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
New law sparks debate over Illinois school mergers, communities fear loss
Casey Gears Up for 37th Annual Popcorn Festival: A Labor Day Weekend Extravaganza!
Illinois in Focus: Rest area burglary arrests made; overdose awareness events planned
WATCH: Pritzker, Johnson defend public safety approach; campaign finance issue looms
Illinois quick hits: Record hotel tax revenues reported; grocer sentenced for SNAP, WIC fraud
WATCH: Policy questions loom as Pritzker announces ag investment, tax credits
Starry Night
WATCH: Police officer, legislator: Seize opportunity to reform Illinois’ cashless bail
WATCH: IL Hospital Association: $50B rural hospital fund ‘woefully inadequate’
Rotarian Shane Todd presents program at Rotary Club
Illinois quick hits: Chicago businesses at 10-year low; school admin survey closes soon
Pritzker unveils Illinois LGBTQ hotline amid debate over transgender athletes