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23 <br /> SECTION 5 - PROJECTED NET FISCAL IMPACT ON SCHOOL DISTRICT <br /> Revenues: The County contribution is derived by transferring education expenditures by County <br /> government(Section 4).Revenues derived from the school district tax are derived by multiplying the school <br /> district tax times the tax base. State revenues are derived by multiplying the per student expenditure <br /> figure times the total projected number of school children (Section 3). <br /> Expenditures: Expenditures are derived from a formula which multiplies each per student <br /> expenditure (Section 2) times the total projected number of school children (Section 3) and adding the <br /> results. <br /> Net Fiscal Impact: The net balance is the difference between projected expenditures and <br /> projected revenues. A negative net balance indicates that it costs the school system more to provide <br /> educational services for children in a project than it receives in revenues. A positive net balance indicates <br /> that more revenues are received than it costs to serve a project. Positive net balances in one project may <br /> thus be used to offset negative balances in another. <br /> SECTION 6 - SUMMARY OF PROJECTED IMPACTS <br />