Published February 18, 2025
About This Audit
The independent auditor’s report for the Township of Covington’s Liquid Fuels Tax Fund was conducted for the period from January 1, 2023, to December 31, 2023. This examination aimed to ensure the Form MS-965 With Adjustments is presented correctly based on the Pennsylvania Department of Transportation’s standards and the Liquid Fuels Tax Municipal Allocation Law. The auditors found that the Township complied with the reporting requirements and accounted for fund expenditures, including major and minor equipment purchases as well as agility projects. There were no identified deficiencies or material weaknesses in the internal control systems. Compliance with laws, regulations, and grant agreements was tested, revealing no instances of noncompliance. The audit was performed in accordance with standards by the AICPA and Government Auditing Standards. Overall, the report confirms that the Township’s Liquid Fuels Tax Fund was managed appropriately according to the prevailing criteria and regulations.