Orange County NC Website
28 <br /> Slide #6 <br /> Payment Timetable <br /> JF3 wear P4pyrrient Lt,Qrpnoa rJuring 2022-2433@L: <br /> $G,799,780 <br /> Payments Oyar TIM12-Ormnoa <br /> Pay,m&nr TahlQ-Orange <br /> 2025 s—, <br /> 2027 r <br /> 2e14 See. <br /> 2012 <br /> 363h Lrrmar <br /> 2413 <br /> 205, 5-r <br /> 2 <br /> 3 <br /> 4 Slide #7 <br /> NC Memorandum of Agreement ( MOA) <br /> The MCIA governs the allocation, U-;L--r and reporting of certain opioid settlement funds In <br /> North Carolina. <br /> To comply with the MDA,a local government receiving oploid settlement funds must do <br /> he following; <br /> • A. Establish a fund. A local government recei opioid settlement funds must secure them in a <br /> special revenue tund.These funds are subjecttoand cannot be commingled with other <br /> funds. <br /> • B.Authorize spendj'mnj. Before spending o laid settlement funds, a local government must <br /> authorize the e" re of such funds Wls must take place through a formal bud it or <br /> resolution that I certain details including the amount time period,and specric strategy <br /> funded. <br /> • C. Understand and fbillowIle ovyffes a7 7 iops. A local government must spend opioid settlement funds <br /> _0 <br /> u <br /> on oplow rem edlatlon acti rized under Option A or Option 8 as detailed In the MOA. <br /> mending and Impact, A local government that re c Ives,spends,or holds oplolid <br /> runds curing a fiscal year mutt file an annual financial report within go days of the end <br /> of the fiscal year. (This report is required if funds are received or held, even if they are not spent) <br /> A local government that spends opliold settlement funds during a f Iscal year must file an annual <br /> impact report within 90 days of the end of the fiscal year. <br /> • E. Hold annual Lmtlng,The MCA requires that each county receiving opioid settlement funds <br /> hold at least one <br /> annus I meeting open to the public,with all mu nicl palities In the county Invited to <br /> the meeting, The purpose of the meeting is to receive Input from mu nicl f allitlies on proposed uses <br /> of the opioid settlement funds a nd to encourage collaboration between oca I governments. <br /> https://ncdoi.Roy/wp-content/uploads/20-22/03/NCACC-web-version-Final-0pioid-MOL,.[ <br /> 5 <br /> 6 <br /> 7 <br />