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City attorney outlines local share from national opioid settlements
Summary
Winchester’s city attorney told council the city could receive roughly $415,000 over 15 years from the Purdue Pharma settlement and an additional potential ~$40,000 from separate manufacturer settlements, subject to state allocation and future distributions.
Winchester City Attorney Michaelson told the City Council on Aug. 12 that two waves of national opioid settlements could yield money for the city.
Michaelson said the Purdue Pharma and Sackler-family bankruptcy settlement totals $6.5 billion nationwide; Virginia is expected to receive about $104 million of that amount. He said the statewide distribution formula sends 60.5% to the Virginia Opioid Abatement Authority and 35% directly to local governments. Based on that formula, Michaelson said Winchester ‘‘should expect to receive over a 15 year period approximately $415,000,’’ plus any additional amounts the authority distributes to localities.
Separately, Michaelson said a combination of settlements with eight manufacturers is expected to generate about $16.4 million for Virginia over four to 10 years, with localities receiving a portion of that amount. He said Winchester’s share from that group of settlements could be ‘‘about $40,000.’’
Michaelson offered to answer questions; none were raised during his report. He characterized the two items as similar in structure to prior opioid settlement distributions the council has seen.
The council did not take further action on the settlements during the meeting; Michaelson presented the information during the city-attorney report and left potential allocation and acceptance steps to future proceedings or to any state-level allocation process.
