Borough of Picture Rocks – Lycoming County – Liquid Fuels Tax Fund for the Period January 1, 2023 to December 31, 2023

The independent auditor’s report evaluates the Liquid Fuels Tax Fund of the Borough of Picture Rocks, Lycoming County, for the year 2023. Management is responsible for presenting Form MS-965, which the auditors reviewed according to standards set by the American Institute of Certified Public Accountants and Government Auditing Standards. Their examination aimed to ensure the form’s alignment with Pennsylvania Department of Transportation criteria, in which the auditors found the form to be accurate and compliant. The report also includes an assessment of internal controls but identified no material weaknesses. The examination ensures funds are used per legal requirements, with the proceeds allocated for roadway maintenance in accordance with Act 655 of 1956. The auditor general noted that the report is solely for the purpose of ensuring compliance with fund usage regulations and cannot be applied otherwise. There were no notable deficiencies in internal controls or significant compliance issues found in the audit.