Published March 27, 2025
About This Audit
The independent auditor’s report for the Township of Muncy, Lycoming County, PA, evaluates the Liquid Fuels Tax Fund for the year 2023. The audit was conducted per the standards of the American Institute of Certified Public Accountants and Government Auditing Standards. The township is responsible for presenting Form MS-965 according to specified criteria, with the auditor expressing an opinion on its accuracy. The audit revealed the township exceeded approved expenses by $3,976 for a construction project in 2023 and $1,988 for another in 2022. The latter amount was reimbursed by February 2024. The report affirms that, apart from the mentioned exceptions, the Form MS-965 complies materially with required standards. The audit did not identify any material weaknesses in internal control but noted recurring discrepancies in project over-expenditures. Overall, the report ensures that liquid fuels tax funds are utilized according to legal and regulatory standards.