Published June 5, 2025
About This Audit
The report examines the Forms MS-965 with adjustments for Telford Borough’s Liquid Fuels Tax Fund between January 1, 2022, and December 31, 2023. The independent auditor assessed compliance with standards set by the American Institute of Certified Public Accountants and Government Auditing Standards, ensuring the forms align with Department of Transportation criteria. The audit found no significant deficiencies in internal control or material noncompliance with laws. The Liquid Fuels Tax Municipal Allocation Law administers funds for local road maintenance, based on road mileage and population proportions. Each municipality must adhere to specific reporting and financial management protocols to avoid funding discrepancies. The report, exclusively for this evaluation purpose, notes that Telford Borough cooperated fully during the audit, with no major compliance issues found.