Fleetwood Borough Non-Uniformed Pension Plan – Berks County – Reduced Period Engagement – Period Ended December 31, 2025

A compliance audit was carried out on the Fleetwood Borough Non-Uniformed Pension Plan, as per the Municipal Pension Plan Funding Standard and Recovery Act (Act 205), which necessitates audits for municipalities receiving state pension aid. Conducted without adherence to the Government Auditing Standards, the audit aimed to ensure the pension plan’s administration complied with state laws, regulations, contracts, procedures, and policies. The audit covered January 1, 2025, to December 31, 2025, examining state aid deposits, employer contributions, and actuarial valuation reports. It confirmed compliance with legal and regulatory requirements. Fleetwood Borough’s internal controls were found effective for ensuring compliance. The audit concluded that the pension plan was managed within the required laws, regulations, and policies, ensuring financial strength evidenced by a high funded ratio. The report was discussed with Fleetwood Borough officials, and their cooperation was acknowledged. This is an automated summary. Please rely on the contents included in the released audit report.