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Independent school district · Eastland County · id 067-904-02

Gorman ISD

$2,820,000 of principal outstanding on 1 issue at the end of fiscal year 2025.

Fiscal year 2025 at a glance

Principal outstanding
$2.82 million
Fiscal year 2025

$2,820,000

Interest still to be paid
$665,200
Fiscal year 2025
Total debt service outstanding
$3.49 million
Fiscal year 2025

$3,485,200

Issues outstanding
1
Fiscal year 2025
Tax rate (total, per $100 of value)
0.7961
Fiscal year 2025
Taxable value
$248.1 million
Fiscal year 2025

$248,063,119

Tax-supported principal to taxable value
1.14%
Fiscal year 2025

Computed here from the reported figures.

Principal per student in average daily attendance
$12,851
Fiscal year 2025

Computed here from the reported figures (average daily attendance 219).

Debt outstanding by fiscal year

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Principal outstanding at each fiscal year end; the table below gives the figures.FY 2016: $3,983,9562016FY 2017: $3,858,6532017FY 2018: $3,808,7102018FY 2019: $3,778,3982019FY 2020: $3,760,0002020FY 2021: $3,585,0002021FY 2022: $3,405,0002022FY 2023: $3,215,0002023FY 2024: $3,020,0002024FY 2025: $2,820,0002025
Debt outstanding at each fiscal year end
Fiscal yearPrincipalInterestTotal debt serviceIssuesTax rateTaxable value
2025$2,820,000$665,200$3,485,20010.7961$248,063,119
2024$3,020,000$782,000$3,802,00010.8018$231,591,283
2023$3,215,000$905,725$4,120,72511.0080$201,493,301
2022$3,405,000$1,035,225$4,440,22511.0730$153,392,400
2021$3,585,000$1,170,275$4,755,27511.1610$137,439,191
2020$3,760,000$1,310,650$5,070,65011.2030$124,973,625
2019$3,778,398$1,610,252$5,388,65011.2670$116,696,051
2018$3,808,710$1,897,941$5,706,65011.3080$114,269,847
2017$3,858,653$2,165,997$6,024,65011.3360$108,897,607
2016$3,983,956$2,373,694$6,357,65021.3360$107,658,046

Issues outstanding, fiscal year 2025

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Issues with principal outstanding, largest first
IssueClosedPledgePurposeFinal maturityPrincipalInterest
Unl Tax Ref Bonds Ser 2015Aug 11, 2015Tax-supported (general obligation)RefundingAug 15, 2036$2,820,000$665,200

Earlier issues

Issues last reported before fiscal year 2025: repaid, refunded or matured.

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 INDPT SCH DIST). 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.