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

Illinois Quick Hits: End of tax credit causes another Catholic school to close

Illinois Quick Hits: End of tax credit causes another Catholic school to close

By Jim Talamonti | The Center SquareThe Center Square Another Archdiocese of Chicago school has cited the end of Illinois’ Invest in Kids Scholarship Tax Credit Program as a reason...

Chicago inspector general hopes for urgency to address OT mistakes

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Chicago’s inspector general says she hopes there is urgency to correct mistakes after the city paid $26.5...

Poll shows most Americans support legal limits to abortion

By Tate MillerThe Center Square Pro-life groups celebrate the 53rd annual March for Life event in the wake of a Knights of Columbus-Marist Poll showing that most Americans support legal...
Bill would give parents access to expulsion evidence

Bill would give parents access to expulsion evidence

By Cat Barker | The Center Square contributorThe Center Square (The Center Square) – Illinois lawmakers are weighing legislation that would require public schools to share all evidence used to...
WATCH: Pritzker IDs half billion in ‘reserves;’ SCOTUS considering gun ban challenge

WATCH: Pritzker IDs half billion in ‘reserves;’ SCOTUS considering gun ban challenge

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square's Greg Bishop discusses a recent announcement...
Proposed Illinois bill would let local voters approve rent control, drawing sharp criticism

Proposed Illinois bill would let local voters approve rent control, drawing sharp criticism

By Cat Barker | The Center Square contributorThe Center Square (The Center Square) – A proposed Illinois bill, the “Let the People Lift the Ban Act," SB2884, would let local...
Businesses close in Minnesota for anti-ICE ‘economic blackout’

Businesses close in Minnesota for anti-ICE ‘economic blackout’

By Elyse ApelThe Center Square Many businesses across Minnesota closed today as part of an ‘economic blackout’ to protest U.S. Immigration and Customs Enforcement. This comes in response to calls...
Illinois Quick Hits: Higher ed board pushes for more spending

Illinois Quick Hits: Higher ed board pushes for more spending

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois Board of Higher Education has approved a 4.5% spending increase in its budget for fiscal...
lake land college.2

Policy Change Relaxes Grade Exclusion Requirements for Returning Students

Lake Land College Board of Trustees Meeting | Dec. 8, 2025 Article Summary: Trustees voted to reduce the waiting period required for students to apply for grade exclusion, lowering the...
Pritzker says $481.6 million put in reserves, GOP questions state spending

Pritzker says $481.6 million put in reserves, GOP questions state spending

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – One day after an Illinois state representative said there was no budget transparency from J.B. Pritzker’s office,...
Illinois Quick Hits: HHS: IL abortion referral rule violates federal law

Illinois Quick Hits: HHS: IL abortion referral rule violates federal law

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The U.S. Department of Health and Human Services has notified Illinois officials that the state is violating...

WATCH: Resolution condemning federal immigration law enforcement sparks debate

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois House Democrats are calling for investigation, prosecution and impeachment of federal immigration law enforcement. State Rep....
Screenshot 2026-01-21 at 5.13.00 PM

Casey City Council Bans Sale and Possession of Kratom Products

City of Casey Meeting | January 19, 2026 Article Summary: The Casey City Council on Monday unanimously approved an ordinance prohibiting the sale, possession, and delivery of Kratom and 7-Hydroxymitragynine...
Screenshot 2026-01-21 at 5.13.46 PM

Council Pursues Site Readiness Grant; Discusses Outsourcing Code Enforcement

City of Casey Meeting | January 19, 2026 Article Summary: The Casey City Council approved a resolution to support a Regional Site Readiness Grant application and began discussions on potentially...
Chicago splits pension payments in hopes of Improving cash flow

Chicago splits pension payments in hopes of Improving cash flow

By Glenn Minnis | The Center Square contributorThe Center Square (The Center Square) – Illinois State Rep. Dan Ugaste, R-Saint Charles, worries Chicago’s newfound plan to divide annual advance supplemental...