Borough of Fairchance – Fayette County – Liquid Fuels Tax Fund for the Period January 1, 2023 to December 31, 2023

The Independent Auditor’s Report for the Borough of Fairchance in Fayette County, Pennsylvania, examined the Form MS-965 With Adjustments for the Liquid Fuels Tax Fund for 2023. The municipality’s management is responsible for presenting this form based on criteria from the Pennsylvania Department of Transportation’s Publication 9. The auditor’s task was to express an opinion on the accuracy of the form. The examination was conducted following the standards by the American Institute of Certified Public Accountants and Government Auditing Standards. No material weaknesses in internal control or significant compliance issues were identified during the examination. The report also outlines the allocation and usage procedures for the Liquid Fuels Tax Fund, governed by Pennsylvania’s Liquid Fuels Tax Municipal Allocation Law, Act 655 of 1956. This ensures that funds are used specifically for maintaining and repairing streets, roads, and bridges under municipal responsibility. The report concludes that the Form MS-965 With Adjustments was presented accurately and met all criteria.