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

Debt burden, pensions burden Chicago Public Schools

Debt burden, pensions burden Chicago Public Schools

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The author of a new Civic Federation report says taking on more debt would be a death...
Nearly 100,000 Illinois Uber, Lyft drivers may soon be able to unionize

Nearly 100,000 Illinois Uber, Lyft drivers may soon be able to unionize

By Sean Reed | The Center SquareThe Center Square (The Center Square) – A proposal that would allow many Uber and Lyft drivers to form a sector-wide union and engage...
Michigan lawmakers spar over Rx Kids program amid oversight concerns

Michigan lawmakers spar over Rx Kids program amid oversight concerns

By Elyse ApelThe Center Square Michigan lawmakers are sparring over the future of the state's Rx Kids program, a cash-assistance initiative that has received more than $300 million in taxpayer...
UPDATED: Waters, other incumbents ahead in LA congressional races

UPDATED: Waters, other incumbents ahead in LA congressional races

By Zachery SchmidtThe Center Square Editor's note: This story has been updated with new results from Wednesday morning. Democratic incumbents topped the vote counts in Los Angeles congressional districts in...
GOP rep: New budget shows 'addiction' to taxes

GOP rep: New budget shows ‘addiction’ to taxes

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker says Illinois’ new budget for fiscal year 2027 protects working families from new taxes,...
Retirees face $5,500 average cut to annual Social Security benefits in 2032

Retirees face $5,500 average cut to annual Social Security benefits in 2032

By Thérèse BoudreauxThe Center Square Over 60 million Americans could see their monthly Social Security checks slashed by $500 on average starting in 2032, according to a new report analyzing...
Illinois Quick Hits: Comptroller Mendoza announces run for Chicago mayor

Illinois Quick Hits: Comptroller Mendoza announces run for Chicago mayor

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois Comptroller Susana Mendoza is running for mayor of Chicago. Mendoza said in a campaign video released...
Georgia doctors face scrutiny as they cozy up to injury lawyers

Georgia doctors face scrutiny as they cozy up to injury lawyers

By Daniel Fisher | Legal NewslineThe Center Square The Instagram post shows Georgia personal-injury attorney Harris Weinstein, aka “The Georgia Pitbull,” smiling with Dr. Amin Oskouei, owner of Ortho Sport...
Wiener, Gallagher, Gray lead in congressional races

Wiener, Gallagher, Gray lead in congressional races

By Madeline ShannonThe Center Square As results poured in for several congressional races Tuesday night, incumbent U.S. Rep. Adam Gray, California Assemblymember James Gallagher and California state Sen. Scott Wiener...
Desmond, Wilpert ahead in District 48 race to succeed Issa

Desmond, Wilpert ahead in District 48 race to succeed Issa

By Chris WoodwardThe Center Square Republican Jim Desmond has a big lead in the race for California Congressional District 48. The race will decide who replaces U.S. Rep. Darrell Issa....
Candidates advance in redrawn congressional districts

Candidates advance in redrawn congressional districts

By Andrew RiceThe Center Square Several candidates across altered congressional districts in California are projected to head to November’s general election. California voters passed Proposition 50, a measure that altered...
Illinois slaps limits on non-lawyer investor power in law firms

Illinois slaps limits on non-lawyer investor power in law firms

By Jonathan Bilyk | Legal NewslineThe Center Square Illinois has become the latest state to restrict the involvement of private equity and other non-lawyer interests in owning or running law...
Law firm: California's gender policies violate Constitution

Law firm: California’s gender policies violate Constitution

By Chris WoodwardThe Center Square A law firm is putting California Attorney General Rob Bonta on notice about keeping parents in the dark about their children's gender transitions. Liberty Justice...
Group challenges gender policies in New Mexico schools

Group challenges gender policies in New Mexico schools

By Esther WickhamThe Center Square As New Mexico students continue to rank among the lowest in the nation in academic proficiency, some parents are questioning why gender ideology has become...
Supreme Court rules for Texas in Rio Grande River lawsuit

Supreme Court rules for Texas in Rio Grande River lawsuit

By Bethany BlankleyThe Center Square The U.S. Supreme Court has handed Texas a win in a lawsuit first brought by Gov. Greg Abbott when he was attorney general. Abbott was...