Published June 17, 2026
About This Audit
A compliance audit was conducted for the Township of Banks, Indiana County, Pennsylvania, focusing on its Liquid Fuels Tax Fund for the period of January 1, 2024, to December 31, 2024, as required by 75 Pa.C.S. § 9010. The audit aimed to assess whether the township adhered to PennDOT’s Publication 9 criteria regarding the receipt, expenditure, and reporting of Liquid Fuels Tax Funds. Key procedures included reviewing the municipality’s Form MS-965, comparing reported amounts with municipal records, and examining expenditure transactions to ensure compliance. The audit found that the township significantly complied with the relevant criteria during the stated period. The report contained detailed reviews of financial activities, fund allocations, and expenditure guidelines, concluding that the township maintained proper internal controls and financial oversight. This is an automated summary. Please rely on the contents included in the released audit report.