Welcome to the legislative and governor governmental affairs committee. Um, I'd like to call this to order. May we have a roll call, please? >> Roll call. >> Roll call. Mr. Appel
>> here. >> Appel present. Mr. Arm Dr. Armstrong. Dr. Armstrong present. Mr. Berkins >> here. >> Mr. Berkins present. Mr. Castile >> here. >> Mr. Castile present. Miss Chapone >> here.
>> Champon present. Dr. Clark >> here. >> Dr. Clark present. Mr. Harris >> here. >> Mr. Harris present. Mr. Hollis. Mr. Hollis present. Mrs. Holloway. M. Holloway present. Miss Meering.
Melering present. Mr. Morris >> here. >> M. Morris present. We have a quorum. >> Thank you. I think Mr. Morris has a motion. >> Thank you, Mr. Chair. Uh, I'd like to offer a motion to move item 3.1 forward in the agenda. >> Thank you. Do I hear a second? Second by
Mr. Appel. Is there any objection? No objection being heard. will now move uh item 3.1 to the front of the agenda which is uh would you mind reading it? >> Yes. Your item starts on page 16 which is item 3.1 consideration of a
presentation from Louisiana Public Broadcasting regarding Dolly Parton's Imagination Library. The recommendation is to receive. >> Do we have a motion by Mr. Mars and a second by Miss Champagne? All right. Uh,
we've got this great report coming and I thought it'd be a good idea for y'all for them to present to us on the board because this basically folds into what we're trying to do with early childhood literacy and getting our students
prepared for uh kindergarten and before and really being uh literate when they get to school. And this is an excellent program that we learned about in the legislature and it's been going for uh I'm not sure how many years y'all tell
us that. And part of the endeavor that they are trying to do now is to complete out the whole state where every parish uh is part participating in the program. So uh without further ado, I'm going to turn it over to y'all for your
presentation. It's the button says push. Okay. Uh thank you, Mr. Chair. Is this on? Okay. No. Yes. Okay. Um thank you for having us, Mr. Chairman. Uh so for many of you who don't know, uh Chairman Harris is
the uh President Morris's design board, and we just want to thank you all for sharing him with us because he's been a wonderful addition to our board. His passion for uh education and public service is really in line with uh our educational mission. So, thank you for that. My name is Matt Tessier. I'm the
deputy director of the Louisiana Educational Television Authority. Um, behind me, I have my boss, CC Copeland, executive director of uh the authority. And so, to my left, I have Molly Marker, who is the state director of Dolly Parton's Imagination Library. And behind
me, I have our uh director of educational services, Nancy Train. Uh she works with us at LPB. So, uh, they're going to talk about quickly about some resources because I understand there's been, uh, some lunch promised and then, uh, maybe taken away.
So, I hate to be to blame for that, but, um, so they're going to talk about some resources in a minute. I just want to kind of briefly walk through who we are. We're the Louisiana Educational Television Authority. We're actually a state agency, and we are the state agency that operates the statewide
public media network, Louisiana Public Broadcasting, or LPB. So, if it's all the same to y'all, I'm just going to call us LPB because it's a lot shorter. But our statutory mission is the promotion of public television for the sake of uh educating and uh culturally
enriching the state and her citizens. Um we're a non-commercial educational television station, which means that we are prohibited by federal statute and FCC regs from uh running advertisements or obtrusive commercials. So, um, our
programming is a a trusted source for Louisiana's children and families, and, uh, it's it's a safe place to receive educational content. So, we pride ourselves on that. We consider ourselves to be Louisiana's storytellers. Uh, we also consider ourselves to be
Louisiana's largest classroom. We um we provide 26,000 hours of free educational cultural programming to the state of Louisiana each year and nearly half of that is children's educational programming. Um and we deliver that in a number of ways. We deliver it via
overtheair broadcast and we also deliver it via streaming. And we think both of those methods are crucial for meeting people where they are. Uh case in point, 19% of our state is under the poverty threshold. And that means a lot of the people, the parents out there don't have
the resources to subscribe to some of the um the streaming platforms that other people enjoy. So our live stream is free 24 hours a day, seven days a week for anybody that has an internet connection. uh for the people that don't have an internet connection and by some
measures that's 30% of the people in the state who don't have a reliable connection to broadband for those people we reach the state with a our statewide broadcast signal uh because we have sites uh transmitter sites in Baton Rouge, Lafayette, Lake Charles,
Alexandria, Monroe and Shreveport. And if you want to know about how any of those things work uh ask CC because he's the only one that understands it all. But um we partner with the state, we partner with local communities, not just to provide educational uh resources, but
we also provide public safety and community connections. But speaking with partnerships, uh speaking of partnerships, there's no partnership that we're more proud of than our partnership with Dolly Parton's Imagination Library. Um, two years ago,
Governor John Bell Edwards and the legislature were looking for a state agency to shepherd Dolly Parton's Imagination Library into a statewide network and help the local program partners who are administering it in those localities to expand uh the reach
of the program. And if there's anything that LPB knows about its reach and it's about networks. So, um, we're we're proud to be to have been chosen to be that state agency to administer the, uh, Dolly Parton's Imagination Library.
Um, in our 50 years serving Louisiana, the mission of LPB has been to provide programming that's intelligent, informative, and educational to every Louisianaian free of charge. And so the Imagination Library and LPB are extensions of the same philosophy to get
free educational resources into the hands and hearts of children early, often, and absolutely free. And so, uh, I'm going to stop talking now because I know given the choice between hearing me talk and hear about Dolly, Dollyy's going to win every time. So, I'm going to turn it over to Molly Marker.
>> Thank you so much. So I am able to bring greetings from Dolly. Um I know there was a little concern last week. She is fine, alive and well and um still very much working on um a lot of her endeavors
including the Imagination Library and I have the honor of being the state director um for the Imagination Library of Louisiana. Um there are two of us working for the Dollywood Foundation here in Louisiana in partnership with
Louisiana Public Broadcasting. Um and my colleague Dakota Henry is there. She's based in Lafayette. I'm based in um New Orleans and we cover the whole state. Um and are very honored to do that. So just a little bit about the Imagination Library um kind of from a
global perspective. Um we are a grassroots community-based book gifting program actually started 30 years ago um in 1995 in Dolly's home um county of Sevir County, Tennessee um just to
inspire a love of reading and um we gift high quality age appropriate books every month to children from uh the time of their birth to their fifth birthday. So, that's a total of 60 books if they sign up at birth, which is a great little
library. Um, always free to the family regardless of their income. Here in the United States, we mail out almost three million books a month out of Tennessee. Although here in Louisiana, the um it looks like it's coming from your local nonprofit organization. So, they're all
going through that one big mail house, but they're coming from um your community. and we just reached the milestone of 300 million total books gifted since uh the program was started in 1995. This month we've received the um best practice award from the US
Library of Congress for addressing social barriers to literacy which we're very proud of. So this is a little bit of recent um uh research coming out of the Imagination Library of Colorado. So, our friends in Colorado operating their state program
um just did this research um and these are in your packet so you can look at them um a little bit more closely if you'd like. They really talk to you know the families that that love the program strengthening family literacy preparing children for school. Um and we see that
through this theory of change where the books are arriving through the mail um to the child's house leading to increased um book reading by caregivers that increases the quality of those caregiver child interactions which and
then goes back and and increases the book reading and it increases the um disposition towards share reading. All of that leading to increased early literacy and increased social development, which we know leads to those increased literacy skills at
kindergarten entry, which we know is so so important. The number that jumps out here at um for me is in the in the right corner there, the equity and access. 36% of these um parents and caregivers said that the Imagination Library is their
primary, if not only source of books at home. And so that's more of a third of the um families in this program um may not have any books at home for their children before they get to kindergarten if it wasn't for the Imagination Library. So we think that's pretty
significant um and and really a reason for us to keep going and growing. And then just a little bit here because this is a pretty unique public private partnership. You have the Dollywood Foundation which is doing everything from um selecting the books and
producing them. They're all printed especially for the Imagination Library. Creating the marketing materials, creating kind of this turnkey um program and using the scale so that um the retail cost of printing a book and
mailing it out to a child would be about two $22 per month. through the scale of the um Imagination Library with Dollywood Foundation, that goes down to $260 per month per child, which um we think is is quite a reduction in cost.
And the way it works here in Louisiana and in about 20 other states is that the state through Louisiana Public Broadcasting administers a 50% match to local community funds that cover the wholesale book and mailing costs. So
that $2.60 60 cents gets cut in half. The um state puts up a $130 of that and then the local program partners 501c3 nonprofits or school districts work in collaboration with other others in their community to raise the money to cover
those um funds to um get out into the networks and enroll all the children. We know um it has the biggest bang for your buck if you're getting them at birth. So working with birthing hospitals for example to um enroll as soon as possible. And then there is a little bit
of an administrative piece. Um we keep it pretty simple because we keep it inhouse with um the Dollywood Foundation um database but that's also a piece to the puzzle. So it's really a a great um
partnership that that works really well. And then I just wanted to highlight here um a few of our local program collaborations that are are working great. And while there's typically one um designated local program partner and
again that's probably the 501c3 nonprofit or the school district that takes the lead because of the bulk mail permit. Um there are lots of folks who can come in as collaborators and they can be um you can see in Lefj Parish the
Lefouch um educational foundation is our local program partner. They do the administration. They also hold a really fabulous kingake festival um every year where they raise funds for um their their books and mailing. and they just
signed on with a local um hospital um that's going to be funding newborns that are born in their area. And so that's a an example of a great um partnership that's working at at every level. Um in St. Mary Parish, it is the St. Mary Parish School District working with the
parish library together. Um and I believe that there's a private foundation as well that is helping with the funding there. Um, so it looks different in each parish, but the the really key thing is getting, you know, everybody in the community to the table to make this work. Um, in Ascension
Parish, it's the Demco Foundation that um does the um admin and and is that local program partner of record, but we have CF Industries coming in and covering all of those books through some of their fundraising efforts. And then finally in Vernon, we wanted to point
this out because it's a partnership between um the Vernon Parish Head Start um also Merchants and Farmers Bank that comes in with funding and then the Rapids Foundation does a really cool 25% match. So um in their service area for
the Rapids Foundation, they are do putting in a 25% match. the state's putting in 50% and so it goes to the local program organizations to put in that additional 25%. Um Dolly likes to say that it really helps for everybody to have a little skin in the game.
And then here are the the maps. So um as we talked about, we're trying to get um get to fully green. So on the left there, you can see um when the um legislation was passed in September of 23, there were about 19,500
children enrolled out of about 300,000 290,000 eligible children. Um and you can see um last month we're up to 37,000 children. So that's an increase from um 7% of eligible children enrolled up to
13%. We're going for 65. Um it will take us probably five or six years to get there if we're really working hard. And the first big step is to make sure everything is green. As an added incentive when we are fully covered, um
we go on the list for Dolly to come down to Louisiana and do a celebration event. So that's something we're all looking forward to for sure. Um but you can see there that that we have lots of movement. We've got um some of this Orleans Parish, St. Bernard Parish,
which were only partially covered. They're now fully covered. Um we've got some um blue in there coming soon. And so we have just a few um parishes and you know, really happy to be working with the school district to help find the right um the right partners in those
communities because we know they're there. We just need to sort of put those coalitions together. And then finally, as I was saying, we're headed towards 65%. This is um probably not exactly how it will look, but um this is the trajectory in the next five
years. Full coverage, every parish, every zip code. We want every child um who is eligible to be able to enroll um and enroll easily and start getting those books. We want to strengthen our partnerships at every level. That's from
the state level, regional level, and all the way down into um parish and even community level. um helping to build that local funding capacity. We know that that's an issue in some areas and so that's something that we want to help along and make the right connections.
And then finally to just ignite the enrollment um across communities so that um we have um children who are enrolled as early as possible and really um taking advantage of the the program and getting to kindergarten as ready as
possible. So, this is um what what Dolly would say if she were here. Um you can never get enough books into the hands of enough children. And that's really what um what guides us. And we're we're just so pleased to be here doing this um
okay doing this um in partnership with the state and and certainly with our friends at Louisiana Public Broadcasting. >> Excellent. Uh, does anybody have any questions or anything? And Matt, do you have anything further?
>> I don't know if you wanted to hear about LPB's educational resources. I know y'all are pressed for time. >> No, I tell we're we are uh people don't realize this, but we're doing the Bessie intermittent fasting program today. So, if y'all like to make a short
presentation, it's great because this is extremely important to us because of what we're trying to do with kids and LPB has a whole lot of resources. And one mention that I would like to say about the Dolly Parton program is that
that's going to need continued funding from the legislature. Uh they've been very excited about it in the future. Uh, so mention that to those folks that that we all touch as we go to the funding process too to make sure this this
continues. But Nancy, I'll turn it over to you if you'd introduce yourself and >> Sure. Thank you, Mr. Harris. My name is Nancy Train. I'm the uh education director at LPB and we just wanted to quickly share some resources that we produce and have for the children,
families, and teachers in Louisiana all for free. So, we just want to make sure you know about them so you can share them with your communities. We have a very small team that works at LPB, but we do mighty things. I'm sure many of you grew up watching
LPB as a kid. You might notice some of these shows on the screen. You might recognize them. Um, Sesame Street has been going on for about 53 years. So, um, a lot of us did grow up watching
Sesame Street. Um, we have, uh, three resources that address children, educators, and families. And the ch kids are PBS Kids, which is um, ages 2 to eight. Our PBS Learning Media is a
digital media educational library available to everyone preK through 12. And of course, we also have family engagement resources with uh PBS parents. LPB sends out monthly newsletters for
parents and for educators. Uh it comes out once a month. About 24,000 parents and educators receive this. um newsletter a month each month. We also have we call them play and
learns. Uh we usually do these 15inute instructional videos during the holidays for family engagement. They're lots of fun. It teaches families the importance of playing and learning to get children ready for school. Um, so we have a
playlist that on YouTube that you can go to and we just published our Halloween Boo Bash 2025. So we encourage you to all go check it out if you've got grandkids or kids. They'll love it. Lots of great activities to do.
We also create um family engagement activities and we call these our learning goes. These lessons that you see up here, they're one pagers. Uh we piloted these lessons with the um with Louisiana Department of Health parents
as teachers program and the um educators that go into the homes uh do these one pagers with families and it basically teaches them how to play and learn as well. It just gives them really smart ideas of how to integrate playing and
learning. So you see it incorporates videos, hands-on activities, games, literature, and caregiver tips. We also created a kinder adventure book for K P kids going into kindergarten. It's just great activities
and lots of resources for parents. We get a lot of feedback from parents about things that they're concerned about. Um, a lot of social emotional problems kids are having. So we come up with these pages. They're all digital. You can
access them at lpb.org/learn. We do provide summer camps for six to nine year olds every year. Um this year we did uh Wildcrats and that was a huge hit with the kids. Uh next year we'll be doing space adventures with Ready Jet
Go. So if you have grandkids or kids that like to go to camp, it's really fun. Uh, we also have the PBS Kids games and video app that's available to everyone for free. It's a free download. Kids can
play games offline. You don't have to have internet access once the game's downloaded. And the same way with the videos. Um, all of PBS Kids programs are built around educational frameworks. In
fact, you have a handout that's in your packet that shows you all the PBS Kids shows, the grade levels it it is for, and the learning goals associated with each show. We also wanted to tell you about our
Louisiana Digital Media Archive. This is in partnership with the Louisiana State Archives. Uh these are videos. There's over 50 years worth of footage that's free and available to anyone. There's over 11,000 videos that you can watch
with more being added every day. We do have a lot of teachers that use these videos in the classroom for Louisiana history basically. So, if you haven't seen it, you need to check it out. Some really cool video archives.
We also have I mentioned earlier PBS Learning Media. That's the free online platform for educators, students, and families. These are all educational resources tied to Louisiana content standards and national standards. Um,
and many thousands of teachers. We have 108,000 Louisiana users this year that have used this educational digital library. LPB also produces content on PBS
Learning Media. I think um maybe it's been a year ago, you all were presented with um our documentary, Why Louisiana Ain't Mississippi. And we have produced some educational resources around that documentary. So, you'll see we have
clips, we've curated clips for teachers to use in the classroom and developed lessons for them to also use. There's over 16,000 views of the content that we've produced in PBS Learning Media. We also have um Ziggy's Arts
Adventure that is in the library as well. And we've also created a family engagement uh community learning workshops that teachers and communities can use to share with families in their community.
Coming soon on PBS Learning Media, we're producing something called Louisiana's Hidden History. It's how Louisiana, how Spanish Louisiana helped secure America's freedom. And it's basically about Bernardo de Galves Galves's role
um in the American Revolution. And we're doing this in conjunction with America's 250. So, we will producing four videos about Bernardo de Gavez and so we're very excited that this will be going into PBS
Learning Media later on this year. We also will be presenting in a couple of weeks at the Louisiana Council on Social Studies Conference. And there also will be a full day learning event on June 11th um with the Bernardo de
Galves videos that will be going into PBS Learning Media. This will be an opportunity for teachers to get a stipen to attend this full day training as well. So I think you all have a card about that in your handouts. Please let your teachers know about it. Um, we'd
love to have them come to our one-day training event. We do lots of professional development around the state. We do a lot of teacher training, train the uh trainers training. Um, we also do fun events around the state um bringing children
and families together. We have several partnerships, one of which you've heard today, our Dolly's Imagination Library, but we also have a partnership with Lantern, which you might have heard it before as bright by
text. This is a texting initiative that LPB provides to all families in Louisiana. And it provides text messages to parents that are uh developmentally appropriate according to their child's age. And we also can send local messages
to families as well by zip code. Um we also have been having a partnership with Discovery Education I think for 21 years now. We've been providing this is also a digital media library for districts.
This is a paid districts pay a very small portion to um have discovery education and we have many districts who still do it after 22 years still subscribing to discovery education and you can find us on social media. So
we encourage you to like us on Facebook and go to uh YouTube. So that's it. I feel like it was a race. Thank you. Any questions? Uh, anyone? But, uh, we did want I did want us to be
exposed to all the things that you can tell your, uh, folks in your district, all these, uh, things that are available through LPB and the Louisiana Educational TV Authority. Uh, and let's remember that it is a state agency and
it's Louisiana broadcasting or public broadcasting. So, uh, thank y'all so much for being here and we look forward to seeing y'all. >> Mr. Harris. >> Yes. >> Sorry. Thank, if I may. >> You certainly. >> Thank you. Um, thank you so much for all this. I'm quite excited about this.
Lefouch is very involved with the Dolly Porton and um, we support it strongly with the educational foundation. Actually, Superintendent Morton is here and uh our hospital he he probably went to lunch, but our hospital receives um
this from our uh parish constituents and support all babies that are born with the books for a year. So, it's quite exciting. But I have a question about America 250 to make certain that um you have the United States uh America 250.
Have you been in contact with the Louisiana Commission 250? >> Yes, ma'am. We have. We have uh been meeting with their chairman, Mike Mayhem. He invited us to actually present some of these resources to his committee a couple months ago. So, uh as a matter of fact, we're working with him
to do some screeners uh for America's uh the American Revolution by Ken Burns, and we're very excited about that. And we see him about once every two weeks. So, he's very excited to be working with us and the Feelings Mutual. >> Oh, perfect. because I'm on the commission representing Bestie and uh
Dr. Bromeley has uh Trey Falls. Trey, if you can raise your hand, I think Trey would be also an access uh accessible person too if you need. Thank you. >> Thank you. >> Okay, I appreciate that. >> Okay, any other questions? All right,
and listen, I do want to do a shout out to Trey F. uh he was very instrumental in getting the last few parishes involved in the the uh Dolly Parton initiative and thank you Trey for your hard work and your text and phone calls after business hours.
>> So I appreciate it. Thank y'all. >> Thank you very much. Next item. >> Yes. Your next item um starts on page 2 through 15 which is item 2.1. Consideration of a report regarding the impact of the elimination of the
Louisiana Education Quality Trust Fund, Louisiana Quality Education Support Fund on Bessie operations and programs. The recommendation is to receive. >> Do I have a motion? I have a motion by Mr. Mars and a second by Miss Champagne.
>> Mr. Walker. >> Good afternoon, Tvaris Walker, BES Executive Director. Um, this report comes to you as a request from our last uh meeting. And what we did, we went back to the drawing board and worked with uh the department to figure out if
we can attach both statistics and dollar amounts uh to the programs that AG uh works with. And so I want to thank uh Ashley Townsen and uh Kim Trapo were the two main people who helped put this document together for your review. The
document purpose is to to so you can have an illustration before you about all the things that 8G touched and the funding levels uh that's assigned to those things that touch. So the document you will see is a two-part document and
the first uh couple pages uh is the the Bessie related document and then the following pages is the statewide programs that the department administers and what we try to do is give you an understanding where you're on with information when we start this budget
process or request process if you will that we all know what we're talking about uh in terms of what AG uh funds and so without going through every line item in there. You will see uh the block grant and you will see the statewide
programs and it's broken out into those those two things. And we think it's very important uh both from our perspective and the department's perspective that everybody understand that it's really a bifurcated program and um the the items that it support. Just a caveat about the
funding level. So currently the fund is very stable and um if I could use the right word Kim very wealthy barrier um and that it is it's currently exceeding uh the estimations um to the tunes of a few million dollars. So, as you can see,
we called out three years, and as you can see, those years have uh increased, and if the deposits continue at the rate that they're continuing, we will see a significant um increase um u coming come this fiscal year when we're talking
about whether or not this money still exists. From a budgetary standpoint, we have to create and build a budget as if the money will exist. But at the same time, we put a caveat in the budget, a a contingency plan if you will. And so you will see that outlined in these
documents that if the money doesn't exist, if the fund is dissolved, here's the dollar amount that would be needed in general funds to replace it. So I will stop there unless my staff is looking at me that I miss something. Um, and entertain any questions. Uh but this
report is mainly designed for a talking piece for you all to make sure you have the correct information when you engage in these conversations. >> Okay. Uh Mr. Marsh, you have a question. >> Yeah, Mr. Walker, I appreciate the detail you guys provided. Can you help us with path forward if the if the uh if
the election uh goes through and uh and 8G cease to exist as it is now, can you speak to the administrative process going forward? um those funds will still be generated. You won't have the equity built in, but the funds will still be flowing annually because of the
royalties. So, can you give us some insight on um how those funds will flow going forward? Is that a legislative process? Is that going to come back to Bessie? How is that going to be determined? And and secondly, I have two questions. And secondly, um one is the
flow. And then the second one is um how um is um um how would how would those potential funds be invested? Who would be the decision maker for that? Do we know? >> So generally speaking, I I'll take the legislative piece, right? The the
current amendment as it is that will go before the voters in the spring. uh if it passed there will be a certain timeline at a certain point after it passes the fund will be clawed out that that includes anything that's realized
anything that's in the account it will all be clawed out and p uh put towards the UL debt uh but going forward administratively Dario will have to talk about how we would from a budgetary standpoint what would happen
>> so we won't have like Tarz saying all the money will be transferred to cover um the unfunded liability. And so there was a bill in there um as kind of a contingency if it worked out um I mean
if it didn't work out if we would lose the fund and essentially the bill was like it would cover part of the um the block grant part but every but everything else would we wouldn't have anything um besides that and that would
go into the general fund. So each year we would have to request that money again um from the general fund but it was enough it was about there was saying I think about 9 million or so to cover uh prek funding
because that was the main issue like we were you know such my question is if we could just go with an example maybe be easier I could I could ask a question better um what's what's the annual uh revenue generated right now from the royalties >> the royalties is not that much because
most of the royalties will come from the >> um the drilling and since the drilling is going like more offshore we don't get as much money in revenue and royalties the main um amount comes from investments >> right but all that's going to go away yeah right so my question is about the
the minimum amount that's going to be continuing to come in which would be from the royalties right the royalties are still going to be paid right >> well but it wouldn't be coming to us >> well that's my question that's what I'm trying to fan is I appreciate the equity and all the investment from the equity that's going to go away for UL. My my
question is the the royalties though even what whatever that amount is. It's it's I know it's above $1 million a year. Um and we'd love to use that money for something right for the state. I'm trying to understand what's going to happen to that money. Does where does that flow to and and then what what is
that money going to be invested on? Who's the decision maker? That's my question. >> Maybe I can help with that. when we were following that in the legislative process, it's going to flow to the general fund. This fund is being eliminated. So, there's nowhere for the
royalties to go. So, uh what the VARS has to do if these things pass, as we discussed before, we've got to get with the administration to backfill anything that we lose on on uh uh the money that was coming to Bessie. Um so,
>> thank you. I just want a clarification on the cash flow. was going to the general fund. >> That was my understanding and I go back and check it, but when I was talking through this whole process >> and Ashley may know, but I think it all goes to the general fund now because there's no there's no account left
>> and and and then allocation of those funds will be subject to the legislation. All right. Thank you. >> Because this bill eliminates both the trust fund and the support fund that is the payment mechanism. >> Okay. Any other questions? What's next on the agenda? That
concludes the agenda. >> We are journ. Thank y'all for your patience.