Girard Borough Firemen’s Relief Association of the State of Pennsylvania, Incorporated – Erie County – Audit Period January 1, 2023 to December 31, 2024

The audit of the Girard Borough Firemen’s Relief Association for January 1, 2023, to December 31, 2024, assessed compliance with state laws concerning the management and expenditure of state aid funds. It concluded that the association appropriately addressed previous audit findings and largely complied with relevant laws and procedures, with one exception. The audit identified insufficient surety (fidelity) bond coverage for its disbursing officer, not aligning with the maximum cash balance as required by VFRA Act guidelines. The association’s maximum cash balance occasionally exceeded the $50,000 bond, thus not ensuring adequate safeguarding of funds. It was recommended that the association increase its bond coverage or decrease its maximum cash balance and continue to monitor its financial state more closely. This is an automated summary. Please rely on the contents included in the released audit report.