Published January 27, 2025
About This Audit
An independent audit was conducted on the Township of Eldred’s Liquid Fuels Tax Fund for the period from January 1, 2023, to December 31, 2023. The audit involved an examination of Form MS-965 With Adjustments, which documents fund expenditures and adheres to standards set by the American Institute of Certified Public Accountants and Government Auditing Standards. The auditor found that the form presents information accurately and in accordance with Pennsylvania Department of Transportation criteria. During the audit, no material weaknesses or noncompliance with relevant laws and regulations were identified. The report’s purpose is to ensure that the township’s Liquid Fuels Tax Fund is managed according to applicable laws and DOT regulations. Moreover, it includes details about fund allocations based on the municipality’s road mileage and population. The audit encourages compliance with investment policies and timely resolution of discrepancies, emphasizing governance criteria established in the published standards.