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

Medical device manufacturer invests $110M to expand Nebraska plant, boost drug supply

Medical device manufacturer invests $110M to expand Nebraska plant, boost drug supply

By Tom JoyceThe Center Square A major American medical device manufacturer is investing $110 million to expand production in Nebraska as part of an effort to restore pharmaceutical manufacturing and...
Chicago council considers 'not a tax' surcharge on hotels

Chicago council considers ‘not a tax’ surcharge on hotels

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Chicago’s city council is considering a new assessment on hotel stays that supporters say would raise about...

IL Senate GOP: Pritzker, not Trump, raised power bills

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois Senate Republicans say Gov. J.B. Pritzker is wrong to blame President Donald Trump for high electric...
SC weighs whether Amazon must pay workers for mandatory COVID screenings

SC weighs whether Amazon must pay workers for mandatory COVID screenings

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – The Illinois Supreme Court is considering whether Amazon must compensate warehouse workers for time spent waiting...
WATCH: Tax increase talk at Statehouse; Bost’s election lawsuit against Illinois wins standing

WATCH: Tax increase talk at Statehouse; Bost’s election lawsuit against Illinois wins standing

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 the status of...
Illinois Quick Hits: Indiana governor 'working hard' to attract Bears

Illinois Quick Hits: Indiana governor ‘working hard’ to attract Bears

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Indiana Gov. Mike Braun says the Chicago Bears noticed that the Hoosier state is open for business....
Vance's tie-breaking vote tanks resolution restricting Venezuela military actions

Vance’s tie-breaking vote tanks resolution restricting Venezuela military actions

By Thérèse BoudreauxThe Center Square By the slimmest of margins, the U.S. Senate successfully derailed a resolution that would have curtailed the Trump administration’s power to continue military action in...
Federal court upholds California congressional redistricting

Federal court upholds California congressional redistricting

By Dave MasonThe Center Square California’s congressional redistricting, designed to pick up five more Democratic seats in this year’s midterm elections, was upheld Wednesday in a federal court in downtown...
Trump orders new mediation for New York rail contract dispute

Trump orders new mediation for New York rail contract dispute

By Chris Wade contributionThe Center Square President Donald Trump on Wednesday ordered new mediation for stalled contract talks between New York's Metropolitan Transportation Authority and union leaders in a last-ditch...
U.S. House passes two more govt funding bills, sending to Senate

U.S. House passes two more govt funding bills, sending to Senate

By Thérèse BoudreauxThe Center Square In a bipartisan vote Wednesday, the U.S. House passed a minibus containing two more full-year federal funding bills, sending the package to the Senate for...
Governors seek delay on sharing cost of food stamp errors

Governors seek delay on sharing cost of food stamp errors

By Brett RowlandThe Center Square State and local officials are asking Congress for a delay on sharing the cost of errors in the federal food assistance program, but said they...
Supreme Court ruling allows Bost to challenge Illinois election law

Supreme Court ruling allows Bost to challenge Illinois election law

By Catrina Baker | The Center Square contributorThe Center Square (The Center Square) – A U.S. Supreme Court ruling clears the way for U.S. Rep. Mike Bost to challenge Illinois’...
Illinois quick hits: Illinois auto insurance rates dropping

Illinois quick hits: Illinois auto insurance rates dropping

By Jim Talamonti | The Center SquareThe Center Square Illinois auto insurance rates dropping A new report says Illinois auto insurers are lowering premiums by 4.26% in 2026 while providers...
SCOTUS rules on warrantless searches, double convictions and election suits

SCOTUS rules on warrantless searches, double convictions and election suits

By Andrew RiceThe Center Square The U.S. Supreme Court decided three cases Wednesday about political candidates' standing to sue, warrantless searches, and double convictions. The justices marked Jan. 14 as...

WATCH: WA Democrats criticize reporter probes into potential daycare fraud

By Carleen JohnsonThe Center Square Washington state Democratic leaders responded fiercely to the notion of journalists looking into possible fraud regarding Washington state daycares that receive taxpayer funds. The issue...