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Chelsea in Shelby County, AL has 7 HOAs collecting $136,344 from 299 households. Average Reserve Funding is 51.42% and Average Monthly Payment is $38.
Average Reserve Funding
51.42%
Ideal is 100%. Below 30% indicates high risk of special assessments. Above 70% has low risk of special assessments.
Average Monthly Payment
$38
Part of this payment is used to cover operational expenses. The other part is saved in the Reserve Fund to cover future maintenance.
Averages
FindMyHOA
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