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

Commission enacted to aid young IL farmers facing challenges

Commission enacted to aid young IL farmers facing challenges

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Gov. J.B. Pritzker enacted a law launching the Farmland Transition Commission, a lifeline for young farmers...
Appeals court: Serious Chicago police disciplinary hearings must be public

Appeals court: Serious Chicago police disciplinary hearings must be public

By Glenn Minnis | The Center Square contributorThe Center Square (The Center Square) – A panel of appellate court judges has ruled Chicago police officers facing serious misconduct allegations must...
WATCH: IL child welfare interns debate heats up; state financial audit released

WATCH: IL child welfare interns debate heats up; state financial audit released

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 talks live with...
Georgia ICE arrests up 367 percent from 2021, making for 'safer streets, open jobs

Georgia ICE arrests up 367 percent from 2021, making for ‘safer streets, open jobs

By Tate MillerThe Center Square U.S. Immigration and Customs Enforcement arrests surged by 367% in Georgia this year, with 4,500 illegal aliens arrested in the state between January 20 and...
Illinois quick hits: CUB challenges Ameren rate hike plan

Illinois quick hits: CUB challenges Ameren rate hike plan

By The Center SquareThe Center Square Disaster proclaimed in three counties A disaster proclamation has been issued for Cook, Jersey and Calhoun counties after severe weather last month. Gov. J.B....
Experts call for probe after Microsoft left out China ties in Pentagon security plan

Experts call for probe after Microsoft left out China ties in Pentagon security plan

By Tom JoyceThe Center Square Microsoft is facing renewed calls for a congressional investigation after ProPublica revealed the company omitted key details about its use of China-based engineers in a...
FBI raids the home of John Bolton

FBI raids the home of John Bolton

By Sarah Roderick-FitchThe Center Square The Maryland home of former UN Ambassador John Bolton has been raided by the FBI, according to multiple reports. FBI Director Kash Patel posted a...
Lake Land College.6

Lake Land College Adopts New Strategic Plan: ‘Education that Fits Your Life’

Article Summary: The Lake Land College Board of Trustees has officially adopted a new strategic direction centered on the motto, "Education that Fits Your Life," signaling a shift toward more...
Clark County Logo

Clark County Board Delays Decision on Using Cannabis Funds for School Counselors

Article Summary: A proposal to direct county cannabis tax revenue to fund counseling services in Clark County schools has been put on hold until budget season. The Human Resource Center...
WATCH: Detransitioner gets a second chance at medical malpractice lawsuit against doctors

WATCH: Detransitioner gets a second chance at medical malpractice lawsuit against doctors

By Carleen JohnsonThe Center Square A young woman whose detransition story has been one of the most widely covered in the nation will soon learn if a judge in North...
WATCH: CA Democrats pass congressional redistricting plan

WATCH: CA Democrats pass congressional redistricting plan

By Dave MasonThe Center Square After a day of vigorous debates punctuated by occasional applause, both houses of the California Legislature Thursday passed the three bills making up the congressional...
Pew: U.S. immigrant population declines for first time in nearly 60 years

Pew: U.S. immigrant population declines for first time in nearly 60 years

By Caroline BodaThe Center Square The U.S.’s foreign-born population shrunk this year for the first time since the 1960s, new data released Thursday from the nonpartisan Pew Research Center found....
European Union says U.S. consumers will end up paying tariffs

European Union says U.S. consumers will end up paying tariffs

By Brett RowlandThe Center Square European Union leaders detailed the terms of a trade deal they struck with President Donald Trump on Thursday, making sure to point out who will...
WATCH: Illinois’ FY23 financial audit released amid criticism of tardy reports

WATCH: Illinois’ FY23 financial audit released amid criticism of tardy reports

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Illinois taxpayers can now look at how the state spent their money in the fiscal year that...
Illinois quick hits: Anti-SLAPP bill signed; Chicago schools settles meditation case

Illinois quick hits: Anti-SLAPP bill signed; Chicago schools settles meditation case

By Jim Talamonti | The Center SquareThe Center Square Anti-SLAPP bill signed Gov. J.B. Pritzker has signed legislation to protect news media from strategic lawsuits against public participation (SLAPP). The...