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To meet the requirements of the Second Class Township Code, the Board of Supervisors appoints an independent certified public accounting firm to make an examination of all the accounts of the Township for the fiscal year that runs from January 1st to December 31st.
Upon completion of the annual audit, the Auditors prepare a report regarding the financial condition of the Township known as the Municipal Annual Audit and Financial Report. This report is submitted annual to the Department of Community and Economic Development (DCED), as required by law.
In addition to the report submitted to DCED, the Auditors prepare the Independent Auditor's Report. This document includes the report on the audit of the financial statements, as well as the response to the audit findings prepared by the Township known as the Management Discussion and Analysis.