Published February 21, 2025
About This Audit
The independent auditor’s report for the Borough of North East’s Liquid Fuels Tax Fund covers the fiscal year ending December 31, 2023. It examines Form MS-965 with Adjustments to determine compliance with Pennsylvania Department of Transportation’s regulations. The auditor’s responsibility is to express a qualified opinion on this financial form. The audit was conducted according to standards by the American Institute of Certified Public Accountants and Government Auditing Standards, requiring a thorough examination for material misstatements due to fraud or error. The audit identified a past unrectified transfer of $102,279.17 from the Liquid Fuels Tax Fund to the General Fund, which was not reimbursed. Despite this issue, the Form MS-965 meets the necessary presentation criteria. The report emphasized that no material weaknesses were identified during this examination, but some may exist. The audit confirmed no noncompliance affecting Form MS-965 materially. This specific audit was solely for the purpose of ensuring funds are used per regulatory requirements.