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 announces 25% tariff on nations doing business with Iran

Trump announces 25% tariff on nations doing business with Iran

By Brett RowlandThe Center Square President Donald Trump on Monday said any nation that does business with Iran will face a 25% tariff on imports as massive protests in the...
Boston, Seattle, Madison top list of best cities for students

Boston, Seattle, Madison top list of best cities for students

By Esther WickhamThe Center Square Access to high-quality education remains a top priority for many families, and a new study suggests strong academic performance often goes hand in hand with...
Illinois congressman hails health care win, experts question Senate path, costs

Illinois congressman hails health care win, experts question Senate path, costs

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – An Illinois congressman praised a bipartisan House vote extending enhanced Affordable Care Act subsidies, framing the...
GOP senator wants budget transparency; Dems describe open process

GOP senator wants budget transparency; Dems describe open process

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – As Illinois state senators return to Springfield, Democrats and Republicans disagree over the level of transparency in...

WATCH: Illinois sues over public safety tactics around immigration enforcement

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Illinois is suing the Trump administration, alleging the tactics being used to enforce public safety around immigration...
Illinois voices collide as Trump’s Maduro arrest fuels war powers debate

Illinois voices collide as Trump’s Maduro arrest fuels war powers debate

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – The arrest of Venezuelan President Nicolás Maduro has triggered a constitutional debate over executive power, dividing...
Illinois Supreme Court justice to retire

Illinois Supreme Court justice to retire

By Jim Talamonti | The Center SquareThe Center Square (The Cetner Square) – Illinois Supreme Court Justice Mary Jane Theis has announced her retirement from the Illinois Supreme Court, effective...
Bridge payment a ‘bandage,’ Illinois farmers say

Bridge payment a ‘bandage,’ Illinois farmers say

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – An Illinois corn grower says the $12 billion taxpayer funded bridge payment the Trump administration announced will...
Even with new rule, Illinois lawmakers could restrict inmate mail scanning

Even with new rule, Illinois lawmakers could restrict inmate mail scanning

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois Department of Corrections (IDOC) has a permanent rule in place for electronic mail processing, but...
WATCH: States sue over funds; DHS responds to critics; Fed responds to investigation

WATCH: States sue over funds; DHS responds to critics; Fed responds to investigation

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop shares recent comments...
Illinois quick hits: Child care funding unfrozen

Illinois quick hits: Child care funding unfrozen

By Jim Talamonti | The Center SquareThe Center Square Child care funding unfozen Federal child care and welfare dollars for Illinois and four other states are unfrozen after a U.S....
Screenshot 2026-01-06 at 2.00.22 PM

Council Approves Police Union Agreement; Officer Moved to Full-Time

Meeting Summary and Briefs: City of Casey Council Meeting | Jan. 5, 2026 Article Summary: The City Council finalized a memorandum of agreement with the police union and officially elevated...
Chicago Flips Red calls for audit after public schools report

Chicago Flips Red calls for audit after public schools report

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A grassroots Chicago group is calling for a forensic audit of the city’s entire public school system...
Meeting Briefs

Meeting Summary and Briefs: Lake Land College Board of Trustees for November 2025

Lake Land College Board of Trustees Meeting | November 2025 The Lake Land College Board of Trustees met on Monday, November 10, 2025, to address infrastructure improvements, financial planning, and...
Screenshot 2026-01-06 at 2.00.15 PM

Casey Prepares for ‘America 250’ and Founders Day Parade

Meeting Summary and Briefs: City of Casey Council Meeting | Jan. 5, 2026 Article Summary: Local organizers presented ambitious plans for the upcoming Founders Day and America 250 celebrations, including...