Published February 13, 2025
About This Audit
The independent auditor’s report on the Borough of Lake City’s Liquid Fuels Tax Fund for 2023 confirms that Form MS-965 with Adjustments is presented according to Pennsylvania Department of Transportation criteria. The examination adhered to standards issued by the American Institute of Certified Public Accountants and Government Auditing Standards by the Comptroller General. No material weaknesses or significant deficiencies in internal control were identified. The report ensures no misstatements or instances of noncompliance affecting Form MS-965, which details how liquid fuels tax funds—allocated based on local road mileage and population—should be managed. The Department of Transportation administrates these funds, and to qualify for allocations, municipalities must submit specific reports and resolve any issues related to compliance and audits. The auditor did not express an opinion on internal control over reporting or compliance, as it was beyond the engagement’s purpose.