School District Bonds and BANs (Bond Anticipation Notes) – FAQs
Welcome to the ST-3 FAQ page for Bonds and BANs. The links below will explain some of the differences between Bonds and BANs, guidance of where to record the issuance and payments of each in common scenarios, and what edits are connected to the Bonds and BANs reported on the ST-3.
ST-3 Bonds Reporting FAQ
ST-3 BANs Reporting FAQ
Please Note: While State Aid provides and references guidance such as this FAQ, Statutes and Regulations, it is up to the district to interpret any guidance provided with the assistance of the district's representatives, experts, counsel, other appropriate SED offices, etc.
Last Updated:
September 17, 2025