Published March 10, 2025
About This Audit
The independent auditor’s report for the Liquid Fuels Tax Fund of the Borough of Jamestown, Mercer County, Pennsylvania, evaluates financial data from January 1, 2022, to December 31, 2023. The audit reviews Forms MS-965 With Adjustments, ensuring they comply with criteria from the Pennsylvania Department of Transportation’s Publication 9. Conducted per attestation standards by the American Institute of Certified Public Accountants and Government Auditing Standards, the audit aims to confirm whether financial statements align with legal requirements. No significant deficiencies or compliance issues were identified that affect the validity of the Forms MS-965. The examination does not extend to internal control opinions or broader compliance aspects. The audit also clarifies the allocation and usage rules for the Liquid Fuels Tax Fund, designated for maintenance and repair of streets and roads, under Act 655, emphasizing adherence to specifications for fund management. The report confirms that Jamestown Borough adhered to legal and regulatory standards, ensuring the integrity of the fund