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

ACA premiums projected to rise 26% in 2026, far above U.S. inflation

ACA premiums projected to rise 26% in 2026, far above U.S. inflation

By Tom JoyceThe Center Square Affordable Care Act health insurance premiums are expected to rise about 26% in 2026, the biggest increase in eight years and much higher than overall...
VGBB-LucyMoore-1000thCareerPoints

Milestone Moment: Moore hits 1,000th point in season opener

Senior Lucy Moore is recognized for reaching the 1,000-point career milestone during the Lady Warriors' 50-12 win over Villa Grove. Moore entered the season opener needing 22 points to hit...
Michigan law firm sued over alleged racial bias in diversity scholarships

Michigan law firm sued over alleged racial bias in diversity scholarships

By Elyse ApelThe Center Square Two groups have sued a Michigan law firm for operating scholarships they allege are “racially discriminatory.” Do No Harm, a national anti-DEI policy advocacy group,...

WATCH: Libertarian concerns persist as IL Sec of State announces IDs for Apple Wallet

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Digital IDs have gone live in Illinois, but libertarians say the move makes it easier for governments...
Illinois quick hits: Pritzkers meets the Pope; Broadview to close street outside ICE facility

Illinois quick hits: Pritzkers meets the Pope; Broadview to close street outside ICE facility

By Jim Talamonti | The Center SquareThe Center Square Pritzkers meets the Pope Gov. J.B. Pritzker says it was an honor for he and the first lady to meet with...
DHS launches new initiative to crack down on student visa fraud

DHS launches new initiative to crack down on student visa fraud

By Bethany BlankleyThe Center Square The U.S. Department of Homeland Security has launched a new initiative to crack down on student visa fraud. It’s launched a new online tool through...
'Ghost projects' haunt power grid planners and taxpayers

‘Ghost projects’ haunt power grid planners and taxpayers

By Lauren Jessop | The Center Square contributorThe Center Square (The Center Square) – As the country braces for a surge in electricity demand driven by large energy users like...
WATCH: $10M campaign finance fine dropped; Digital ID unveiled, Chicagoans speak up

WATCH: $10M campaign finance fine dropped; Digital ID unveiled, Chicagoans speak up

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 reviews actions taken...
ICE, Border Patrol agents experience historic surge of vehicular attacks this year

ICE, Border Patrol agents experience historic surge of vehicular attacks this year

By Bethany BlankleyThe Center Square A surge in targeted vehicular attacks against U.S. Immigration and Customs Enforcement and Border Patrol officers have occurred this year “driven by hateful rhetoric from...
Poll: Americans support eliminating Department of Education

Poll: Americans support eliminating Department of Education

By Esther WickhamThe Center Square A new national poll reveals strong American voter support for eliminating the U.S. Department of Education. The survey by the nonprofit Yes. Every Kid Foundation,...
Exclusive: Nonprofit leader urges fight against 'woke capitalism'

Exclusive: Nonprofit leader urges fight against ‘woke capitalism’

By Andrew RiceThe Center Square A bill designed to protect the United States' court system from foreign influence is too broad, according to Trent England, director of the nonprofit Save...
As pennies disappear, businesses turn to hoarding, rounding

As pennies disappear, businesses turn to hoarding, rounding

By Brett RowlandThe Center Square Americans can continue to spend pennies, but few businesses are giving them back as the coin's 232-year run comes to an end. Some businesses have...
Chicago tax proposals draw concern over legality, 'economic death spiral'

Chicago tax proposals draw concern over legality, ‘economic death spiral’

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Chicago Mayor Brandon Johnson’s allies have launched a seven-figure campaign to support his 2026 budget proposal, but...
Illinois quick hits: Former governor proposes millionaire's surcharge; digital state ID launched

Illinois quick hits: Former governor proposes millionaire’s surcharge; digital state ID launched

By Jim Talamonti | The Center SquareThe Center Square Former governor proposes millionaire's surcharge Former Gov. Pat Quinn is pushing for a state constitutional amendment requiring Illinois millionaires to pay...
Louisiana Rep. Clay Higgins defends Epstein 'no' vote

Louisiana Rep. Clay Higgins defends Epstein ‘no’ vote

By Natalie ChandlerThe Center Square LouisianaRepublican Rep. Clay Higgins of Lafayette, the only U.S. House of Representatives lawmaker who voted against releasing documents associated with convicted sex offender Jeffrey Epstein...