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2013 2014 2015 2016 2017 2018 <br />31,064,151$ 31,654,614$ 33,672,840$ 34,326,648$ 35,201,928$ 37,806,864$ <br />– – – – – – <br />31,064,151$ 31,654,614$ 33,672,840$ 34,326,648$ 35,201,928$ 37,806,864$ <br />– – – – – – <br />Total estimated market value 1,260,228,800$ <br />Debt limit (3% of market value)37,806,864 <br />Debt applicable to the limit <br />General obligation bonds – <br />Less amount set aside for repayment <br /> of general obligation debt – <br />Total net debt applicable to the <br /> limit – <br />Legal debt margin 37,806,864$ <br />Legal Debt Margin Calculation for Fiscal Year 2018 <br />-89-