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

City Council Meeting Briefs.Purple

Meeting Summary and Briefs: City of Casey City Council for March 16, 2026

City of Casey City Council Meeting | March 16, 2026 The Regular Meeting of the City of Casey City Council was held on Monday, March 16, 2026. Mayor Mike Nichols...
U.S.-Israel-Iranian conflict escalating global energy, supply chain crisis

U.S.-Israel-Iranian conflict escalating global energy, supply chain crisis

By Bethany BlankleyThe Center Square The U.S.-Israel led attack against Iran continues to impact the global oil supply by cutting off Persian Gulf crude production and distribution. It’s not only...
Casey Westfield Softball Graphic

Casey-Westfield Completes Wild Walk-Off Comeback to Edge Teutopolis 16-15

The Casey-Westfield varsity softball team secured a dramatic 16-15 victory over Teutopolis in a non-conference home shootout on Monday afternoon. Trailing late in the game, the hosts exploded for six...
Trump endorses Hilton in California gubernatorial primary

Trump endorses Hilton in California gubernatorial primary

By Dave MasonThe Center Square President Donald Trump has endorsed former Fox News anchor Steve Hilton in California’s Republican gubernatorial primary. Trump picked Hilton over the other prominent GOP candidate...
Feds award $1M for Rose Bowl upgrade ahead of Olympics

Feds award $1M for Rose Bowl upgrade ahead of Olympics

By Chris WoodwardThe Center Square The Rose Bowl is getting infrastructure upgrades ahead of the 2028 Summer Olympics. Just over $1 million in federal funds will go toward water and...
Trump defends Section 122 in latest tariff legal challenge

Trump defends Section 122 in latest tariff legal challenge

By Brett RowlandThe Center Square President Donald Trump's administration defended his newest 10% global entry tariffs against a legal challenge in a trade court. The administration said that Trump acted...
Education department rescinds Title IX resolution agreements

Education department rescinds Title IX resolution agreements

By Esther WickhamThe Center Square The U.S. Department of Education’s Office for Civil Rights on Monday rescinded portions of multiple resolution agreements, alleging that previous administrations expanded the interpretation of...
Illinois gun owners plan rally in wake of Supreme Court order

Illinois gun owners plan rally in wake of Supreme Court order

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – The Illinois State Rifle Association says gun owners have run out of options in a case challenging...
Artemis II mission breaks records Monday as astronauts observe far side of the moon

Artemis II mission breaks records Monday as astronauts observe far side of the moon

By Morgan SweeneyThe Center Square The astronauts of the Artemis II NASA mission made history just before 2 p.m. Eastern Monday when they traveled farther in their Orion spacecraft from...
Illinois quick hits: Illinois House speaker's son to attend private school; AFSCME workers set strike date at Illinois State University; IDOT urges public to avoid distracted driving

Illinois quick hits: Illinois House speaker’s son to attend private school; AFSCME workers set strike date at Illinois State University; IDOT urges public to avoid distracted driving

By Jim Talamonti | The Center SquareThe Center Square Illinois House speaker's son to attend private school Illinois House Speaker Emanuel “Chris” Welch, D-Hillside, says his son will attend a...
Federal-state showdown looms over regulation of prediction markets

Federal-state showdown looms over regulation of prediction markets

By Brett Rowland and Jon StyfThe Center Square The federal government is telling states to back off attempts to regulate prediction markets after several states took legal action to block...
No-knock warrant legislation brings Chicago victim, Illinois gun group together

No-knock warrant legislation brings Chicago victim, Illinois gun group together

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A diverse group of supporters are pushing to restrict no-knock search warrants in Illinois, but many law...
Trump promises 'complete demolition' in Iran as deadline looms

Trump promises ‘complete demolition’ in Iran as deadline looms

By Andrew RiceThe Center Square President Donald Trump promised "complete demolition" of Iran on Tuesday if the nation's leaders do not agree to a deal to reduce nuclear weapons development...
‘We leave no American behind’: President Trump details Easter rescue of downed airman

‘We leave no American behind’: President Trump details Easter rescue of downed airman

By Morgan SweeneyThe Center Square The successful Easter rescue of the downed F-15 airman who went missing in Iran was “one of the largest, most complex, most harrowing” combat search...
Michigan charges dentist in alleged 'massive' Medicaid fraud scheme

Michigan charges dentist in alleged ‘massive’ Medicaid fraud scheme

By Elyse ApelThe Center Square Michigan Attorney General Dana Nessel continues pursuing fraud cases across the state, announcing charges against a Macomb County dentist in what prosecutors described as a...