Mahoning Township Union Employees Retirement Plan – Lawrence County – Reduced Period Engagement – Period Ended December 31, 2024

The compliance audit of the Mahoning Township Union Employees Retirement Plan was conducted per the Municipal Pension Plan Funding Standard and Recovery Act (Act 205). The audit aimed to determine if township officials addressed previous findings and checked compliance with applicable laws and regulations regarding the pension plan for a period ending December 31, 2024. While most aspects were compliant, incorrect data on Certification Form AG 385 led to a $990 overpayment of state aid, which the township used to cover minimum municipal obligations. Officials are advised to reimburse the overpayment with interest and improve internal controls to prevent future inaccuracies. Township officials’ compliance efforts included having procedures ready for future procurement of professional services, though no service provider changes were made during the audit period. Recommendations have been made to ensure continued compliance and accuracy in future audits. This is an automated summary. Please rely on the contents included in the released audit report.