Published March 16, 2026
About This Audit
The audit examined the Borough of Tidioute’s Liquid Fuels Tax Fund for the period January 1, 2024, to December 31, 2024. The audit reviewed Form MS-965 with Adjustments, ensuring compliance with the Pennsylvania Department of Transportation’s criteria. The audit, conducted under American Institute of Certified Public Accountants standards, confirmed the fund’s accurate presentation. The Liquid Fuels Tax Fund, governed by Act 655, provides municipalities funds for road upkeep, allocated by population and road mileage. Requirements include submitting annual reports, complying with regulations, and resolving audit discrepancies. The audit’s purpose is to aid the Pennsylvania Department of Transportation in its regulatory role. The Liquid Fuels Tax Fund’s operations and fund balance, reported within Form MS-965, reflect a specific segment of financial activities focused on municipal road and bridge projects using state aid revenues. This is an automated summary. Please rely on the contents included in the released audit report.