Published March 25, 2025
About This Audit
An independent auditor examined the Form MS-965 With Adjustments for the Township of Pine’s Liquid Fuels Tax Fund for 2023. The aim was to verify if the report complied with the Department of Transportation criteria and relevant standards set by the American Institute of CPAs and Government Auditing Standards. The auditor found no material misstatements or significant issues with internal controls. The Liquid Fuels Tax Fund is allocated under Act 655 of 1956 for maintaining streets, roads, and bridges, with distributions based on road mileage and population. Municipalities must comply with various reporting and regulatory requirements to qualify for these funds. The report confirmed that the Township of Pine’s financial documents were in order, reflecting compliance with applicable laws. The auditor expressed satisfaction with the accuracy of the financial representation provided through Form MS-965, ensuring adherence to the required criteria. Despite limitations, no material weaknesses were identified.