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Banning in Riverside County, CA has 11 HOAs collecting $19,945,128 from 6,132 households. Average Reserve Funding is 50.45% and Average Monthly Payment is $264.
Average Reserve Funding
50.45%
Ideal is 100%. Below 30% indicates high risk of special assessments. Above 70% has low risk of special assessments.
Average Monthly Payment
$264
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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