Published April 8, 2025
About This Audit
The Independent Auditor’s Report for the Borough of Sharpsville’s Liquid Fuels Tax Fund examines the Form MS-965 with Adjustments for 2023, providing reasonable assurance that the form is presented in adherence to criteria set by the Pennsylvania Department of Transportation. The report aligns with established auditing standards and did not identify any material weaknesses in internal control or instances of noncompliance affecting the form. However, it notes its purpose is not to express an opinion on internal control or compliance itself. The report underscores that the Liquid Fuels Tax is allocated to municipalities like Sharpsville for road maintenance, based on local road mileage and population. It highlights a requirement for municipalities to manage these funds meticulously, adhering to regulation and reporting standards, while maintaining financial clarity and compliance with the Department of Transportation’s policies. The auditor considered the ethical responsibilities and remained independent during the engagement.