Honey Brook Fire Co. #1 Relief Association – Chester County – Audit Period January 1, 2020 to December 31, 2023

A compliance audit of the Honey Brook Fire Co. #1 Relief Association for the period from January 1, 2020, to December 31, 2023, found that the association addressed four out of five issues from the previous audit but failed to resolve an issue regarding undocumented expenditures. The audit aimed to verify compliance with state laws, contracts, and bylaws related to state aid use and fund expenditure. While there was significant compliance in most areas, the association did not fully address the concern of undocumented expenditures from prior years. Additional findings include failure to maintain an accurate equipment roster and issues with jointly held surety bond coverage. The audit emphasized the importance of internal controls and compliance with laws to safeguard assets and ensure proper financial conduct. This is an automated summary. Please rely on the contents included in the released audit report.