Published March 27, 2025
About This Audit
The independent auditor’s report on the Borough of Youngsville’s Liquid Fuels Tax Fund, covering January 1, 2020, to December 31, 2023, was conducted under American Institute of Certified Public Accountants (AICPA) standards. The examination determined that the Borough’s Forms MS-965 With Adjustments were appropriately presented according to criteria in the Department of Transportation’s Publication 9. The auditor confirmed independence and ethical compliance. Internal control deficiencies were not identified, although their existence cannot be completely ruled out. The examination also checked compliance with relevant laws, regulations, contracts, and grants, revealing no instances of noncompliance. The report fulfills the objective to confirm fund utilization adheres to pertinent laws and regulations.