Published February 10, 2025
About This Audit
The independent audit report for the Borough of Hollidaysburg, Blair County, Pennsylvania, examines the Liquid Fuels Tax Fund for the period from January 1, 2022, to December 31, 2023. Conducted in accordance with standards set by the American Institute of Certified Public Accountants and Government Auditing Standards, the audit aimed to determine whether the Forms MS-965, reporting the fund’s financial management, were correctly presented. The audit concluded that the forms were in compliance with the Pennsylvania Department of Transportation’s requirements and reported no material weaknesses or significant deficiencies in internal control. The municipality’s fund management complies with relevant laws regarding liquid fuels tax allocations, which support road maintenance, as stipulated in Act 655 of 1956. The audit did not express an opinion on compliance regarding specific laws but noted no noncompliance under its scope. The report was rendered solely to assess the fund’s compliance with prescribed regulations.