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City · Eastland County · id 067-105-03

Gorman

$1,020,000 of principal outstanding on 4 issues at the end of fiscal year 2025.

Fiscal year 2025 at a glance

Principal outstanding
$1.02 million
Fiscal year 2025

$1,020,000

Interest still to be paid
$320,854
Fiscal year 2025
Total debt service outstanding
$1.34 million
Fiscal year 2025

$1,340,854

Issues outstanding
4
Fiscal year 2025
Tax rate (total, per $100 of value)
0.7384
Fiscal year 2025
Taxable value
$52.43 million
Fiscal year 2025

$52,429,590

Tax-supported principal to taxable value
1.95%
Fiscal year 2025

Computed here from the reported figures.

Principal per resident
$1,016
Fiscal year 2025

Computed here from the reported figures (population 1,004).

Debt outstanding by fiscal year

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Principal outstanding at each fiscal year end; the table below gives the figures.FY 2016: $322,0002016FY 2017: $306,0002017FY 2018: $1,290,0002018FY 2019: $1,253,0002019FY 2020: $1,216,0002020FY 2021: $1,179,0002021FY 2022: $1,140,0002022FY 2023: $1,101,0002023FY 2024: $1,061,0002024FY 2025: $1,020,0002025
Debt outstanding at each fiscal year end
Fiscal yearPrincipalInterestTotal debt serviceIssuesTax rateTaxable value
2025$1,020,000$320,854$1,340,85440.7384$52,429,590
2024$1,061,000$349,042$1,410,04240.7405$50,380,290
2023$1,101,000$378,200$1,479,20040.7169$51,225,350
2022$1,140,000$408,268$1,548,26840.7657$42,624,091
2021$1,179,000$439,189$1,618,18940.8330$39,150,910
2020$1,216,000$470,807$1,686,80740.9730$33,153,650
2019$1,253,000$503,064$1,756,06441.0300$29,035,981
2018$1,290,000$534,584$1,824,58441.0300$28,835,290
2017$306,000$102,446$408,44631.0300$28,058,205
2016$322,000$113,643$435,64330.9841$27,746,200

Issues outstanding, fiscal year 2025

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Issues with principal outstanding, largest first
IssueClosedPledgePurposeFinal maturityPrincipalInterest
Comb Tax & WW & SS Surplus Rev CO Ser 2018Mar 22, 2018Tax-supported (general obligation)Water and sewerMar 1, 2048$860,000$291,685
Comb Tax & WW & SS Rev CO Ser 1993ASep 10, 1993Tax-supported (general obligation)Water and sewerMar 1, 2033$78,000$18,850
Comb Tax & WW & SS Surplus Rev CO Ser 2015May 21, 2015Tax-supported (general obligation)Combined utility systemMar 1, 2030$52,000$3,269
Comb Tax & WW & SS Rev CO Ser 1993BSep 10, 1993Tax-supported (general obligation)Water and sewerMar 1, 2033$30,000$7,050

Source: Local Issuance Fee By Year (updated by the publisher Sep 9, 2026); Debt Outstanding By Issuance Local By Year (updated by the publisher Sep 9, 2026). Loaded here Oct 4, 2026.

View this issuer on EMMA (listed there as GORMAN TEX). Source: EMMA (MSRB); issuer matched by MuniPro on Oct 4, 2026.

Texas fiscal years run September 1 to August 31.

Figures are as reported to the agency and have not been independently verified.