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

IL GOP U.S. Senate candidate says state needs balanced representation

IL GOP U.S. Senate candidate says state needs balanced representation

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Despite having to push through a potentially crowded primary field, Republican U.S. Senate candidate Don Tracy says...
Wheat price drop brings notable Thanksgiving savings for Illinois families

Wheat price drop brings notable Thanksgiving savings for Illinois families

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Illinois families will see some relief at the Thanksgiving table this year, with the average cost...
Illinois lawmaker calls FDA hormone therapy reversal ‘overdue’

Illinois lawmaker calls FDA hormone therapy reversal ‘overdue’

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – An Illinois lawmaker and practicing physician weighs said U.S. Health and Human Services Secretary Robert F....
VGBB-JuliaEckertyBringsBallUpTheCourt

Lady Warriors shake off slow start to beat Chrisman

Feature photo caption: Julia Eckerty brings the ball up the court to set the offense against the Chrisman Lady Cardinals. Eckerty acted as the floor general for the Purple and...
September jobs report adds 119,000, steady unemployment

September jobs report adds 119,000, steady unemployment

By Andrew RiceThe Center Square The delayed release of a September report on the labor market appeared to defy expectations. The report showed employers added 119,000 jobs in September, a...
Indicted Florida congresswoman leaves committee leadership post

Indicted Florida congresswoman leaves committee leadership post

By Merrilee GasserThe Center Square U.S. Rep. Sheila Cherfilus-McCormick of Florida, indicted on charges of stealing $5 million in federal disaster funds and using some of it for her campaign,...
Existing home sales up 1.2% in October

Existing home sales up 1.2% in October

By Brett RowlandThe Center Square Sales of existing homes climbed 1.2% in October, according to a report released Thursday by the National Association of Realtors. The 1.2% increase in existing-home...
Chip Roy calls for full pause on all U.S. immigration

Chip Roy calls for full pause on all U.S. immigration

By Andrew RiceThe Center Square U.S. Rep. Chip Roy, R-Texas, is proposing a freeze to legal immigration admissions and visa issuances until the federal government addresses changes to the immigration...
Prosecutors defend indictment in Comey case after defense questions

Prosecutors defend indictment in Comey case after defense questions

By Brett RowlandThe Center Square Prosecutors defended how they presented the criminal case against former FBI boss James Comey to a grand jury after defense attorneys said the indictment failed...
IL Rep on congressmen trading: 'We're not going to take a pile of money to hell'

IL Rep on congressmen trading: ‘We’re not going to take a pile of money to hell’

By Jim TalamontiThe Center Square An Illinois congresswoman says the public is right to be alarmed about elected officials enriching themselves through insider trading. The U.S. House Administration Committee held...
House axes provision letting senators sue over data surveillance

House axes provision letting senators sue over data surveillance

By Thérèse BoudreauxThe Center Square The U.S. House has repealed a section in the recently-passed government funding bill that would have allowed individual senators to sue the federal government for...
DoEd’s six new agency partnerships will give parents freedom, break up bureaucracy

DoEd’s six new agency partnerships will give parents freedom, break up bureaucracy

By Tate MillerThe Center Square An education organization is applauding the U.S. Department of Education’s six new agency partnerships announced this week, stating that parents will have more control over...
Illinois quick hits: Officer shot report numbers down; Thanksgiving meal costs down

Illinois quick hits: Officer shot report numbers down; Thanksgiving meal costs down

By Jim Talamonti | The Center SquareThe Center Square Officer shot report numbers down The National Fraternal Order of Police reports, through Oct. 31, 285 police officers have been shot...
WATCH: Chicago activist testifies; Quinn’s millionaire surcharge; High SNAP error rate

WATCH: Chicago activist testifies; Quinn’s millionaire surcharge; High SNAP error rate

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 shares highlights from...
Farm Bureau says Thanksgiving prices down, but not enough

Farm Bureau says Thanksgiving prices down, but not enough

By Brett RowlandThe Center Square The cost of a Thanksgiving meal is down 5% this year, but Americans still feel strained by high food prices, according to the American Farm...