Published September 9, 2025
About This Audit
The Independent Auditor’s Report for the Borough of Chalfont’s Liquid Fuels Tax Fund covers the period from January 1, 2022, to December 31, 2024, and was conducted per attestation standards by the American Institute of Certified Public Accountants. The audit aimed to assess whether the Forms MS-965 With Adjustments accurately reflect the expenditures in alignment with the Pennsylvania Department of Transportation’s criteria. The Liquid Fuels Tax Municipal Allocation Law provides municipal funds for maintaining roads, based on local road mileage and population. Compliance with Act 655 and accurate financial reporting are necessary for receiving funds. The Forms MS-965 details include major and minor equipment purchases, service exchanges with the Department of Transportation, and the annual state allocation based on road mileage and population. The audit concluded that the forms present the required information appropriately, ensuring transparency and accountability for municipal road maintenance funding. This is an automated summary. Please rely on the contents included in the released audit report.