Published April 1, 2025
About This Audit
The Independent Auditor’s Report examines the Liquid Fuels Tax Fund for the Township of Salford, Montgomery County, from January 1, 2022, to December 31, 2023. The audit, performed according to American Institute of Certified Public Accountants standards and Government Auditing Standards, assessed the Forms MS-965 with Adjustments. The audit aimed to ensure that these forms were presented in compliance with the set criteria by the Pennsylvania Department of Transportation. No material weaknesses or noncompliance issues were identified during the audit, but it’s emphasized that limitations of the audit imply that undetected issues might still exist. The audit’s purpose was to confirm proper fund usage according to legal regulations for road maintenance. The audit report details compliance requirements for receiving these funds, such as completing annual reports and resolving any financial discrepancies timely. The findings from this examination indicate that the Forms MS-965 with Adjustments met the required standards.