Fire Victim Trust Files 2021 Financial Report and Claims Report with U S Bankruptcy Court streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
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Lobo Fire (Nevada County)
Pocket Fire (Sonoma County)
Sulphur Fire (Lake County)
Tubbs Fire (Sonoma and Napa Counties)
Many of the questions Action News Now asked the FVT concerned finances and transparency. Action News Now was told on Tuesday that a detailed accounting of all the Trust expenses through December 31, 2020, will be filed with the Court later in the month of April, along with an update on claims payments.
As of Monday, the FVT reports that 7,364 Preliminary Payments have been issued for a total of $95,523,500.
Pro-Rata Payments of 30% of approved and signed-off claims have also been reported. 183 Pro-Rata Payments have been issued to fire survivors so far, totaling $45,816,527. The average of each of the 183 payments is $250,363.