Hi. We are a statutory road association formed about 1995 which then incoporated as a non-profit. We have 79 lots and about 49 different owners on a road 8000 ft mostly along a lake shore. This year we made major changes to our by-laws to fix some issues and to bring us up to date with the current statutes. To answer your questions:

1. Our budget this year stated we  would keep $500 for contingency.

2. We have 2 officers (president/commissioner and secretary/treasurer) and 3 directors. This makes up our Board of Directors and is the minimum required for a non-profit.

3. I don't know, I suggest you look at the statutes governing your road association type (statutory or non-profit).

4. We used to charge the same for all owners regardless of dwellings or not or how many lots they owned. This year we changed our by-laws to charge based on  the City's tax parcel valuation. We felt this would be the most "fair and equitable" method. We then set a rate every year. This year it is 0.0002. We want to do things right in case we decide, in the future, to take civil action for non-payment. (We have lost in the past at small claims on 2 cases because we didn't assess "in proportion to the owner's interest" which is  how the law was worded back then. We also have a by-law that says no civil action will be taken without 2/3 approval of members attending the annual meeting. This is to prevent one officer or director from arbitrarily taking action against someone and helps spread responsibility. However, delquent owners cannot vote at any meetings.

Hope this helps.