Targeted federal funds are reaching the marketplace
No Child Left Behind Act
- Federal fiscal years providing funding:
- Year 1: FY ended Sept ‘02
- Year 2: FY ending Sept ‘03
- Year 3: FY ending Sept ‘04
- More than $500 million is starting to reach market and will be spent in 2003
- Reading First, Early Reading First and testing mandate will produce incremental revenue for us
- We already have products and services for this market