Hi Jeff,
If the final link to the CSS is in the format: /CMSPages/GetResource.ashx?stylesheetname=CorporateSite then the CSS minification is working as the link would be outputted as /CMSPages/GetCSS.aspx?stylesheetname=CorporateSite if minification was either disabled or not working correctly.
Some information about how minification works could be found in the Documentation:
Using code minification and compression
Minified are only CSS and JS files uploaded by CMS Site Manager, and of course if you will open the JS or CSS file you don't see the minified version because if you will open the file in browser, it's loaded from the original file, the minification is handled on the Kentico (server) side on the page request, it's just the way how the file is delivered to the browser, it doesn't affect the original file so I hope this explains the difference.
For example: the response header with CSS minification turned on for the CorporateSite stylesheet is:
HTTP/1.1 200 OK
Cache-Control: public, must-revalidate
Content-Type: text/css
Content-Encoding: gzip
Expires: Wed, 24 Jul 2013 17:48:29 GMT
Last-Modified: Tue, 11 Sep 2012 10:01:13 GMT
ETag: cssstylesheet|1f2effc8-8c9c-41d5-9105-2e474ab1a0e8
Vary: Accept-Encoding
Server: Microsoft-IIS/7.5
Content-Disposition: attachment; filename=CorporateSite.css
X-AspNet-Version: 4.0.30319
X-Frame-Options: SAMEORIGIN
X-Powered-By: ASP.NET
Date: Wed, 24 Jul 2013 17:48:29 GMT
Content-Length: 21600
while the minification turned off returns:
HTTP/1.1 200 OK
Cache-Control: public, must-revalidate
Content-Type: text/css
Content-Encoding: gzip
Expires: Wed, 24 Jul 2013 17:49:40 GMT
Last-Modified: Tue, 11 Sep 2012 10:01:13 GMT
ETag: cssstylesheet|1f2effc8-8c9c-41d5-9105-2e474ab1a0e8
Vary: Accept-Encoding
Server: Microsoft-IIS/7.5
Content-Disposition: attachment; filename=CorporateSite.css
X-AspNet-Version: 4.0.30319
X-Frame-Options: SAMEORIGIN
X-Powered-By: ASP.NET
Date: Wed, 24 Jul 2013 17:49:40 GMT
Content-Length: 25860
so as you can see, the difference is the returned file size 21.6KB versus 25.86KB.
I suppose that the Google Page Speed is checking the size of physical file and not the one that is delivered directly into the browser via Kentico handler.
Best regards, Martin