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

Trump says U.S. won't survive without tariffs, businesses say they won't survive with them

Trump says U.S. won’t survive without tariffs, businesses say they won’t survive with them

By Brett RowlandThe Center Square People on both sides of a legal challenge to President Donald Trump's tariff authority warn that survival is on the line in the high-profile case...
Nonprofit in tariff challenge case hits back at Trump

Nonprofit in tariff challenge case hits back at Trump

By Brett RowlandThe Center Square A nonprofit group challenging President Donald Trump's tariff authority in front of the U.S. Supreme Court said Thursday that Trump's criticism of the group was...
Hanover Park, Illinois, police officer arrested by immigration enforcement

Hanover Park, Illinois, police officer arrested by immigration enforcement

By Greg BishopThe Center Square A Hanover Park, Illinois, police officer has been detained by U.S. Immigration and Customs Enforcement for being in the country illegally. As part of a...
Florida sues California, Washington for licensing immigrants

Florida sues California, Washington for licensing immigrants

By David BeasleyThe Center Square The state of Florida has filed a complaint with the U.S. Supreme Court against the states of California and Washington, sayinga damage has been caused...
DOJ brings first ever Antifa terrorism charges in Texas ICE attack

DOJ brings first ever Antifa terrorism charges in Texas ICE attack

By Sarah Roderick-FitchThe Center Square Following the designation of Antifa by President Donald Trump as a domestic terror organization, the FBI announced that terrorism charges have been brought against suspects...
Many agree with McMahon that government shutdown proves DoEd is unnecessary

Many agree with McMahon that government shutdown proves DoEd is unnecessary

By Tate MillerThe Center Square U.S. Secretary of Education Linda McMahon’s statement that the now more than two-week long government shutdown reveals the U.S. Department of Education is unnecessary –...
Colorado aids federal workers as shutdown hits week three

Colorado aids federal workers as shutdown hits week three

By Elyse ApelThe Center Square Colorado is taking steps to assist its over 50,000 federal employees as the government shutdown enters its third week. While not all of those employees...
Democrats tank bipartisan bill to fund DOD in midst of government shutdown

Democrats tank bipartisan bill to fund DOD in midst of government shutdown

By Thérèse BoudreauxThe Center Square In an act of defiance, Democratic senators blocked the House-passed full-year funding bill for the Department of Defense from advancing Thursday. The procedural vote on...
U.S. Chamber of Commerce sues Trump over H-1B visa fee

U.S. Chamber of Commerce sues Trump over H-1B visa fee

By Andrew RiceThe Center Square The U.S. Chamber of Commerce, one of the world's largest business federations, filed a lawsuit against the Trump administration on Thursday over its proposed $100,000...
Senate Republicans offer govt funding olive branch; Democrats refuse it

Senate Republicans offer govt funding olive branch; Democrats refuse it

By Thérèse BoudreauxThe Center Square Senate Democrats blocked Republicans’ bill to reopen the government for the tenth time Thursday – even after Republican leaders agreed to hold a vote on...
Trump, Putin agree to meet in Hungary to discuss peace

Trump, Putin agree to meet in Hungary to discuss peace

By Sarah Roderick-FitchThe Center Square Following a “lengthy” phone call between President Donald Trump and Russian President Vladimir Putin, the two have agreed to meet to try to end the...

WATCH: Pritzker says he’s lucky winning $1.4M gambling; GOP say he’s out of touch

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Illinois Gov. J.B. Pritzker says he’s a lucky man after reporting $1.4 million in gambling winnings from...
Report: Sharp decline in trans-identifying youth between 2023 and 2025

Report: Sharp decline in trans-identifying youth between 2023 and 2025

By Tate MillerThe Center Square A sharp decline in Gen Z Americans identifying as transgender and queer has occurred, from 6.8% identifying as a gender other than male or female...
Judge blocks USDA from demanding SNAP info from Illinois, other states

Judge blocks USDA from demanding SNAP info from Illinois, other states

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Illinois leads a 21-state coalition blocking the U.S. Department of Agriculture from demanding sensitive Supplemental Nutrition...
KaylaClark

Clark Secures Fourth Career All-Conference Honor at LIC Meet

Featured photo caption: Casey-Westfield senior Kayla Clark runs at the LaVern Gibson course during Tuesday's LIC Championship meet. Her 8th-place finish secured her fourth consecutive selection to the Little Illini...