Published February 12, 2025
About This Audit
The Independent Auditor’s Report for the Borough of Jersey Shore, Lycoming County, regarding the Liquid Fuels Tax Fund for 2023, involved an examination of Form MS-965 With Adjustments. This examination ensured compliance with the criteria set by the Pennsylvania Department of Transportation and American Institute of Certified Public Accountants standards. The auditor expressed confidence that the form accurately represents the required information. While no material weaknesses or significant deficiencies in internal control were identified, nor instances of noncompliance found, the report was not designed to express opinions on internal control or compliance. The purpose was to ensure funds were used in accordance with stipulated laws and regulations. The report also outlines the requirements for municipalities to qualify for annual allocations, including submission of specific forms and compliance with financial regulations. The report suggests appropriate fund management and compliance practices are in place for the municipality.