Published October 6, 2026
About This Audit
The compliance audit for the Borough of Waterford’s Liquid Fuels Tax Fund from January 1, 2025, to December 31, 2025, was conducted to ensure adherence to PennDOT’s Publication 9 supervision over fund receipt, expenditure, and reporting. The audit procedures involved reviewing municipal records through Form MS-965, scrutinizing internal control measures, and verifying expenditures totaling $102,712.37 for compliance. It was concluded that the Borough complied in all significant respects with the applicable criteria. The audit affirmed that the funds were managed in alignment with state requirements, and the municipality was responsible for maintaining effective controls. This is an automated summary. Please rely on the contents included in the released audit report.