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Morgan Hill in Santa Clara County, CA has 45 HOAs collecting $9,479,112 from 3,284 households. Average Reserve Funding is 49.93% and Average Monthly Payment is $271.
Average Reserve Funding
49.93%
Ideal is 100%. Below 30% indicates high risk of special assessments. Above 70% has low risk of special assessments.
Average Monthly Payment
$271
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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