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PA Department of the Auditor General

Published January 29, 2025

About This Audit

The independent audit examined the Borough of Franklintown’s Liquid Fuels Tax Fund’s Forms MS-965 With Adjustments for January 1, 2022, to December 31, 2023. The audit was conducted according to attestation standards by the American Institute of Certified Public Accountants and Government Auditing Standards. The audit found that the Forms MS-965 adequately reflect the required information per Pennsylvania Department of Transportation regulations. No material weaknesses in internal controls or noncompliance were identified, although limitations mean some could exist undetected. The Liquid Fuels Tax is allocated annually based on road mileage and population, supporting municipal road maintenance. Overall, the audit confirmed funds were utilized as per legislation.

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Pennsylvania Department
of the Auditor General