According to the Orlando Sentinel today, Disney is suing the Orange County real estate assessor and others (including Reedy Creek Development District, in which it normally has a controlling interest) over their valuation of several parts of WDW, including the Magic Kingdom, which they value at $437 million. (They value Epcot at $446 million and DHS at $339 million, with Animal Kingdom Lodge at $153 million and Caribbean Beach Resort at $209 million.)
Here is the link: http://www.orlandosentinel.com/business/os-bz-disney-assessments-20170613-story.html
Disney calls the assessed values "excessive." OK, I had to laugh.
To be fair, it is worth noting that the article says that Universal, Sea World, and others have also complained about their assessment, too; but I have to laugh when the Walt Disney Company actually complains that the Magic Kingdom is priced too high!
My favorite is this quote from the Disney spokesperson: "The increases in the assessments of our property are unreasonable and unjustified."
How funny is that? I think I am going to say that when they raise gate prices again. And I can show them proof that they have said the same thing!
And to be honest I work in local property tax assessments, where I hear people complain about their assessments daily -- but with the constant increase in Disney prices well over and above the cost of inflation, even the Disney fan in me has to laugh at the irony of Disney saying the assessed value of their park is excessive.
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Disney sues over property assessments for Magic Kingdom, other properties
- Thread starter prberk
- Start date
According to the Orlando Sentinel today, Disney is suing the Orange County real estate assessor and others (including Reedy Creek Development District, in which it normally has a controlling interest) over their valuation of several parts of WDW, including the Magic Kingdom, which they value at $437 million. (They value Epcot at $446 million and DHS at $339 million, with Animal Kingdom Lodge at $153 million and Caribbean Beach Resort at $209 million.)
Here is the link: http://www.orlandosentinel.com/business/os-bz-disney-assessments-20170613-story.html
Disney calls the assessed values "excessive." OK, I had to laugh.
To be fair, it is worth noting that the article says that Universal, Sea World, and others have also complained about their assessment, too; but I have to laugh when the Walt Disney Company actually complains that the Magic Kingdom is priced too high!
My favorite is this quote from the Disney spokesperson: "The increases in the assessments of our property are unreasonable and unjustified."
How funny is that? I think I am going to say that when they raise gate prices again. And I can show them proof that they have said the same thing!
And to be honest I work in local property tax assessments, where I hear people complain about their assessments daily -- but with the constant increase in Disney prices well over and above the cost of inflation, even the Disney fan in me has to laugh at the irony of Disney saying the assessed value of their park is excessive.
Unfortunately if the county raises taxes the businesses just pass them on to the consumers. With all of the revenue Disney and others theme parks generate I would think the county would appreciate such cash cows. None of us use much of county services while visiting and none of us use the school systems, etc.According to the Orlando Sentinel today, Disney is suing the Orange County real estate assessor and others (including Reedy Creek Development District, in which it normally has a controlling interest) over their valuation of several parts of WDW, including the Magic Kingdom, which they value at $437 million. (They value Epcot at $446 million and DHS at $339 million, with Animal Kingdom Lodge at $153 million and Caribbean Beach Resort at $209 million.)
Here is the link: http://www.orlandosentinel.com/business/os-bz-disney-assessments-20170613-story.html
Disney calls the assessed values "excessive." OK, I had to laugh.
To be fair, it is worth noting that the article says that Universal, Sea World, and others have also complained about their assessment, too; but I have to laugh when the Walt Disney Company actually complains that the Magic Kingdom is priced too high!
My favorite is this quote from the Disney spokesperson: "The increases in the assessments of our property are unreasonable and unjustified."
How funny is that? I think I am going to say that when they raise gate prices again. And I can show them proof that they have said the same thing!
And to be honest I work in local property tax assessments, where I hear people complain about their assessments daily -- but with the constant increase in Disney prices well over and above the cost of inflation, even the Disney fan in me has to laugh at the irony of Disney saying the assessed value of their park is excessive.
Sounds like the govt has become rather greedy and the patrons will have to pay.
I would think most of the CM at Disney are college kids or young adults trying to gain experience. If an adult is working for meager wages at Disney and attempting to support a family I would say that is their problem. That is not the purpose of entry level jobs. Probably many Disney jobs are entry level jobs with the hopes of improving job skills and moving up the economic ladder thru experience and expertise and I suspect many people have moved up the ladder at Disney.
ford91exploder
Resident Curmudgeon
Google the term 'Igervilles' - and draw you own conclusions as to Disney's business model
Andrew C
You know what's funny?
lol....I like how this forum comes up. Wonder who originally said it here...
I would say Google the value of entry level jobs for future success in life and draw your own conclusions.
Me 'Earties
Not all treasure is silver and gold, mate
Interesting...if you do a search on this forum for Igervilles, it has been said by you only. And since the google search turned up nothing, you must be the expert on Igervilles-please do explain.
