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Default Formula too long error

Have a formula that links other files to master file. Links must be updated
annually to look at new folder and file name within certain path. I'm not at
liberty to shorten the folder or file names (company protocol).

When I try to change the source under Edit -- Links, I get "Formula too
long" error. This has not been the case in prior years. How can I get
around this error? I have also tried Find/Replace to simply change the
years, which would do the same as changing the source, but I still get
"Formula too long" error.

I need help on this one fast, as I have to provide worksheets to managers
today! One formula is as follows:
=+'Z:\Finance\Budget & Financials\Business Plan\2009\Operating Exp\[Oper
Exp-Bis.xls]2009 Budget'!$I7+'Z:\Finance\Budget & Financials\Business
Plan\2009\Operating Exp\[Oper Exp-Corp All.xls]2009
Budget'!$I7+'Z:\Finance\Budget & Financials\Business Plan\2009\Operating
Exp\[Oper Exp-DM.xls]2009 Budget'!$I7+'Z:\Finance\Budget &
Financials\Business Plan\2009\Operating Exp\[Oper Exp-FW.xls]2009
Budget'!$I7+'Z:\Finance\Budget & Financials\Business Plan\2009\Operating
Exp\[Oper Exp-JC.xls]2009 Budget'!$I7+'Z:\Finance\Budget &
Financials\Business Plan\2009\Operating Exp\[Oper Exp-LS.xls]2009
Budget'!$I7+'Z:\Finance\Budget & Financials\Business Plan\2009\Operating
Exp\[Oper Exp-LW.xls]2009 Budget'!$I7+'Z:\Finance\Budget &
Financials\Business Plan\2009\Operating Exp\[Oper Exp-MH.xls]2009
Budget'!$I7+'Z:\Finance\Budget & Financials\Business Plan\2009\Operating
Exp\[Oper Exp-SJ.xls]2009 Budget'!$I7+'Z:\Finance\Budget &
Financials\Business Plan\2009\Operating Exp\[Oper Exp-Top Total.xls]2009
Budget'!$I7

Thanks!
--
Audrey G.
 
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