Apr 2, 2013 6:42 PM by Andrew Ellison - email@example.com
CORPUS CHRISTI - Nobody likes paying their property taxes, but they're due every year anyway. Nueces County does everything it can to collect those taxes, but it turns out, sometimes, their hands are tied.
We took a look at some of the biggest delinquent taxpayers in the county. These are huge chunks of money that the county isn't getting every year, and that means that most of you have to make up for it with your money.
One of the biggest delinquent tax payers in the county is a Florida based developer called F.C.I.
They own a piece of undeveloped land on Mustang Island, and they owe the county $500,255 in unpaid property taxes.
But it's not really their fault.
In 2006, they sold the land to a developer out of Georgia. That developer went bankrupt. Through bankruptcy proceedings, F.C.I. got the property back in 2010, but by then, the property taxes had stacked up.
The bankruptcy meant that the county couldn't do anything to collect that money until the property changed ownership, and that's why F.C.I. has to pay the taxes off. The County Tax Collector's Office says they are currently making quarterly payments to pay those taxes off.
Bankruptcy has also tied the county's hands for another property near Up River Road, the old Encycle Plant.
Encycle was an old waste management plant that closed in 2003, and it's currently in bankruptcy, so the county can't collect the $416,861 they owe them.
County Tax Collector Kevin Kieschnick says bankruptcy proceedings take a long time and the county probably won't get that money back anytime soon.
He added that when things like this happen, public services like schools and law enforcement miss out on funds.
"It can be frustrating for the taxing entities who really need those funds to operate, because we collect for all 32 taxing entities in Nueces County, and these property taxes are how these entities operate," Kieschnick says.
And when taxing entities can't get what they expect to get, the other taxpayers have to make up for it.
"When they know a particular entity is not going to pay, then they have to make those adjustments in their budgets and it could possibly, in some cases, cause them to need to raise taxes," Kieschnick says.
So next time you pay your property taxes, remember you could be paying for missing tax money that's not coming in.