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