HomeMy WebLinkAbout11/19/2024 09.C. Ordinance to create a fund to account for Opioid Settlement Revenue (First Reading) r<-
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BUSINESS OF THE CITY COUNCIL
YAKIMA, WASHINGTON
AGENDA STATEMENT
Item No. 9.C.
For Meeting of: November 19, 2024
ITEM TITLE: Ordinance to create a fund to account for Opioid Settlement Revenue
(First Reading)
SUBMITTED BY: *Viren Mayani, Director of Finance and Budget
Kimberly Domine, Financial Services Manager
Jen Paxton, Financial Services Officer
SUMMARY EXPLANATION:
The City of Yakima has reached settlement agreements with various parties to use the funds specifically
for addressing the opioid crisis.
Effective management of these funds is crucial for accountability and transparency.
City staff recommends maintaining the opioid settlement funds in a separate account to ensure clear
tracking of expenditures and promote public trust, which is beneficial for Yakima and its residents.
ITEM BUDGETED: N/A
STRATEGIC PRIORITY 24-25:
RECOMMENDATION: No action on First Reading.
ATTACHMENTS:
2024 Ordinance Creating Fund 155 - Opioid Settlement.docx
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ORDINANCE NO. 2024-
AN ORDINANCE authorizing the establishment of a Special Revenue Fund 155
Opioid Settlement Fund.
WHEREAS, the opioid crisis has significantly impacted the health, safety, and
welfare of our community, leading to increased healthcare costs, loss of productivity, and
a rise in substance use disorders, crime and etc.; and
WHEREAS, the City of Yakima has entered into settlement agreements with
manufacturers, distributors, and other parties whereas the settlement funds are to be used
specifically to address and mitigate the effects of the opioid crisis; and
WHEREAS the proper management of these funds is essential to ensure
accountability, transparency, and effectiveness in addressing the opioid epidemic; and
WHEREAS City Staff has determined that maintaining opioid settlement funds in
a separate account will provide clear tracking of expenditures, enhance fiscal
responsibility, and promote public trust in the management of these funds is in the best
interest of the City of Yakima and its residents; now, therefore,
BE IT ORDAINED BY THE CITY OF YAKIMA:
Section 1. The City Council does hereby incorporate the above"whereas"recitals
as findings in support of this ordinance to establish a separate Special Revenue Fund 155
to account for the Opioid Abatement.
Section 2. A new chapter, 3.129, is hereby added to the City of Yakima Municipal
Code to read as follows:
3.129 Opioid Abatement Fund.
A. There is created the Opioid Abatement Fund.
B. The Opioid Abatement Fund shall consist of monies obtained from
settlements with entities within the pharmaceutical supply chain and
distributed to the city. The use of settlement proceeds shall only be to
meet opioid settlement strategies listed in the One Washington
Memorandum of Understanding Between Washington Municipalities.
Section 3. If any provision of this ordinance is found to be invalid or
unenforceable, the remaining provisions shall continue in full force and effect.
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Section 4. This ordinance is one making appropriation and shall take effect
immediately upon its passage, approval and publication as provided by law and by the
City Charter.
PASSED BY THE CITY COUNCIL, signed and approved this day of
December, 2024.
Patricia Byers, Mayor
ATTEST:
Rosalinda Ibarra, City Clerk
First Reading:
Publication Date:
Effective Date:
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