Published February 18, 2025
About This Audit
The Independent Auditor’s Report for the Borough of Coaldale’s Liquid Fuels Tax Fund, covering January 1, 2023, to December 31, 2023, confirms that the Form MS-965 With Adjustments meets the Pennsylvania Department of Transportation’s requirements. Conducted in accordance with attestation standards, the examination aimed at reasonable assurance found no deficiencies or material noncompliance with laws or regulations. The borough received an annual allocation from the state’s Motor License Fund to support road maintenance which is contingent upon proper fund management and reporting compliance with state provisions. The auditors highlighted the criteria for expenditures under Form MS-965 With Adjustments and confirmed all internal controls, though limited, were evaluated without identifying significant deficiencies. The report concludes with an emphasis on ensuring adherence to PennDOT’s guidelines and regulatory requirements, crucial for continued receipt of fund allocations. The audit did not identify any compliance issues requiring attention, underscoring the fund’s appropriate administration.