Whoa! Financial woes.... Want some good news?

Every where you turn, there seems to be more bad news.

People keep asking me how enrollment is. The real question being asked is -- "Will Palm View survive this economic downturn, after the investment parents have put in?"

The answer is YES, YES, YES!

1) We are actually in a good financial position. At this point, we have had positive cash flow all year long. Our profit margin is thin, but positive. We don't have the cash flow to pay for all the extra's that we would like, be we continuing to offer a quality well rounded Christian education.

2) We will NOT be laying off any additional teachers or staff this year. We even expect to hire additional staff for next year. Other schools are preparing for mid year cuts.

3) This places us in an enviable position, as many other local schools are also feeling painful cuts and may not have the financial reserves to absorb the losses they are incurring. Principals of other local schools are contacting me, asking how we are making it. We're making it, because we're working together -- with you!

4) Yes, I wish we had a gym. But a gym doesn't make a school. Two Whittier area schools with nice gyms that had larger enrollment than we do now have had to close down in the last several years.

5) The future looks bright for Palm View. Mrs. Centmeyer and I spent another day at an accreditation workshop on Thursday Everything is on track for us to become only the second Christian school in Whittier to have a joint ACSI/WASC accreditation for PK-8! This will be a high honor indeed. The target date is Fall of 2010.

Palm View continues to be the best Christian education value in the Whittier / Pico Rivera area, bar none.

Now that's some good news!