I live in a fairly well established estate, built in the 70s, doesn't have huge communal green areas as back then, they made the gardens bigger. Hence minimal grass cutting required and mostly done by the council
We pay €50pa into the RA, about 50 houses in the estate and most cntribute. We get an annual statement from them every year and most of the money gets spent on skips, (every year they'll order 2-3 for the estate to use, very handy for a clear out) and things like flower beds and making the estate look nice, a proportion of any surplus is retained annually for emergencies, eg replacing the estate sign after some muppet demolished it with a lorry, any other surplus goes to buy raffle prizes and they simply draw names.
Without knowing the estate, €200 sounds crazy and way OTT.