Published August 20, 2026
About This Audit
The compliance audit of Sugarloaf Township’s Liquid Fuels Tax Fund, covering January 1, 2022, to December 31, 2025, aimed to review adherence to state criteria for fund management and reporting. Procedures included reviewing municipal records, expenditure testing, and ensuring proper fund allocation and deposit timing. The audit identified several issues: incomplete documentation for expenditures, noncompliance with advertising and bidding procedures, and improper fund transfers. Adjustments were proposed to correct misstatements on the Forms MS-965, which were approved by township management. The Township was found to largely comply with the relevant criteria. However, recurring issues like the lack of documentation and late financial transactions present areas needing improvement. This is an automated summary. Please rely on the contents included in the released audit report.