On January 1, 2025 the fund types on the MS-9 will be updated as follows:

  • “Capital Reserve (RSA 34/35)” is now “Taxpayer Funds: Capital Reserve (RSA 34 / RSA 35)”
  • “Expendable Trust (RSA 31:19-a)” is now “Taxpayer Funds: Trust (RSA 31:19-a)”
  • “Trust” is now “Donated Funds: Income-only Trust”
  • “Donated Funds: Expendable Trust” is a new Fund Type option

Additionally, as the MS-9 fund type of "Trust" will no longer be a valid option, all rolled records that have that fund type will be automatically updated to "Donated Funds: Income-only Trust". Because of this, you should review those records to determine if the type needs to be changed.


How to choose an appropriate fund type:

  • For tax-sourced funds, choose either “Capital Reserve (RSA 34 / RSA 35)” or “Trust (RSA 31:19-a).”
  • For donated funds, choose either “Income-only Trust” or “Expendable Trust.” “Expendable Trust” means that the donated fund may spend from the principal. You should choose “Income-only Trust” unless you have documentation that principal can be spent.


Note that these changes will require that updates be made to any spreadsheets or CSV files that you intend to import into the portal, as any records using an older fund type value will cause the import to fail. For a complete list of MS-9 Fund Types and other values, see "Purposes, Types, and Investment Methods".