Published March 10, 2025
About This Audit
The Independent Auditor’s Report for the Borough of Economy, Beaver County, Pennsylvania, covers the Liquid Fuels Tax Fund for the period from January 1, 2023, to December 31, 2023. The audit follows standards set by the American Institute of Certified Public Accountants and Government Auditing Standards. The auditors express an opinion on Form MS-965 With Adjustments, stating that it meets the criteria established by the Pennsylvania Department of Transportation and Publication 9. No material weaknesses in internal control, significant deficiencies, or noncompliance issues were identified during the audit. The purpose of the report is to assess whether the fund money was used according to relevant laws and regulations. The Liquid Fuels Tax Fund provides municipalities with allocations based on road mileage and population for road maintenance and repair. This review ensures transparency and accountability in fund usage.