As has been the case for the last few years, as we write this business plan the environment for public media is exceptionally challenging and the future of federal funding for public media continues to be uncertain. On the positive side, CPB continues to be level-funded at $445 million for the next few years. On the other hand, the elimination of the Public Telecommunications Facilities Program (PTFP), the elimination of CPB’s Digital special appropriation, and the reduction of support for rural public television stations created a loss totaling $53 million in FY 2012