Valley Township Non-Uniformed Pension Plan – Montour County – Audit Period January 1, 2020 to December 31, 2023

The compliance audit of the Valley Township Non-Uniformed Pension Plan, covering the period from January 1, 2020, to December 31, 2023, was conducted under the authority of the Municipal Pension Plan Funding Standard and Recovery Act. The audit’s objectives included assessing corrective action taken on prior report findings and compliance with state laws and regulations. The audit found that Valley Township was generally compliant with these requirements but identified a discrepancy where the township received state aid in excess of its entitlement by $347 for the year 2023. The excess aid remained in the general fund, and it was recommended that the amount be returned to the Commonwealth of Pennsylvania with appropriate interest. Township officials were commended for their cooperation during the audit process.