Published August 17, 2026
About This Audit
A compliance audit of the Borough of Exeter’s Liquid Fuels Tax Fund for 2024 was conducted to review adherence to regulations covering fund receipt, expenditure, and reporting as per Pennsylvania’s laws and PennDOT’s guidelines. Key audit procedures involved reviewing Form MS-965, evaluating internal controls, and testing expenditures, during which some misstatements were corrected. The borough generally complied with requirements but had issues such as failure to obtain project approval, non-permissible expenditure, and delayed allocation receipt. These findings were discussed with municipal officials, who also approved suggested adjustments. This is an automated summary. Please rely on the contents included in the released audit report.