Published February 13, 2025
About This Audit
An independent audit was conducted on the Liquid Fuels Tax Fund of the Township of Lower Providence, Montgomery County, Pennsylvania, covering January 1, 2022, to December 31, 2023. The audit, conducted under standards set by the American Institute of Certified Public Accountants and Government Auditing Standards, evaluated the municipality’s compliance with relevant laws and regulations, specifically focusing on the accuracy of Forms MS-965. The findings indicated the forms accurately represent the fund’s status, with no material misstatements, significant deficiencies, or noncompliance issues identified. The Liquid Fuels Tax Fund supports municipal road and bridge maintenance with allocations based on local road mileage and population. The audit ensures these funds are utilized per legal requirements. In conclusion, the audit affirmed that the financial reporting of the Township of Lower Providence was in compliance with the required standards.