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

U.S. nuclear stockpile hit with shutdown furloughs

U.S. nuclear stockpile hit with shutdown furloughs

By Liam HibbertThe Center Square All 68 federal employees at a Nevada nuclear stockpile site were furloughed in the wake of the U.S. government shutdown. Some contractors remain at the...
Spokane police chief ordered officers not to work with FBI after June 11 protest

Spokane police chief ordered officers not to work with FBI after June 11 protest

By Tim ClouserThe Center Square Spokane Police Chief Kevin Hall directed officers not to work with the FBI in the days following the June 11 immigration protests, according to records...
Treasury sanctions Russian oil companies, calls for ceasefire

Treasury sanctions Russian oil companies, calls for ceasefire

By Andrew RiceThe Center Square The U.S. Treasury Department announced sanctions against two Russian oil companies on Wednesday. The department cited Russia's "lack of serious commitment" to ending the war...
DOJ: Illegal immigrant charged with assault

DOJ: Illegal immigrant charged with assault

By Dave MasonThe Center Square An illegal immigrant from Mexico was expected to make his first court appearance Wednesday following an arrest in which he rammed law enforcement vehicles before...
Manufacturing advocate: 'Follow the actions' with Pritzker on taxes

Manufacturing advocate: ‘Follow the actions’ with Pritzker on taxes

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker says he prefers growing the economy over raising taxes, but a small and midsize...
Illinois quick hits: National Guard restraining order extended; economic growth above trend

Illinois quick hits: National Guard restraining order extended; economic growth above trend

By Jim Talamonti | The Center SquareThe Center Square National Guard restraining order extended Following an agreement between the state of Illinois and the federal government, U.S. District Court Judge...
US and Qatar say EU climate regulations could impact LNG supplies

US and Qatar say EU climate regulations could impact LNG supplies

By Alton WallaceThe Center Square The U.S. Department of Energy is urging the heads of State in the European Union (EU) to repeal or significantly change climate regulations adopted in...
U.S. debt tops $38 trillion for first time

U.S. debt tops $38 trillion for first time

By Brett RowlandThe Center Square The U.S. national debt reached $38 trillion amid a partial federal government that costs taxpayers $400 million daily to pay furloughed federal workers to stay...
Trump defends tariffs, tells beef producers to lower prices

Trump defends tariffs, tells beef producers to lower prices

By Brett RowlandThe Center Square Cattle producers called on President Donald Trump to reverse course on a plan to import beef from Argentina as prices for the grocery store staple...
VA secretary pleads with Democrats to end the shutdown

VA secretary pleads with Democrats to end the shutdown

By Morgan SweeneyThe Center Square As part of a visit to the Washington, D.C., veterans’ medical center Wednesday, Department of Veterans Affairs Secretary Doug Collins publicly urged Democrats in Congress...

WATCH: Pritzker opposes redistricting Illinois mid-cycle as other states move forward

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – The prospect of Illinois legislators changing the state’s congressional maps before the 2026 election seems unlikely with...
Record-long govt shutdown threatens food, early childhood education assistance

Record-long govt shutdown threatens food, early childhood education assistance

By Thérèse BoudreauxThe Center Square Senate Democrats are set to block Republicans’ government funding bill for the 12th time Wednesday, keeping the federal government shut down despite tens of millions...
Sen. Scott Wiener announces he's running for Pelosi's seat

Sen. Scott Wiener announces he’s running for Pelosi’s seat

By Dave MasonThe Center Square State Sen. Scott Wiener, a San Francisco Democrat and vocal opponent of the Trump administration, announced Wednesday he’s running for U.S. Rep. Nancy Pelosi’s seat....
Cities sue Trump administration for tying funds to DEI

Cities sue Trump administration for tying funds to DEI

By Elyse ApelThe Center Square Denver has joined a coalition suing the Trump administration over funds it says have been "illegally" withheld. Joined on the lawsuit by other Democrat-run cities...
Federal shutdown sidelines 34,000 workers in Colorado

Federal shutdown sidelines 34,000 workers in Colorado

By Elyse ApelThe Center Square As the federal government enters its fourth week of a shutdown, an estimated 34,000 Coloradans are currently on furlough from their federal jobs. That's according...