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OAC reports $184.4 million net cash available; fiscal monitoring has identified about $72,000 in unallowed costs
Summary
The council's office reported $184,424,371 in net cash available in the opioid abatement trust fund, distributed county annual payments totaling tens of millions to date, and flagged roughly $72,000 in unallowed charges during fiscal monitoring visits.
The Opioid Abatement Council’s finance staff reported that the trust fund had a net cash available balance of $184,424,371 as of the statement the office presented in the meeting.
Mary Shelton and OAC finance staff said the office has disbursed the annual county payments required under the distribution formula: $31,400,000 in 2023, $31,000,000 in 2024, and $24,400,000 in the most recent period were distributed to counties, the staff said. The office also said SMART — the vendor that helps counties track…
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