Liquid Fuels – Borough of Kennett Square – Chester County – Liquid Fuels Tax Fund for the Period January 1, 2021 to December 31, 2023

The Borough of Kennett Square’s Liquid Fuels Tax Fund audit, conducted for the period of January 1, 2021, to December 31, 2023, by independent auditors, examined forms MS-965 with adjustments. The audit adhered to the American Institute of Certified Public Accountants and Government Auditing Standards and aimed to ensure the fund’s financial reporting complied with criteria set out by the Department of Transportation and Publication 9. The audit found no significant deficiencies or material weaknesses in internal control, nor instances of noncompliance with applicable laws and regulations. The fund allocation is mandated by the Liquid Fuels Tax Municipal Allocation Law and supports local infrastructure. The report concludes without identifying any material misstatements and appreciates the cooperation of the Borough of Kennett Square during the audit process.