Published April 8, 2025
About This Audit
The independent auditor’s report examines the Form MS-965 With Adjustments for the Borough of Milesburg’s Liquid Fuels Tax Fund for the period from January 1, 2023, to December 31, 2023. The primary responsibility of the municipal management is to present the form correctly according to specified criteria, while the auditor evaluates it for accuracy. The audit was conducted following professional attestation standards and government auditing standards, ensuring adherence to ethical requirements. While no material weaknesses in internal control were identified during the examination, the absence of a comprehensive opinion on compliance with laws and regulations was noted, although no issues were observed. The report’s purpose is to confirm proper spending of the Liquid Fuels Tax Fund per applicable laws and regulations. This fund allocation is based on local road mileage and population, supporting the maintenance of roads and bridges. If discrepancies occur, municipalities risk losing allocation until resolved.