Orange County NC Website
Browse       Search
28 <br /> Slide #6 <br /> Payment Timetable <br /> I r:5 YL-ar P;Vrrirn It Lo Orm"Wo dUring ZDk!, . .i.:U; <br /> $G,7 99r 760 <br /> Paymmnts OymrTimm-OrenUQ <br /> �29 <br /> Payn)ar}c Tabla-ormnom <br /> 242: 5- ....... <br /> 2421 5- <br /> Slide #7 <br /> NC Memorandum of Agreement ( MA) <br /> * The M OA governs the allocation, use, and reporting of certain opioid setti-ernent funds in <br /> North Carolina. <br /> - To comply w Ith the MCA, a local government receiving oplold settlement fu nd s mast do <br /> the following: <br /> • A. Establish a fund. A local government recei"ing 1111"oid settlement funds must secure them in a <br /> special revenue rund.These funds are subjectto audit and cannot be OOMMLngled with other <br /> funds, <br /> • B.Authoriae spen&ng. Before sndZ o -old settlement funds, a local govern ment must <br /> au WoMi—e—TRe e x p e n a i i,are or such ftl n 5. ;I,%must take place through a formal bud t or <br /> resolution that Includes certain details Including the amount, time period, and specri-C strategy <br /> funded. <br /> • C. Understand and follow then ptions A local government must spend opioid settlement funds <br /> on oploid rerne4iation activ es au M&I zed under 0 ptlion A or Option 6 as detailed In the MOA. <br /> Da�s .0 d <br /> ernenmen"ng and impact. A local government that receives, spends,or holds opl I <br /> tunas during a ascalyear mustfilean annual financial report within 90 daysof 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 fundscitirint a fiscal year must file an annual <br /> impact report within 90days of the end of the fiscal year, <br /> • E. Hold annual mmUng,The MOA requ i res that each county receivi ng opioid settlement funds <br /> hold at least one an nual meeting open to the public,with all municipalities In the county Invited to <br /> the meeting, The purpose ofthe meeting into recelve Input from municIralities on proposed uses <br /> of the opioid settlement funds and to encourage collaboration between ocal governments. <br /> htti3s--//ric dioi-gov/wp-con ten t/u 01D ad 02022 1031 N CACC-w eb-version-Fin al-0 Pi oid-M OLiLg <br />