EUCALYPTUS: Lyon County Attorney planning visit with lawmakers to close property tax loophole, end possibility of rental property owners being perpetually two years behind Featured

EUCALYPTUS: Lyon County Attorney planning visit with lawmakers to close property tax loophole, end possibility of rental property owners being perpetually two years behind Eucalyptus Real Estate logo

Can Eucalyptus Real Estate and other rental property owners be perpetually two years behind on their Kansas property taxes?

According to Lyon County Attorney Marc Goodman, they absolutely can, thanks to a loophole in state law.

Eucalyptus is close to half a million dollars behind on its property taxes over the past two years. The amount is the equivalent of slightly more than two mills of property tax levy. Emporia would claim $120,000 of the current past due amount, or around six-tenths of a mill, if the back taxes are fully paid.

Eucalyptus owes property on nine different property addresses in Emporia, but not at Terra Park Apartments or Courtyard Apartments. Those are part of Emporia's Neighborhood Revitalization Program, which rewards property owners with rebates if property taxes are paid on time but punishes them by removing the properties from the program if taxes fall behind.

With state lawmakers beginning the veto session Monday, Goodman says he will wait to approach lawmakers on potential changes to state law until they adjourn.

Goodman says the Eucalyptus situation is troubling from the property tax angle, but it's also troubling because its local properties are fast becoming substandard.

Eucalyptus has not returned requests from KVOE News seeking updates on either aspect of this developing story. It also has not reached out to city or county government leaders with updates on its situation.

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Last modified on Monday, 03 May 2021 10:34