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Boca Raton in Palm Beach County, FL has 74 HOAs collecting $24,903,456 from 2,606 households. Average Reserve Funding is 49.66% and Average Monthly Payment is $703.
Average Reserve Funding
49.66%
Ideal is 100%. Below 30% indicates high risk of special assessments. Above 70% has low risk of special assessments.
Average Monthly Payment
$703
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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