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

Pacific Northwest journalists sound off on Antifa at President Trump’s roundtable

Pacific Northwest journalists sound off on Antifa at President Trump’s roundtable

By Carleen JohnsonThe Center Square Journalists from the Pacific Northwest took part in President Donald Trump’s Wednesday roundtable discussion on Antifa that included top cabinet officials and other independent members...
Nvidia will pay 100k visa fees, others unsure

Nvidia will pay 100k visa fees, others unsure

By Andrew RiceThe Center Square Nvidia CEO Jensen Huang said his company would pay $100,000 fees for H-1B visas imposed by the Trump administration. On Sept. 19, President Donald Trump...
'Shameful:' GOP leaders frustrated with Dems on tenth day of shutdown

‘Shameful:’ GOP leaders frustrated with Dems on tenth day of shutdown

By Thérèse BoudreauxThe Center Square U.S. senators have left town for the weekend and will not vote again on a federal funding bill until Tuesday, meaning the ongoing government shutdown...
Trump snubbed by Nobel Committee, praised by winner

Trump snubbed by Nobel Committee, praised by winner

By Sarah Roderick-FitchThe Center Square After being credited for ending seven wars, President Donald Trump was snubbed for the Nobel Peace Prize. Trump, who accumulated several high-profile nominations for the...
Trump threatens tariffs on China over 'hostile' rare earths policy

Trump threatens tariffs on China over ‘hostile’ rare earths policy

By Brett RowlandThe Center Square President Donald Trump threatened a "massive increase" in tariffs on products from China after Beijing tightened export controls on rare earth minerals critical to advanced...
Illinois legislator urges school discipline to focus on behavior, not race

Illinois legislator urges school discipline to focus on behavior, not race

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – McLean County Unit 5 submits a new discipline plan under state law after racial disparities are...
WATCH: Trump appeals Guard TRO as DHS looks to ‘double down’ law enforcement in Chicago

WATCH: Trump appeals Guard TRO as DHS looks to ‘double down’ law enforcement in Chicago

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 the latest...
Illinois quick hits: Trump appeals judge's Guard order; ICE fence ordered down in Broadview

Illinois quick hits: Trump appeals judge’s Guard order; ICE fence ordered down in Broadview

By Jim Talamonti | The Center SquareThe Center Square Trump appeals judge's Guard order The Trump administration has appealed a federal judge’s temporary restraining order and preliminary injunction blocking the...
Trump administration appeals Illinois TRO blocking National Guard deployment

Trump administration appeals Illinois TRO blocking National Guard deployment

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Trump administration is appealing a federal judge’s temporary restraining order and preliminary injunction blocking the administration’s...
Casey Library.2

Library Board Approves Air Conditioner Bid Via “Texting” Vote

Casey Township Library Board of Trustees Meeting | September 4, 2025 Article Summary: After a multi-month process, the Casey Township Library Board has officially approved a bid from Remlinger to...
Illinois Safe Routes to School grant

Casey Pursues $250,000 Grant for Sidewalks to School

Article Summary: The City of Casey has formally committed to applying for a $250,000 Illinois Safe Routes to School grant to replace and install over 1,400 feet of new, ADA-compliant...
Israeli government approves Gaza ceasefire

Israeli government approves Gaza ceasefire

By Sarah Roderick-FitchThe Center Square The Israeli government has approved a ceasefire as part of the first phase of the peace plan with Hamas. The deal comes ahead of President...
Florida teens credited for averting school shooting plot in Washington state

Florida teens credited for averting school shooting plot in Washington state

By Carleen JohnsonThe Center Square Two teenage boys in Florida are being called heroes for their response to a five-second TikTok video last month that may well have averted disaster...
IRS reveals tax inflation adjustments for 2026

IRS reveals tax inflation adjustments for 2026

By Morgan SweeneyThe Center Square Americans can look forward to bigger standard deductions on their 2026 taxes and higher standard deductions on their 2025 taxes, thanks to inflation and the...
Spokane leaders mount one-of-a-kind effort to reaffirm treatment-first approach

Spokane leaders mount one-of-a-kind effort to reaffirm treatment-first approach

By Tim ClouserThe Center Square A coalition out of Spokane is preparing to collect signatures from leaders across the region to coordinate a countywide homelessness response without funding commitments attached....