Published March 11, 2025
About This Audit
The independent auditor’s report for the Township of Rayne’s Liquid Fuels Tax Fund covers the period from January 1, 2023, to December 31, 2023. Conducted by standards set by the American Institute of Certified Public Accountants and Government Auditing Standards, the audit evaluates the Form MS-965 With Adjustments. The township management is responsible for preparing the Form in line with criteria outlined in the Background section and the Department of Transportation’s Publication 9. The auditor provides a reasonable assurance that the financial data is accurate and appropriately manages Liquid Fuels Tax allocations used for infrastructure maintenance. The audit found no material weaknesses or significant control deficiencies, nor any incidents of noncompliance with laws and regulations related to the fund. The report aims to ensure proper fund utilization per legal requirements and provides recommendations for corrective actions if necessary.