public static class GlobalVariables
{
    // readonly variable
    public static string Foo
    {
        get
        {
            return "foo";
        }
    }

    // read-write variable
    public static string Bar
    {
        get
        {
            return HttpContext.Current.Application["Bar"] as string;
        }
        set
        {
            HttpContext.Current.Application["Bar"] = value;
        }
    }
}