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

Trump: Iranian regime 'disjointed', won't indicate if further strikes are coming

Trump: Iranian regime ‘disjointed’, won’t indicate if further strikes are coming

By Sarah Roderick-FitchThe Center Square More than two months after the joint U.S., Israel strikes against Iran, President Donald Trump won’t say if he is considering further strikes against the...
House Farm Bill includes new seafood office, shrimp trade study

House Farm Bill includes new seafood office, shrimp trade study

By Nolan MckendryThe Center Square The 2026 Farm Bill passed by the U.S. House includes new seafood provisions aimed at giving commercial fishermen and shrimpers greater access to federal agriculture...
Arizona congressman seeks to protect sex abuse victims

Arizona congressman seeks to protect sex abuse victims

By Zachery SchmidtThe Center Square An Arizona congressman is attempting to bring a state law that protects victims from their abusers to the federal level. U.S. Rep. Abe Hamadeh, R-Surprise,...
Trump threatens 25% tariff on EU cars and trucks

Trump threatens 25% tariff on EU cars and trucks

By Brett RowlandThe Center Square President Donald Trump threatened to raise tariffs on European Union cars and trucks to 25%, accusing the EU of violating a trade agreement the bloc...
Trump ends tariffs on Scotch whisky after King Charles visit

Trump ends tariffs on Scotch whisky after King Charles visit

By Brett RowlandThe Center Square President Donald Trump said he will remove the 10% tariff on Scotch whisky imports and lift restrictions on the barrel trade between Scotland and Kentucky,...
Civil rights complaints filed over race-based healthcare scholarships

Civil rights complaints filed over race-based healthcare scholarships

By Elyse ApelThe Center Square A nonprofit advocacy group has filed federal civil rights complaints against two healthcare systems, alleging their scholarship programs unlawfully exclude applicants based on race. Do...
Candidates clamor for Carter's open seat

Candidates clamor for Carter’s open seat

By Andrew RiceThe Center Square U.S. Rep. Buddy Carter's decision to run for U.S. Senate has attracted 14 candidates for his 1st Congressional District post. Carter, a Republican, has served...
Illinois Quick Hits: Civic federation funds 'persistent structural imbalance' in Illinois

Illinois Quick Hits: Civic federation funds ‘persistent structural imbalance’ in Illinois

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A new Civic Federation report has identified a persistent structural imbalance in the Illinois budget, with expenditures...
U.S. House OKs Fetterman bill allowing SNAP to cover hot rotisserie chicken

U.S. House OKs Fetterman bill allowing SNAP to cover hot rotisserie chicken

By John ColeThe Center Square A bill that would allow recipients of the Supplemental Nutrition Assistance Program, or SNAP, to buy hot rotisserie chicken is one step closer to becoming...
Gas hits $6 a gallon in California; Southwest see increases

Gas hits $6 a gallon in California; Southwest see increases

By Liam HibbertThe Center Square California Thursday officially exceeded an average gas price of $6 a gallon for the first time since the start of the U.S.-Israel conflict with Iran....
Teacher unions spent over $1B on political causes since 2015

Teacher unions spent over $1B on political causes since 2015

By Esther WickhamThe Center Square National teachers unions have spent over $1 billion on political activity and advocacy since 2015, according to a new report by Defending Education. Both reports,...
Illinoisans may soon need registration, title, license to use e-bikes, scooters

Illinoisans may soon need registration, title, license to use e-bikes, scooters

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Illinoisans may soon be required to register their e-bikes, motorized scooters and other various modes of transport...
Pritzker’s commission report pushes for local investigations of federal 'brutality'

Pritzker’s commission report pushes for local investigations of federal ‘brutality’

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker’s Illinois Accountability Commission has released its report on alleged abuses by federal immigration law...
Illinois mulls change allowing pension investment in anti-Israel companies

Illinois mulls change allowing pension investment in anti-Israel companies

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Multiple speakers shared personal stories Thursday from the conflict between Israeli forces and Palestinians in an effort...
Gun rights advocate questions Illinois ballistic imaging plan

Gun rights advocate questions Illinois ballistic imaging plan

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – A newly introduced measure in the Illinois General Assembly aimed at expanding ballistic imaging technology is...