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

The report examines the Liquid Fuels Tax Fund of the Borough of Newry, Blair County, Pennsylvania, covering the period January 1, 2023, to December 31, 2023. The independent audit aimed to verify the presentation of the Form MS-965 With Adjustments in adherence to Pennsylvania Department of Transportation’s criteria. Conducted under the American Institute of Certified Public Accountants and Government Auditing Standards, the audit found that the form presents the fund’s financial activities accurately. The auditors did not identify any significant deficiencies or material weaknesses in internal controls. The Liquid Fuels Tax Fund, as per Act 655, allocates funds based on local road mileage and population, which municipalities must use for road maintenance and repair. Compliance with regulations such as the timely submission of specific reports and resolving discrepancies is essential for continued funding. The opinion did not extend to internal controls beyond verifying the accuracy of financial reporting.