The following budget shows that in the last three years the FTE has dropped but our income has gone up. That is due to the number of private pay students decreasing and the number of WI Shares students increasing. We have seen a trend of private pay students going down due to economic issues with the families. One parent may have lost a job or they have a relative that can care for the children. Our WI Shares students have steadily increased. The budget for the following year is showing that the trend will start to level off. Our salaries in the variable expenses has increased due to the hiring of tutors in a portion of our programming. Salaries are the biggest expense we have each year and we included a possible pay increase for our staff. We are predicting that our fixed expenses will drop and our variable expenses will increase.