Borough of Hookstown – Beaver County – Liquid Fuels Tax Fund for the Period January 1, 2023 to December 31, 2023

The independent auditor examined the Borough of Hookstown’s Liquid Fuels Tax Fund financial reporting, covering the period from January 1, 2023, to December 31, 2023. The audit assessed Form MS-965 With Adjustments per the American Institute of Certified Public Accountants’ and Government Auditing Standards. The auditor’s opinion confirmed that the form was presented accurately according to Pennsylvania Department of Transportation’s guidelines. Despite examining internal controls, no material weaknesses were identified, but the possibility of unidentified weaknesses remains. The audit also reviewed compliance with relevant laws but did not issue opinions on compliance due to the scope’s focus. No instances of noncompliance were noted. The audit ensures compliance with regulations for the use of liquid fuels tax funds by municipalities for road maintenance and repair, as mandated by the Liquid Fuels Tax Municipal Allocation Law. The audit confirmed the proper use of these tax funds in Hookstown.