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Comprehensive Annual Financial Report 12/31/2013
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Comprehensive Annual Financial Report 12/31/2013
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Comprehensive Annual Financial Report
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12/31/2013
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Table 11 (Continued) <br />Legal Debt Margin Calculation for Fiscal Year 2012 <br />Market value $ 1,519,857,242 <br />Debt limit (3% of market value) 45,595,717 <br />Debt applicable to limit 4,280,000 <br />Legal debt margin $ 41,315,717 <br />Fiscal Year <br />2008 <br />2009 <br />2010 <br />2011 <br />2012 <br />2013 <br />$ 60,658,830 <br />$ 64,036,746 <br />$ 60,622,086 <br />$ 54,123,645 $ <br />45,595,717 $ <br />45,595,717 <br />3,804,000 <br />3,642,000 <br />3,386,000 <br />2,961,000 <br />4,280,000 <br />4,280,000 <br />$ 56,854,830 <br />$ 60,394,746 <br />$ 57,236,086 <br />$ 51,162,645 $ <br />41,315,717 $ <br />41,315,717 <br />6.27% <br />5.69% <br />5.59% <br />5.47% <br />9.39% <br />9.39% <br />107 <br />
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