Casey-Westfield Board Accepts Clean Audit, Notes Dip in Financial Profile Score due to Bonds
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:
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Clean Audit: Kemper CPA Group reported no findings on expenditures of federal funding for the fiscal year.
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Score Adjustment: The district’s financial profile score moved from 4.0/4.0 to 3.55/4.0.
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Reason for Change: The score decrease is attributed to a change in the long-term debt profile resulting from a bond issue in FY25.
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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.
Mostly Clear
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