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Litchfield in Litchfield County, CT has 4 HOAs collecting $1,342,212 from 220 households. Average Reserve Funding is 41.24% and Average Monthly Payment is $507.
Average Reserve Funding
41.24%
Ideal is 100%. Below 30% indicates high risk of special assessments. Above 70% has low risk of special assessments.
Average Monthly Payment
$507
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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