Published September 18, 2026
About This Audit
A compliance audit was conducted on Abbott Township, Potter County’s Liquid Fuels Tax Fund from January 1, 2023, to December 31, 2024. This audit aimed to assess the township’s adherence to regulations surrounding the receipt, use, and reporting of tax funds established by PennDOT’s Publication 9. Auditors examined the municipality’s financial handling through testing expenditures, reviewing internal controls, and ensuring proper fund deposit practices. Notably, misstatements were found on the Forms MS-965, leading to suggested, management-approved adjustments. Despite some noncompliance issues, including fund transfers, improper expenditures, and late allocation receipts, the township mostly adhered to criteria set forth in relevant regulations, thus upholding the necessary standards in all significant respects. This is an automated summary. Please rely on the contents included in the released audit report.