Casey-Westfield Board Approves $4.5 Million Bond Issue with Local Banks

Spread the love

The Casey-Westfield School Board unanimously approved a $4.5 million bond issue for fire prevention, safety improvements, and building renovations during Monday’s meeting, with financing arranged through three local banks at favorable rates.

Kendall King of King’s Financial Consulting reported that First Neighbor Bank, Preferred Bank, and Casey State Bank agreed to participate in the bond issue through direct placement, eliminating many underwriting and administrative fees associated with public bond sales.

“The direct placement with local banks means the District will not pay many of the underwriting and administrative fees associated with a public sale,” King explained. The arrangement also ensures that “local taxpayer money will remain in the local economy.”

The bond package includes up to $4.5 million for altering and reconstructing school buildings and purchasing fire prevention, safety, energy conservation, and security equipment, plus up to $900,000 for refunding existing district bonds.

Due to minimal existing debt, the district structured repayment to maintain or decrease current tax rates for bond and interest payments over the term. The board expressed appreciation to all three local banks for their participation and the economic benefits of keeping funds local.

The board also approved purchasing a critical server replacement for the junior/senior high school at a cost of $19,976 from Quality Networking Solutions. Superintendent Mike Shackelford reported the current 9-year-old server has lost 16GB of memory, runs at 95% capacity, and generates multiple daily error codes.

“It could fail at any time,” Shackelford warned, emphasizing the urgency of the replacement to maintain school technology operations.

Administrative leadership was secured for 2025-2026 with the board approving contracts for all four principal positions: Jim Sullivan as junior/senior high principal, Dalton McFarland as junior/senior high assistant principal, Kacie Rhoads as Monroe Elementary principal, and Audra Taylor as Monroe Elementary assistant principal.

The board also approved rehiring all non-tenured certified staff for the upcoming school year, providing stability and continuity in educational programming.

Student activities continue thriving across grade levels. Monroe Elementary’s Read-A-Thon concluded successfully with students reading 41,272 minutes and raising $5,255 for the library. The Daddy/Daughter Dance attracted 150 girls, while the FFA Tractor Parade proved popular with students.

Academic preparation intensifies with junior high students preparing for state IAR testing March 19-21, while Monroe Elementary will test the week of March 24. The Digital Literacy class is launching a project on investigating digital footprints, connecting technology education to personal responsibility.

Community service initiatives include the high school Student Council hosting a community-wide blood drive April 30, and National Honor Society induction ceremonies scheduled for March 20 at 7:00 p.m.

Infrastructure improvements continue with GRP/Wegman confirming HVAC replacement in Monroe’s 1972 addition over Easter break, funded through the previously approved energy savings contract.

The school calendar received updates with the tentative last day of school projected as Thursday, May 22, followed by Teacher Institute on May 23, assuming no additional snow days.

Leave a Comment





Latest News Stories

Op-Ed: State lawmakers gut Emmett Till Day bill, expose Illinois’ corruption problem

Op-Ed: State lawmakers gut Emmett Till Day bill, expose Illinois’ corruption problem

By LyLena D. Estabine | Illinois Policy InstituteThe Center Square July 25, 2025, would have marked Illinois’ first Emmett Till Day, a commemoration of the 14-year-old Chicagoan whose 1955 lynching...
Democratic PACs being investigated for bankrolling AWOL Texas House Democrats

Democratic PACs being investigated for bankrolling AWOL Texas House Democrats

By Bethany Blankley | The Center Square contributorThe Center Square (The Center Square) – Democratic political action committees are being investigated by state, and potentially federal, authorities over claims they...
Pritzker: Chicago mayor 'never once called' to oppose pension bill

Pritzker: Chicago mayor ‘never once called’ to oppose pension bill

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois Gov. J.B. Pritzker says Chicago Mayor Brandon Johnson never called him to oppose a pension bill...
WATCH: Illinois In Focus Daily | Thursday Aug. 7th, 2025

WATCH: Illinois In Focus Daily | Thursday Aug. 7th, 2025

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 continues his coverage...
Illinois quick hits: Cook County declares flood disaster; opt-out forms promoted; State Fair begins

Illinois quick hits: Cook County declares flood disaster; opt-out forms promoted; State Fair begins

By Jim Talamonti | The Center SquareThe Center Square Cook County, Chicago declare flood disaster Chicago Mayor Brandon Johnson and Cook County Board President Toni Preckwinkle have issued respective disaster...
Doudna Logo

Doudna Fine Arts Center 2025/2026 Season Announcement

The 2025/2026 season kicks off at the end of the month! Check out everything we have in store for you. You can find the link below to buy tickets. Doudna...
Screenshot

Search for New Casey Utility Superintendent Narrows to Five Candidates

The search for Casey’s next utility superintendent is moving into its final stages, with the city narrowing a pool of 25 applicants down to five finalists. The candidates are vying...
Casey Rotary Logo.2

Daughhetee, Winnett inducted into Casey Rotary Club

Casey’s Economic Development Director Tom Daughhetee (left) was inducted into the Casey Rotary Club by visiting District Assistant Governor Bill Malone at the July 29 regular...
WATCH: IL Republican pushes for TX quorum rules that Pritzker hails as ‘hero’ move

WATCH: IL Republican pushes for TX quorum rules that Pritzker hails as ‘hero’ move

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – While Gov. J.B. Pritzker jokes on national TV that Illinois’ congressional maps were drawn by kindergartners, a...
Screenshot

Casey Cracks Down on Blighted Properties, Considers Parental Responsibility Ordinance

The City of Casey is intensifying its efforts to combat blight, taking formal action against a dilapidated property on East Madison Avenue and considering new measures to hold parents accountable...
Lake Land College.6

Lake Land College Invests Over $63,000 in Grammarly AI Tool to Boost Student and Staff Writing Skills

Lake Land College is making a significant investment in artificial intelligence to support academic success, with the Board of Trustees approving a two-year, $63,750 contract for a campus-wide license for...
Screenshot

Casey Faces Utility Rate Hikes Amidst Inflation and Shrinking Customer Base

Casey residents can expect to see their utility bills rise in the near future as the city grapples with the dual pressures of inflation and a declining population. During a...
Casey illinois library.1.logo graphic

What’s Happening at the Library in August?

Tuesdays, August 5, 12, 19, & 26 - 1pm is BINGO with Renee! It is FREE and no registration is required. ALL are welcome. Thursday, August 7 - At 11am...
Casey Council Meeting.2

Casey Council Approves $33.27 Million Appropriation Plan for FY 2026

The Casey City Council on Monday gave its final approval to a $33.27 million appropriation ordinance for the 2026 fiscal year. The spending plan, which sets the legal limit for...
Cecile Stephens

Cecile Stephens

May 19, 1939 - August 2, 2025 Cecile Stephens, 86, of Belton, South Carolina, passed away peacefully at her home on August 2, 2025, after a brief illness. She was...