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

Govt shutdown raises concerns over national security

Govt shutdown raises concerns over national security

By Andrew RiceThe Center Square As partisan divides appear to deepen and prolong the partial government shutdown, bipartisan lawmakers said they are concerned about national security effects of the funding...
Ex-speaker Madigan to begin 7.5-year prison sentence Monday

Ex-speaker Madigan to begin 7.5-year prison sentence Monday

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – One day before the Illinois General Assembly’s fall veto session is scheduled to begin, one of the...
Meeting Briefs

Meeting Summary and Briefs: Casey Township Library Board of Trustees for September 4, 2025

Casey Township Library Board of Trustees Meeting | September 4, 2025 The Casey Township Library Board took a major step toward a future expansion on Thursday, September 4, 2025, by...
Screenshot 2025-10-08 at 9.40.44 AM

Casey to Demolish Dilapidated Downtown Building for $42,120

Article Summary: The Casey City Council has awarded a $42,120 contract to Dirt Work Incorporated for the demolition of a dangerous and unsafe building at 204 S. Central. The city...
Trump says new 100% tariff on China as trade war escalates

Trump says new 100% tariff on China as trade war escalates

By Brett RowlandThe Center Square President Donald Trump on Friday said imports from China will face a new 100% tariff "over and above" existing import taxes on the world's second-largest...
Arizona congressman calls for end to government shutdown

Arizona congressman calls for end to government shutdown

By Chris WoodwardThe Center Square U.S. Rep. Abe Hamadeh, R-Arizona, wants Democrats to “come to their senses” and end the government shutdown. Hamadeh told The Center Square that Democrats’ reasons...

WATCH: Pritzker continues encouraging ICE protests after Guard blocked

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – With the National Guard’s deployment in Illinois for public safety blocked by a federal judge, Gov. J.B....
Illinois quick hits: Ag incentives announced; Cook County announces increased budget

Illinois quick hits: Ag incentives announced; Cook County announces increased budget

By Jim Talamonti | The Center SquareThe Center Square Ag incentives announced The Illinois Environmental Protection Agency and the Illinois Department of Agriculture have announced $67 million in funding to...
Former board member expressed concerns about indicted DeKalb superintendent

Former board member expressed concerns about indicted DeKalb superintendent

By Kim Jarrett | The Center SquareThe Center Square (The Center Square) – A former DeKalb County School Board member told The Center Square in 2023 she had concerns about...
Fiscal Fallout: Illinois has among highest-paid state employees

Fiscal Fallout: Illinois has among highest-paid state employees

By Jared Strong | The Center SquareThe Center Square (The Center Square) – The average wages for Illinois state employees are among the highest in the nation and belie the...
Report: State reliance on federal funds up significantly since 1990s

Report: State reliance on federal funds up significantly since 1990s

By Tate MillerThe Center Square States rely on federal dollars more than they have in modern history, according to a new report, with one of the report’s authors saying such...
Southwest low on list of safest states; Northeast at the top

Southwest low on list of safest states; Northeast at the top

By Dave MasonThe Center Square The Northeast corner is the safest part of the U.S., according to a new WalletHub study. The Southwest? Not so much. Issues such as high...
Trump administration begins axing positions of furloughed federal workers

Trump administration begins axing positions of furloughed federal workers

By Thérèse BoudreauxThe Center Square The Office of Management and Budget will begin eliminating thousands of civilian positions across the federal government, fulfilling the Trump administration’s plan to use the...
Washington state attorney general agrees to protect seal of confession

Washington state attorney general agrees to protect seal of confession

By Tim ClouserThe Center Square The Washington State Attorney General's Office reported on Friday that it has reached an agreement with the Catholic Church over a new abuse reporting law....
Senator urges Rubio to move forward designating Antifa a foreign terror organization

Senator urges Rubio to move forward designating Antifa a foreign terror organization

By Sarah Roderick-FitchThe Center Square President Donald Trump expressed a desire to designate Antifa a foreign terror organization; now, a U.S. senator is urging Secretary of State Marco Rubio to...