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Table 11 <br />Legal Debt Margin Calculation for Fiscal Year 2009 <br />Market value $2,134,558,200 <br />Debt limit (3% of market value) 64,036,746 <br />Debt applicable to limit 3,642,000 <br />Legal debt margin $ 60,394,746 <br />Fiscal Year <br />2004 2005 2006 2007 2008 2009 <br />$ 28,616,070 $ 30,698,674 $ 34,686,356 $ 38,556,150 $ 60,658,830 64,036,746.00 <br />5,169,000 4,845,000 <br />4,332,000 4,039,000 <br />3,804,000 3,642,000 <br />$ 23,447,070 $ 25,853,674 $ 30,354,356 $ 34,517,150 $ 56,854,830 $ 60,394,746 <br />18.06% 15.78% <br />12.49% 10.48% 6.27% 5.69% <br />