Casey-Westfield School District Reports Strong Financial Position

Spread the love

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.

Leave a Comment





Latest News Stories

City Council Meeting Briefs.Purple

Meeting Summary and Briefs: Casey City Council for September 15, 2025

The Casey City Council addressed major financial challenges and a significant leadership transition at its meeting on September 15, 2025. Mayor Mike Nichols gave a stark presentation on the city’s...
What a terrorist designation could mean for Antifa

What a terrorist designation could mean for Antifa

By Morgan SweeneyThe Center Square President Donald Trump declared Antifa a terrorist organization on Wednesday, describing them as a “sick, dangerous, radical left disaster;” however, it’s unclear at this time...
WATCH: Report says national student debt is over $1.6 trillion

WATCH: Report says national student debt is over $1.6 trillion

By Esther WickhamThe Center Square The college student loan balance in the United States is $1.66 trillion, according to a WalletHub report. To determine the best and worst states with...
DOJ sues health plan that got almost $3.5 billion from Feds

DOJ sues health plan that got almost $3.5 billion from Feds

By Dave MasonThe Center Square The U.S. Attorney’s Office for the Central District of California is suing a health insurance plan for allegedly violating the public’s trust at taxpayers’ expense....
Bill blocks Federal Reserve members' dual appointments

Bill blocks Federal Reserve members’ dual appointments

By Zachery SchmidtThe Center Square Federal Reserve board members would not be able to hold dual positions appointed by the president if U.S. Sen. Ruben Gallego’s new bill becomes law....
Lawmakers call for changes to cashless bail as Illinois faces federal funding loss

Lawmakers call for changes to cashless bail as Illinois faces federal funding loss

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Statehouse Republicans are calling for reform of the Pretrial Fairness Act as Illinois faces the potential loss...

WATCH: House committee debates D.C. crime after Trump emergency order

By Sarah Roderick-FitchThe Center Square For the first time since President Donald Trump declared a crime emergency in Washington, D.C., district leaders squared off with congressional lawmakers regarding the government’s...
Illinois quick hits: Unemployment down; Rivian supplier gets tax incentives

Illinois quick hits: Unemployment down; Rivian supplier gets tax incentives

By The Center SquareThe Center Square Unemployment down The unemployment rate in Illinois has dropped to its lowest point since July 2023. The Illinois Department of Employment Security announced the...
Pritzker’s office ‘extremely troubled’ by photo with suspect ‘peacekeeper’

Pritzker’s office ‘extremely troubled’ by photo with suspect ‘peacekeeper’

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Officials from the governor’s office say they were “extremely troubled” to learn that a man that Gov....
Democrats' CR could cost up to $1.4 trillion, add millions to Obamacare plans

Democrats’ CR could cost up to $1.4 trillion, add millions to Obamacare plans

By Thérèse BoudreauxThe Center Square Democrats’ plan to prevent a government shutdown could cost the federal government up to $1.4 trillion and subsidize millions of new Obamacare recipients over the...
Treasury goes after fentanyl-producing Sinaloa Cartel faction

Treasury goes after fentanyl-producing Sinaloa Cartel faction

By Brett RowlandThe Center Square The Treasury's Office of Foreign Assets Control designated Sinaloa Cartel faction Los Mayos, along with the leader of the faction's armed wing on Thursday. The...
Pritzker touts quantum future, state senator urges caution for taxpayers

Pritzker touts quantum future, state senator urges caution for taxpayers

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker is touting Illinois as a destination for quantum computing companies, but a state senator...
Supreme Court sets oral arguments in tariff case

Supreme Court sets oral arguments in tariff case

By Brett RowlandThe Center Square The Supreme Court said Thursday it will hear arguments Nov. 5. in a case critical to a wide swath of President Donald Trump's economic agenda....
Dems release funding counterproposal full of partisan policy riders

Dems release funding counterproposal full of partisan policy riders

By Thérèse BoudreauxThe Center Square As the government shutdown deadline looms, Democrats are splitting sharply with Republicans over what kind of funding stopgap Congress should approve. While Republicans have introduced...
Erika Kirk named CEO of Turning Point USA

Erika Kirk named CEO of Turning Point USA

By Andrew RiceThe Center Square Erika Kirk, Charlie Kirk's widow, has been named the chief executive officer and chair of the board at Turning Point USA. Charlie Kirk founded the...