2025 Annual Local Debt Report
Ranger College is committed to transparency and responsible financial stewardship. The 2025 Annual Local Debt Report provides a detailed overview of the College’s outstanding debt obligations, including how funds have been used to support facility improvements, infrastructure, and long-term institutional growth.
On this page, you can access the full report as a downloadable PDF, as well as an ADA-accessible version designed for easy navigation and readability. This ensures all members of our community can review and understand the College’s financial commitments and ongoing investments.
Download the 2025 Annual Local Debt Report PDFTexas Comptroller's Annual Local Debt Report
Entity Information
| Item | Ranger College's Information |
|---|---|
| Political Subdivision Name | Ranger College |
| Political Subdivision Type | CCD |
| If "other", please specify | N/A |
| Reporting Fiscal Year | 2025 |
| Fiscal Year Start (MM/DD/YYYY) | 9/1/2024 |
| Combined Fee Revenue Bonds, Series 2013 | 8/31/2025 |
| Combined Fee Revenue Bonds, Series 2014 | www.rangercollege.edu |
| Political Subdivision Telephone | 254-647-3234 |
| Political Subdivision Email, if applicable | N/A |
| Does the Political Subdivision have any reportable debt? | 9745000 |
Contact Information
| Item | Ranger College's Information |
|---|---|
| Contact Name | Gaylyn Mendoza |
| Contact Title | Senior Vice President of Financial and Administrative Services/CFO |
| Contact Phone | 254-647-3234 |
| Contact Email | gmendoza@rangercollege.edu |
| Physical Address, Line 1 | 1240 College Circle |
| Physical Address, Line 2 | N/A |
| City | Ranger |
| Zip | 76470 |
| County | Eastland |
| Is the entity's physical and mailing address the same? | Yes |
| Mailing Address, Line 1 | N/A |
| Mailing Address, Line 2 | N/A |
| Mailing City | N/A |
| Mailing Zip | N/A |
| Mailing County | N/A |
Entity Information (Auto)
| Item | Ranger College's Information |
|---|---|
| Political Subdivision | Ranger College District |
| Reporting Fiscal Year | 2025 |
Individual Debt Obligations
Combined Fee Revenue Bonds, Series 2013
- Principal Issued: $3,000,000
- Principal Outstanding: $709,000
- Total Principal and Interest Required: $751,215
- Final Maturity Date: June 1, 2028
- Secured by Ad Valorem Taxes: No
- Total Proceeds Received: $2,955,000
- Proceeds Spent: $2,955,000
- Proceeds Unspent: $0
- Authorized Purpose: Purchase and renovate classroom, lab, and office facilities
- Rated by a National Credit Rating Organization: No
Combined Fee Revenue Bonds, Series 2014
- Principal Issued: $3,000,000
- Principal Outstanding: $1,655,000
- Total Principal and Interest Required: $2,052,980
- Final Maturity Date: August 15, 2034
- Secured by Ad Valorem Taxes: No
- Total Proceeds Received: $2,950,000
- Proceeds Spent: $2,950,000
- Proceeds Unspent: $0
- Authorized Purpose: Purchase and renovate classroom, lab, and office facilities
- Rated by a National Credit Rating Organization: No
Limited Tax Bonds, Series 2017
- Principal Issued: $9,745,000
- Principal Outstanding: $8,100,000
- Total Principal and Interest Required: $12,240,337
- Final Maturity Date: February 15, 2046
- Secured by Ad Valorem Taxes: Yes
- Total Proceeds Received: $9,745,000
- Proceeds Spent: $9,745,000
- Proceeds Unspent: $0
- Authorized Purpose: Construct, renovate, and equip college facilities
- Rated by a National Credit Rating Organization: Yes
- S&P Rating: A