Fiscal Health Update

District Receives "No Designation" Status, the Highest Classification Available

District Receives "No Designation" Status, the Highest Classification Available

The Center Moriches School District is pleased to report that its financial classification as designated by the New York State Comptroller's Office has remained the same as in prior years. The district has been classified as "No Designation" for the fiscal year ending in 2022. This is the tenth year that the Comptroller's Office has rated the financial stability of school districts throughout the state.

Various financial indicators are assessed to determine a district's classification for fiscal stress, including fund balance, cash position and operating deficits/surpluses. We are pleased to report our Fiscal Health remains stable and will continue to be monitored throughout the annual budget process.