As the staff and the funds of the school continued to dwindle, the school issued a letter of closure to students and faculty in March 2000. The letter stated that the school couldn't continue to provide the quality education they had aimed for due to financial troubles, and that no contracts (staff or students) would be renewed for the 2000-2001 school year. Several meetings with students and parents followed, with several seniors making passionate arguments for the continuation of the school. A pledge drive was proposed but not executed, and in May 2000 the school held its final graduation ceremony. The Vestry of Christ Church in September 2000 issued a document describing the final circumstances of Canterbury's closing.