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Pmc: 4/s—/93 <br /> balances in one project may thus be used to offset negative balances in another. <br /> SECTION 5 - SCHOOL BOARD/PROJECTED FISCAL IMPACTS OF PROJECT <br /> Revenues: The County contribution is derived by transferring education expenditures by County government (Section <br /> 4). Revenues derived from the school district tax are derived by multiplying the school district tax times the tax <br /> base. State revenues are derived by multiplying the per student expenditure figure times the total projected number <br /> of school children (Section 3). <br /> Expenditures: Expenditures are derived from a formula which multiplies each per student expenditure (Section 2) <br /> times the total projected number of school children (Section 3) and adding the results. <br /> Net Balance: The net balance is the difference between projected expenditures and projected revenues. A negative net <br /> balance indicates that it costs the school system more to provide educational services for children in a project <br /> than it receives in revenues. A positive net balance indicates that more revenues are received than it costs to <br /> serve a project. Positive net balances in one project may thus be used to offset negative balances in another. <br /> SECTION 6 - SUMMARY OF PROJECTED IMPACTS <br /> A— 14 <br />