Norriton Fire Engine Company Relief Association – Montgomery County – Audit Period January 1, 2020 to December 31, 2023

A compliance audit of the Norriton Fire Engine Company Relief Association, covering January 1, 2020, to December 31, 2023, assessed adherence to state laws, administrative procedures, and corrective actions from a prior audit. Despite attempts, the audit could not independently verify parts of the cash and investment balances but noted a cash balance of $329,964 and an investment balance of $368,188 as of December 31, 2023. The audit found noncompliance with previous recommendations and identified several issues, such as undocumented and unauthorized expenditures, inadequate financial controls, and inappropriate ownership of a rescue vehicle. It was recommended to implement corrective measures to avoid potential withholding of state aid. Observations on exceeding FDIC coverage limits were also made, reflecting deficiencies that require timely attention. The report underscores the association’s responsibility to maintain proper financial practices and comply with legal and procedural requirements.