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34 <br /> ORANGE COUNTY, NC <br /> OPIOID ADVISORY <br /> COMMITTEE (OAQ <br /> Orange County Board of County Commissioners <br /> May 6, 2025 <br /> Slide #2 <br /> NC Memorandum of Agreement (MOA) <br /> • The MOA governs the allocation,use, and reporting of certain opioid settlement funds in North Carolina. <br /> • To comply with the MOA,a local government receiving opioid settlement funds must do the following: <br /> • A.Establish a fund.A local government receiving opioid settlement funds must secure them in a special <br /> revenue fund.These funds are subject to audit and cannot be commingled with other funds. <br /> • B.Authorize spendinci. Before spending opioid settlement funds,a local government must authorize the <br /> expenditure of such funds.This must take place through a formal budget or resolution that includes certain <br /> details including the amount,time period,and specific strategy funded. <br /> • C.Understand and follow the options.A local government must spend opioid settlement funds on opioid <br /> remediation activities authorized under Option A or Option B as detailed in the MOA. <br /> • D.Report spending and impact.A local government that receives, spends,or holds opioid settlement funds <br /> during a fiscal year must file an annual financial report within go days of the end of the fiscal year.(This <br /> report is required if funds are received or held,even if they are not spent.)A local government that spends <br /> opioid settlement funds during a fiscal year must file an annual impact report within go days of the end of the <br /> fiscal year. <br /> • E.Hold annual meeting.The MOA requires that each county receiving opioid settlement funds hold at least <br /> one annual meeting open to the public,with all municipalities in the county invited to the meeting.The <br /> purpose of the meeting is to receive input from municipalities on proposed uses of the opioid settlement <br /> funds and to encourage collaboration between local governments. <br /> https:llncdoj.Qovlwp-content/uploads/zo22lo3/NCACC-web-version-Final-Opioid-MO6. .pdf <br /> Slide #3 <br />