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School districts often present accountability results in a format that mimics a student report card (A-F) in that it assigns discrete grades. These grades, however, are built from complex, continuous formulas. This paper utilizes a regression discontinuity design to examine the causal effect of receiving a new, categorical, “non-grade” rating in New York City elementary/middle schools and finds evidence that receiving a low rating causes increases on English and Math scores relative to higher rated schools.