BEFORE YOU RUN TRANSFER TO NEXT SCHOOL YEAR
If you have a campus that is closing you need to set the school closure date
Go to Setup, School, School Configuration and edit the Configuration section:
Select the Closed After option and enter the date.
Now you will need to set all the students as This year only status using the Assign all of a field option from:
Menu, Student tools, Utilities, Assign all of a field
This will need to be run 2 times -- One to set the Student Status to This year only and the 2nd to Set the Retirement Date.
Now you can run the Initialize Next year from Scheduling Next year, Prepare for next year.
Once that is completed you can then run the transfer to next year process.
This removes them from the list of campuses from the dashboard.