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<br />121 <br />Table 12 <br />Legal Debt Margin Calculation for Fiscal Year 2015 <br />Market value 1,694,366,064$ <br />Debt limit (3% of market value) 50,830,982 <br />Debt applicable to limit 11,941,250 <br />Legal debt margin 38,889,732$ <br />2010 2011 2012 2013 2014 2015 <br />60,622,086$ 54,123,645$ 45,595,717$ 45,595,717$ 45,297,635$ 50,830,982$ <br />3,386,000 2,961,000 4,280,000 4,280,000 4,191,000 11,941,250 <br />57,236,086$ 51,162,645$ 41,315,717$ 41,315,717$ 41,106,635$ 38,889,732$ <br />5.59% 5.47% 9.39% 9.39% 9.25% 23.49% <br />Fiscal Year <br /> <br />