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200120022003200420052006
<br />$ 19,938,15617,343,802$ 23,100,596$ 26,212,519$ 30,805,499$ 37,025,396$
<br /> 10,356,650559,925 10,307,950 10,060,967 10,040,201 13,124,334
<br /> 717,180199,967 837,754 925,148 950,793 1,003,315
<br /> 9,639,470359,958 9,470,196 9,135,819 9,089,408 12,121,019
<br />$ 10,298,68616,983,844$ 13,630,400$ 17,076,700$ 21,716,091$ 24,904,377$
<br />2.08%48.35%41.00%34.85%29.51%32.74%
<br />Legal Debt Margin Calculation for Fiscal Year 2006
<br />Estimated taxable market value1,786,411,900$
<br />Debt limit (2% of market value)35,728,238$
<br />Debt applicable to limit:
<br /> G.O. equipment certificates1,259,334
<br /> 2002 lease revenue bonds8,645,000
<br /> G.O. capital improvement bonds3,220,000
<br /> Less: Cash and investments in related
<br /> debt service funds(1,003,315)
<br /> Total net debt applicable to limit12,121,019
<br />Legal debt margin23,607,219$
<br />95
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