at Cal.