Casey-Westfield School District Reports Strong Financial Position
Casey-Westfield School Board Meeting | October 20, 2025
Article Summary: The Casey-Westfield school district maintains a healthy financial status with operating funds equivalent to seven months of expenses, exceeding state recommendations and securing the highest possible financial score.
District Financial Health Key Points:
-
As of June 30, 2025, the district’s operating fund balance was $5,980,274.
-
This balance represents approximately seven months of average operating costs.
-
The Illinois State Board of Education (ISBE) recommends districts maintain a balance equivalent to six months of operating costs for a top financial rating.
The Casey-Westfield C-4 school board on Monday, October 20, 2025, received a positive financial update from Superintendent Mike Shackelford, who reported the district is in a strong fiscal position with a significant operating fund balance.
Shackelford informed the board that as of June 30, 2025, the district’s operating fund balance stood at nearly $6 million. Based on a three-year average of district expenditures, which totals $9,781,165.67, this balance represents approximately seven months of average operating costs.
This financial cushion places the district ahead of state recommendations. According to Shackelford, the Illinois State Board of Education’s Financial Profile scoring system requires districts to have a minimum of three months of operating costs on hand to achieve the highest score. ISBE further recommends that districts maintain a balance equivalent to six months of operating expenses.
“This balance represents approximately 7 months of average operating costs,” Shackelford’s report stated, indicating the district’s financial stability. He also noted that he has begun preliminary work on the 2025 tax levy. Additionally, the district received and responded to three Freedom of Information Act (FOIA) requests during the month.
Latest News Stories
GOP stands up for U.S. military strikes on suspected drug boats
IL lawmakers could address energy prices, transit, taxes during veto session
Council Approves Over $86,000 in Infrastructure Contracts
Trump says US troops will get paid Oct. 15 despite funding lapse
$4.5B awarded in new contracts to build Smart Wall along southwest border
Do No Harm expects FTC to take action to protect minors from transgender procedures
2024 was deadliest year for journalists on record
Govt shutdown raises concerns over national security
Ex-speaker Madigan to begin 7.5-year prison sentence Monday
Meeting Summary and Briefs: Casey Township Library Board of Trustees for September 4, 2025
Casey to Demolish Dilapidated Downtown Building for $42,120
Trump says new 100% tariff on China as trade war escalates