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
WATCH: Johnson responds to Trump; Migrant rental assistance urged; Credit card oversight
Illinois quick hits: Cyber Monday security tips; expecting mother discharge legislation
Everyday Economics: A consumer slowdown, fraying margins, and a big test for the Fed
Casey Residents See 5 Inches of Snow; More Accumulation Forecast for Tuesday
Watchdog: Donations to liberal causes will continue despite Arabella’s rebrand
Meeting Summary and Briefs: Lake Land College Board of Trustees for October 2025
Illinois rejects federal ‘no tax on tips’ rule, keeps state tax on tipped income
Attack foiled in Ft. Worth day before National Guard troops shot in WDC
Hundreds of flights canceled in Chicago as winter storm wreaks havoc
Fiscal Fallout: States continue to increase budgets despite end of COVID emergency
Lake Land College Board Approves Bids for Fire Alarm System, John Deere Engine
WATCH: IL legislator wants more transparency for taxpayer funded credit cards