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
Business leaders eye immigration reform
Trump defends handling of Epstein controversy, says GOP doing ‘legendary’ job
In-home care rule change proposal generates more than 1,500 responses
Polis calls for return of Victims of Crime Act grant funding
Casey Fire District Approves $400,000 Purchase of New Fire Engine
Clark County Board Faces Public Backlash Over Solar Projects
Casey Continues Sidewalk Replacements on Main Street, Plans Tree Removal
Billions in investment, thousands of jobs coming to RGV from LNG facility, pipeline
Bessent says Federal Reserve ‘must change course’
Legislation to end cashless bail in D.C., nationwide introduced in Senate
Chicago ranks near bottom in survey of best and worst run cities
WATCH: Pritzker to sue ‘immediately’ if Trump sends guard; GOP AG candidate profile