Agenda 09/09/2025 Item #16D 2 (Budget amendment to recognize interest earned for April 2025 through June 2025, for the Florida Opioid Settlement Grant Program)9/9/2025
Item # 16.D.2
ID# 2025-2540
Executive Summary
Recommendation for Chairman to approve and authorize a Budget Amendment to recognize interest earned in the
amount of $12,001.00 for April 2025 through June 2025 for the Florida Opioid Settlement Grant Program (Fund 1850
and 1852).
OBJECTIVE: This action will support the County's strategic objective of promoting access to health, wellness, and
human services.
CONSIDERATIONS: The National Opiate Litigation filed by the State of Florida and various local governments
against pharmaceutical companies has resulted in numerous settlements, to be distributed to the State of Florida over
multiple years (“Settlement Funds”). At the June 22, 2021 (Agenda Item #16.K.8) meeting, the Board of County
Commissioners (Board) approved Resolution No. 2021-136 supporting the terms and conditions of the Memorandum of
Understanding (MOU) provided by the Office of Attorney General, which set forth a framework of a unified plan for the
proposed allocation and allowable uses of Settlement Funds to mitigate the harmful effects of the opioid epidemic (the
“Florida Plan”). Resolution No. 2021-136 further authorized the County to execute formal agreements to implement the
Florida Plan.
As part of the settlement, two (2) allocations will be received annually over the next eighteen (18) years: City/County
and Regional Abatement.
Board Date Agenda Item Source of Funds Allocation Interest Date Received
4.11.23 16.D.5. City/County $289,151.06 12.06.22
6.13.23 16.D. 3 Regional $2,628,842.15 4.07.23
6.25.24 16.D. 7. City/County $632,277.95 1.01.24
6.25.24 16.D.7. Regional $1,241,219.04 1.01.24
6.25.24 16.D.7. Regional 1,310.30 4.24.24
4.22.25 16.D.6. City/County $399,277.79 2.14.25
4.22.25 16.D.6. Regional $1,542,962.85 1.28.25
9.09.25 Regional,
City/County
12,001.00 4.30.25,5.31.25,6.30.25
Utilize the funds received from the Florida Opioid Settlement Fund to address the opioid epidemic, including
prevention, treatment, and/or recovery services for Collier County residents to support the county's strategic objective of
promoting access to health, wellness, and human services.
FISCAL IMPACT: Budget amendments for FY25 are necessary to appropriate accrued interest within the Regional
Abatement Fund (1850) Project (44059) in the amount of $9,618.24 and the City/County Fund (1852) Project (44085) in
the amount of $2,382.76 for a total of $12,001.
Project Overnight Interest Received Investment Interest Received Total
44059 $ 6,244.04 $ 3,374.20 $ 9,618.24
44085 $ 1,602.30 $ 780.46 $ 2,382.76
Total $ 7,846.34 $ 4,154.66 $12,001.00
GROWTH MANAGEMENT IMPACT: There is no Growth Management impact associated with this item.
LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, is approved as to form and
legality and requires a majority vote for Board approval. -JAK
Page 1154 of 2661
9/9/2025
Item # 16.D.2
ID# 2025-2540
RECOMMENDATIONS:
For Chairman to approve and authorize a Budget Amendment to recognize interest earned, in the
amount of $12,001.00 from April 2025 through June 2025 for the Florida Opioid Settlement Grant
Program. (Fund 1850 and 1852).
PREPARED BY: Karla Figueroa, Accountant, Corporate Financial & Management Service on behalf of Community
and Human Services
ATTACHMENTS:
1. BA-44085-interest April-June 2025 R
2. BA-44059-interest April-June 2025
Page 1155 of 2661