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

In July 2026, a compliance audit was conducted on the Towanda Borough Non-Uniformed Pension Plan in Bradford County, Pennsylvania, under Act 205 of 1984. The audit aimed to assess compliance with state laws, regulations, contracts, administrative procedures, and local policies. It focused on verifying state aid and employer contributions from January 1 to December 31, 2025, as well as retirement benefits disbursed during this period. The audit found that while the pension plan generally complied with requirements, there was an incorrect data entry on Certification Form AG 385, leading to a $21,596 overpayment of state aid. Borough officials agreed with the findings and were advised to return the excess amount with interest to the Commonwealth and improve internal controls to prevent future errors. This overpayment could potentially lead to a withholding of future state aid. The audit’s results were discussed with Towanda Borough officials, with their responses included in the report. This is an automated summary. Please rely on the contents included in the released audit report.