Published September 15, 2025
About This Audit
The report presents an independent audit of the Borough of Tarentum’s Liquid Fuels Tax Fund for the period January 1, 2022, to December 31, 2023. Auditors examined the Forms MS-965 With Adjustments to ensure compliance with Pennsylvania Department of Transportation’s criteria, noting that funds are allocated to municipalities for road maintenance based on road mileage and population. The audit identified a lender overcharge issue, where the Commonwealth of Pennsylvania deductively overpaid for a previously settled loan, resulting in significant financial discrepancies for 2023 and October 2024. This finding highlights a material weakness in internal controls. Although the audit confirms compliance with the necessary laws and standards, except for the adjustments mentioned, it also points out the need for improved internal control measures to prevent similar errors in the future. Overall, the report conveys the importance of proper financial oversight and adherence to established procedures. This is an automated summary. Please rely on the contents included in the released audit report.