This guidance is intended to provide districts and business officials with the background of the changes to the building reserve fund including the addition of the state major maintenance aid, an overview of the fund as defined in law, and accounting guidance for districts. These changes resulted from SB 307 of the 2017 Regular Session. This bill also split the building reserve fund (Fund 61) into four subfunds. The state major maintenance aid account includes state aid funding captured through general fund (when appropriated) and interest from coal trust funds. In addition, districts can permissively levy for the purposes of major maintenance. CLICK HERE