Published March 27, 2025
About This Audit
The Independent Auditor’s Report for the Borough of Stoneboro, concerning its Liquid Fuels Tax Fund usage from January 1, 2022, to December 31, 2023, has been conducted by the Department of Transportation. This examination aimed to assess whether Forms MS-965, which document the fund’s expenditures, were accurately presented under set guidelines from the Department and Government Auditing Standards. No material misstatements, significant internal control weaknesses, or incidents of noncompliance were identified. The audit determines that Stoneboro’s fund handling aligns with the state’s requirements, without significant discrepancies. The audit confirms responsible stewardship of the Liquid Fuels Tax Fund by Borough officials in conformance with legal criteria.