Long Island school district reserve funds 2024-25
An empty classroom at Walnut Street Elementary School in Uniondale. Credit: Howard Schnapp
Cash reserves held by Long Island school districts climbed to nearly $3.64 billion during the 2024-25 academic year — up 12% from last year, Newsday found in a review of state financial records.
About a fifth of those reserves, or $785 million, were "unrestricted" funds — that is, money that can be spent at districts’ discretion. State law bars districts from stockpiling these funds beyond an amount equivalent to 4% of their annual operating budgets.
But Newsday found that 19 Island districts had accumulated unrestricted cash surpluses above the state’s legal limit — the same number of systems as last year.
Search the database below for reserve fund information by district.
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