Borough of Hydetown – Crawford County – Liquid Fuels Tax Fund for the Period January 1, 2023 to December 31, 2023

The independent auditor’s report for the Borough of Hydetown in Crawford County, Pennsylvania, examines the Liquid Fuels Tax Fund for 2023. Conducted according to standards from the American Institute of Certified Public Accountants and Government Auditing Standards, the audit aims to ensure that Form MS-965 is fairly presented and complies with criteria outlined by the Pennsylvania Department of Transportation. The audit found the form to be in compliance and identified no material weaknesses, though it noted that funds were idle in a noninterest-bearing account. The report highlights the importance of proper fund management and compliance to ensure continued allocation of Liquid Fuels Tax funds, essential for maintaining local infrastructure. It also illustrates the procedures municipalities must follow to qualify for such allocations, emphasizing accurate financial reporting and addressing any issues related to fund management or audit findings. The audit confirms adherence to specified criteria while noting areas for financial improvement.