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Table 11 <br />Legal Debt Margin Calculation for Fiscal Year 2006 <br />Market value $ 1,734,317,800 <br />Debt limit (2% of market value) 34,686,356 <br />Debt applicable to limit 4,332,000 <br />Legal debt margin $ 30,354,356 <br />Fiscal Year <br />2001 2002 2003 2004 2005 2006 <br />$ 18,073,714 $ 20,688,642 $ 25,024,436 $ 28,616,070 $ 30,698,674 $ 34,686,356 <br />5,836,430 5,479,450 5,350,000 5,169,000 4,845,000 4,332,000 <br />$ 12,237,284 $ 15,209,192 $ 19,674,436 $ 23,447,070 $ 25,853,674 $ 30,354,356 <br />32.29% 26.49% 21.38% 18.06% 15.78% 12.49% <br />106 <br />