Casey-Westfield Board Accepts Clean Audit, Notes Dip in Financial Profile Score due to Bonds

Spread the love

Casey-Westfield Board of Education Meeting | Jan. 26, 2026

Article Summary: The Casey-Westfield School Board reviewed the fiscal year 2024 annual financial report, which showed a clean audit with no findings regarding federal funding expenditures. While the district maintained its high-ranking “Recognition” status, its financial profile score decreased slightly due to a change in the district’s long-term debt profile.

Casey-Westfield School Board Key Points:

  • Clean Audit: Kemper CPA Group reported no findings on expenditures of federal funding for the fiscal year.

  • Score Adjustment: The district’s financial profile score moved from 4.0/4.0 to 3.55/4.0.

  • Reason for Change: The score decrease is attributed to a change in the long-term debt profile resulting from a bond issue in FY25.

  • Status Maintained: Despite the score drop, the district retains “Recognition” status, the highest profile status a district can earn.

The Casey-Westfield Board of Education on Monday, January 26, 2026, accepted the fiscal year 2024 annual financial report and fiscal year 2025 audit, which confirmed the district’s finances are in good standing despite a statistical drop in its financial profile score.

Brian Bradbury of Kemper CPA Group presented the report to the Board, stating that the district received a clean audit for fiscal year 2025. Bradbury noted there were no findings regarding the district’s expenditures of federal funding during the year.

While the audit was clean, Bradbury reported a change in the district’s financial profile score. The score dropped from a perfect 4.0 out of 4.0 last year to a 3.55 out of 4.0.

According to the minutes, this lower score is the direct result of a change in the district’s long-term debt profile caused by a bond issue in fiscal year 2025. Despite this statistical change, the district maintained its “Recognition” status, which is the highest financial profile status a school district in Illinois can achieve.

The Board voted unanimously to accept the audit report and approve the Annual Financial Report as presented.

Leave a Comment





Latest News Stories

Digitization of aviation supply chain an opportunity to ascend out of 1950s

Digitization of aviation supply chain an opportunity to ascend out of 1950s

By Alan WootenThe Center Square Moving passengers and cargo through the air is heavily regulated and significantly ties efficiency to expense. “As currently postured,” says U.S. Rep. Brad Knott, R-N.C.,...
'Classic impasse' for Chicago aldermen debating proposed taxes, spending cuts

‘Classic impasse’ for Chicago aldermen debating proposed taxes, spending cuts

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Chicago Mayor Brandon Johnson is pushing for state help in funding the city’s budget, but a city...
Texas authorities arrest men for violent crimes after illegally entering as minors

Texas authorities arrest men for violent crimes after illegally entering as minors

By Bethany BlankleyThe Center Square Authorities in Texas continue to arrest violent men in major cities years after they illegally entered the country as unaccompanied minors. They’re also continuing to...
WATCH: Gun ban cases and the Supreme Court; English and CDLs; Don Tracy eyes Senate

WATCH: Gun ban cases and the Supreme Court; English and CDLs; Don Tracy eyes Senate

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop discusses the status...
Illinois quick hits: Madigan disbarred; taxpayers subsidize medical debt relief

Illinois quick hits: Madigan disbarred; taxpayers subsidize medical debt relief

By Jim Talamonti | The Center SquareThe Center Square Madigan disbarred Former Illinois House Speaker Michael Madigan is no longer licensed to practice law in the Land of Lincoln. The...
Casey Council Meeting Graphic.1

Audit Confirms Utility Losses as Casey Council Approves First Property Tax Hike in Five Years

Casey City Council Meeting | November 17, 2025 Article Summary: The Casey City Council approved a 3% property tax levy increase after an independent audit for the fiscal year ending...
Reshoring manufacturing will take a more skilled workforce, small manufacturers say

Reshoring manufacturing will take a more skilled workforce, small manufacturers say

By Morgan SweeneyThe Center Square The federal government should help American businesses access highly skilled workers, continue to cut burdensome regulations and perhaps alter some of its tariff policies to...
WATCH: Feds take steps to dismantle ED, states respond

WATCH: Feds take steps to dismantle ED, states respond

By Esther WickhamThe Center Square Since the Trump administration’s moves to dismantle the U.S. Department of Education, it has prompted a wide range of reactions from state education leaders nationwide....
Inflation-adjusted teacher salaries drop despite record spending on public education

Inflation-adjusted teacher salaries drop despite record spending on public education

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A new report says structural problems have led to record-high spending on public education in Illinois and...
State officials race clock amid legal changes to gerrymandered maps

State officials race clock amid legal changes to gerrymandered maps

By Brett RowlandThe Center Square States looking to pad partisan advantage by redrawing political maps ahead of the 2026 midterms face mounting legal challenges and a fresh race against the...
Illinois quick hits: CDC's autism and vaccines website criticized by IDPH

Illinois quick hits: CDC’s autism and vaccines website criticized by IDPH

By Jim Talamonti | The Center SquareThe Center Square CDC's autism and vaccines website criticized The Illinois Department of Public Health is criticizing the U.S. Centers for Disease Control and...
Federal judge orders halt to National Guard deployment in DC

Federal judge orders halt to National Guard deployment in DC

By Andrew RiceThe Center Square A federal judge in the District of Columbia ordered the Trump administration to end its deployment of the National Guard in the nation's capital. Judge...
Consumer group files amicus brief on behalf of NRA’s petition to Supreme Court

Consumer group files amicus brief on behalf of NRA’s petition to Supreme Court

By Tate MillerThe Center Square Consumers’ Research says consumers must be protected from government officials who abuse their power as it filed an amicus brief in support of the National...
Report links Minnesota welfare fraud to terrorist funding

Report links Minnesota welfare fraud to terrorist funding

By Elyse ApelThe Center Square New reports allege that millions of taxpayer dollars have been fraudulently stolen from the Minnesota welfare system and then sent to the Somali-based terror group...
White House denies Trump wants to execute 'seditious' Dem lawmakers

White House denies Trump wants to execute ‘seditious’ Dem lawmakers

By Thérèse BoudreauxThe Center Square Despite several social media posts that seem to suggest the contrary, President Donald Trump does not want to execute Democratic members of Congress for “seditious...