Borough of Midland – Beaver County – Liquid Fuels Tax Fund for the Period January 1, 2023 to December 31, 2023

The independent auditor conducted an examination of the Liquid Fuels Tax Fund for the Borough of Midland, Beaver County, Pennsylvania, covering January 1, 2023, to December 31, 2023. The audit adhered to the standards of the American Institute of Certified Public Accountants and Government Auditing Standards. The goal was to assess whether Form MS-965 With Adjustments accurately reflected the borough’s financial activities concerning the Liquid Fuels Tax Fund, based on criteria noted in the report and Department of Transportation’s Publication 9. The audit found no material weaknesses in internal controls or instances of noncompliance with laws and regulations. However, a recurring finding of late receipt of allocations was noted. The report emphasized that the examination’s purpose was limited to evaluating the compliance and financial presentation of the fund, not expressing broader opinions on controls or compliance. The cooperation of the Borough of Midland during the examination was appreciated.