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Montecito in Santa Barbara County, CA has 4 HOAs collecting $1,871,640 from 131 households. Average Reserve Funding is 52.49% and Average Monthly Payment is $1,085.
Average Reserve Funding
52.49%
Ideal is 100%. Below 30% indicates high risk of special assessments. Above 70% has low risk of special assessments.
Average Monthly Payment
$1,085
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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