Published February 20, 2025
About This Audit
The Independent Auditor’s Report for the Borough of East Prospect’s Liquid Fuels Tax Fund covers the period from January 1, 2022, to December 31, 2023. The audit examined Forms MS-965 With Adjustments, which are reports required by the Pennsylvania Department of Transportation to ensure compliance with the state’s motor vehicle regulations. The audit concluded that the forms are presented accurately and in accordance with the required criteria. No significant deficiencies or material weaknesses in internal control were identified. Additionally, no instances of noncompliance with relevant laws and regulations were discovered. The report also notes that the engagement was conducted according to the standards set by the American Institute of Certified Public Accountants and the Government Auditing Standards. Overall, the report serves to confirm the Borough’s compliance with the regulations governing the use of the Liquid Fuels Tax Fund.