ST. LOUIS (KMOX) – KMOX News has learned the Republican running for St. Louis County Assessor owes over $12,000 in back property taxes in St. Louis city.
The St. Louis City Collector of Revenue confirms that L.K. “Chip” Wood owes $12,458.56 for two years of unpaid property tax, penalties and interest — on the L.K. Wood real estate office at 5600 Hampton Avenue. “I guess the company didn’t have the money to make the payments,” Wood said Tuesday. “I apologize. It’s an oversight. I didn’t know where we stood with that until you just called me.”
Wood tells KMOX it has been a rough two years in real estate and he is proud to still be in business. “There’s been a lot of hardship and a lot of adjustments,” says Wood. “We’ve had to mother our cash and make sure we had enough money to pay our insurance and keep our doors open.”
Last week, Wood blamed a mailing address mix-up after a move for being late paying $2,400 in St. Louis County personal property tax. The county counselor has sent Wood a letter of apology noting that while Wood was late, he did pay his county tax bill before the county sued him for nonpayment.