- Mar 3, 2009
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We live on a private road with 7 other households.
Every year or two I end up buying gravel for upkeep and then having to go around to everyone and collect their share.
This year several of the neighbors mentioned setting up a "road fund" where everyone would pay $xx.xx every month of the year which would then be used as needed for maintenance.
My question is has anyone ever had experience with this sort of thing? My gut feeling is that it would be a big hassle and probably not work unless it was set up as an automatic payment out of everyone's account. Also everyone would have to get a statement at least quarterly. So I'm thinking it would just be more hassle than it would be worth.
I would love to hear anyone's thoughts and/or experiences with this sort of thing because if it gets done it will probably fall on me to administrate it because I'm kind of the "neutral" party out here.
Thanks in advance!
Every year or two I end up buying gravel for upkeep and then having to go around to everyone and collect their share.
This year several of the neighbors mentioned setting up a "road fund" where everyone would pay $xx.xx every month of the year which would then be used as needed for maintenance.
My question is has anyone ever had experience with this sort of thing? My gut feeling is that it would be a big hassle and probably not work unless it was set up as an automatic payment out of everyone's account. Also everyone would have to get a statement at least quarterly. So I'm thinking it would just be more hassle than it would be worth.
I would love to hear anyone's thoughts and/or experiences with this sort of thing because if it gets done it will probably fall on me to administrate it because I'm kind of the "neutral" party out here.
Thanks in advance!