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2 2 <br /> L <br /> SECTION 5 - PROJECTED NET FISCAL IMPACT ON SCHOOLJISTRICT <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 base. <br /> State revenues are derived by multiplying the per student expenditure figure times the total projected number of school <br /> 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 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 educational services <br /> for children in a project than it receives in revenues. A positive net balance indicates that more revenues are received <br /> than it costs to serve a project. Positive net balances in one project may thus be used to offset,negative balances in <br /> another. <br /> SECTION 6 - SUMMARY OF PROJECTED IMPACTS <br /> • <br />