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2 <br />need for a new elementary and /or move up the timeline for Elementary #12 and Middle School <br />#5 for CHCCS. <br />Additionally, if a new high school and /or major additions have to be made to one of the existing <br />CHCCS high schools to accommodate the projected increase in students, the additional debt <br />service would reduce the net amount of property taxes received as result of the planned project <br />improvements. <br />FINANCIAL IMPACT: There is not a financial impact with receiving this information. The <br />financial impact will occur if the Board of County Commissioners determines that the County will <br />participate in the project. <br />RECOMMENDATION(S): The Manager recommends that the Board receive the information <br />and provide feedback to staff. <br />