Published March 10, 2025
About This Audit
The independent auditor’s report examines the Forms MS-965 With Adjustments for the Township of Frailey’s Liquid Fuels Tax Fund from January 1, 2020, to December 31, 2023. The audit follows standards from the American Institute of Certified Public Accountants and Government Auditing Standards, assessing the forms for material accuracy. The audit found no material weaknesses in internal controls or noncompliance with applicable laws affecting the forms. However, the audit did not aim to assess internal control quality or legal compliance beyond this scope. The report ascertains that the funds are allocated according to Pennsylvania’s Liquid Fuels Tax Municipal Allocation Law for municipal road maintenance, highlighting key procedures and standards outlined in Department of Transportation Publication 9. Lastly, the report emphasizes the importance of funds being spent as legislated, concluding with appreciation for the township’s cooperation during the audit process.