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

WATCH: California seeks investigation into big tech merger

WATCH: California seeks investigation into big tech merger

By Madeline ShannonThe Center Square California Attorney General Rob Bonta said Wednesday he was joining 12 other Democratic state attorneys general in intervening in a $14 billion merger between rival...

WATCH: IL legislator blames Pritzker, Johnson rhetoric for ‘bounties’ on ICE

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Federal law enforcement agents in Chicago conducting immigration enforcement are the targets of bounties from Mexican cartels,...
Voters concerned about prices amid tariff rollout, upcoming midterms

Voters concerned about prices amid tariff rollout, upcoming midterms

By Brett RowlandThe Center Square As President Donald Trump's tariffs go into force and midterm elections come into focus, voters are more concerned about how much things cost than about...
Supreme Court won't let lawmaker intervene in tariff challenge

Supreme Court won’t let lawmaker intervene in tariff challenge

By Brett RowlandThe Center Square The U.S. Supreme Court denied a move from a Montana lawmaker seeking to intervene as the high court takes up a challenge to President Donald...

WATCH: Lawmakers differ on ‘affordability issues’ plaguing Illinois

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois House Speaker Emanuel “Chris” Welch says state lawmakers need to address the state’s affordability issues, but...
Senate GOP leaders switch tactics as govt funding bill fails for 9th time

Senate GOP leaders switch tactics as govt funding bill fails for 9th time

By Thérèse BoudreauxThe Center Square As Democrats in the Senate repeatedly tank Republicans’ bill to reopen and extend funding for the federal government, Senate Majority Leader John Thune, R-S.D., is...
Federal judge blocks Trump from firing employees during shutdown

Federal judge blocks Trump from firing employees during shutdown

By Andrew RiceThe Center Square A federal judge temporarily blocked the Trump administration from firing employees during the partial government shutdown. U.S. District Judge Susan Illston, who is based in...
Colorado to receive $56.5 million for EV chargers

Colorado to receive $56.5 million for EV chargers

By Elyse ApelThe Center Square Colorado has officially secured nearly $60 million in federal funding for electric vehicle chargers. The funding is part of the National Electric Vehicle Infrastructure Grant...

WATCH: Illinois transit agencies face ‘trust cliff’ along with fiscal cliff

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – State lawmakers are questioning transit agency leaders over their revised fiscal cliff numbers and spending of operational...
Illinois quick hits: Stallantis to invest in four states; DHS: Bounties put on ICE

Illinois quick hits: Stallantis to invest in four states; DHS: Bounties put on ICE

By Jim Talamonti | The Center SquareThe Center Square Stallantis to invest in four states Stellantis has announced plans to expand its U.S. production by 50% with investments in Illinois,...
WATCH: DHS: cartel placing bounties on agents; prison mail scanned; House floor politics

WATCH: DHS: cartel placing bounties on agents; prison mail scanned; House floor politics

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 the latest...
Competition ‘evisceration’: SCOTUS asked to forever end Realtors’ ‘optional’ rules

Competition ‘evisceration’: SCOTUS asked to forever end Realtors’ ‘optional’ rules

By Jonathan Bilyk | Legal NewslineThe Center Square Amid a series of changes in the home selling business that have been called nothing short of seismic, the country's largest real...
Investigation: California brush clearance stalling 9 months after January fires

Investigation: California brush clearance stalling 9 months after January fires

By Kenneth SchruppThe Center Square California’s brush clearance efforts are stalling nine months after the devastating January fires that destroyed vast swathes of Los Angeles County, state data shows. Only...
Trump approval rating at 48% in October, poll finds

Trump approval rating at 48% in October, poll finds

By Thérèse BoudreauxThe Center Square A new poll shows that President Donald Trump’s approval rating reached 48% in October, a number mostly bolstered by Republicans. The Center Square Voters' Voice...
Millions of dollars spent on redistricting commercials

Millions of dollars spent on redistricting commercials

By Madeline ShannonThe Center Square As the California special election heats up in the weeks leading to voters saying yay or nay on Gov. Gavin Newsom’s congressional redistricting effort, big...