The old board *is* the new board!
Defined as such by legislative fiat!
Any "action" the CFTOD would want to take is against itself.
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News Reedy Creek Improvement District and the Central Florida Tourism Oversight District
- Thread starter castlecake2.0
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Defined as such by legislative fiat!
Any "action" the CFTOD would want to take is against itself.
Figgy1
Well-Known Member
Believe it or not, the state of Florida has limited gifts legislators, agency heads and plain old employees can receive. Anything over $100 had to be listed on annual financial disclosure forms filed the the Secretary of State. Loans are absolutely forbidden. I couldn't accept a cup of coffee and a donut from any permittee who's permit was up for renewal.
lazyboy97o
Well-Known Member
I’d be curious to know how many people who lease land from Disney don’t have some sort of entrance privileges to the parks.
So if gifts over $100 has to be reported ? Like a tipped waiter that made $400 in cash tips on one shift does he/she really report that?
So if gifts over $100 has to be reported ? Like a tipped waiter that made $400 in cash tips on one shift does he/she really report that?
Not a state employee
Who would that be?
Disney Analyst
Well-Known Member
lazyboy97o
Well-Known Member
The residents of Bay Lake and Lake Buena Vista. Many hold senior positions at Disney.
Sirwalterraleigh
Premium Member
I mean…that’s assuming the structure is strong enough to pay attention/force compliance with such things?
What state again?
…oh…I highly doubt it
Paid from.....the tax revenues collected by the District.
And an added, extra benefit...stipends are considered income, but not wages, so the employees will have to calculate the amount of income tax due.
How STUPID of the Board.
Disstevefan1
Well-Known Member
Its 100 percent true that RCID employees received really, really good cast member perks such as main gate passes, extra entry tickets, food coupons, big discounts for merch at the parks etc, as RCID employees were, in effect, WDW employees.
I always thought they just gave them the perks, I never thought the perks were "paid for" by RCID moving money back to WDW. Thats interesting, apparently this is true?
In any event, I am sure CFTOD folks will gladly take the $1000 instead of the previous perks.
I always thought they just gave them the perks, I never thought the perks were "paid for" by RCID moving money back to WDW. Thats interesting, apparently this is true?
In any event, I am sure CFTOD folks will gladly take the $1000 instead of the previous perks.
Technically, perks and gifts from your employer also need to be included as income (above a certain threshold).
Only certain delineated perks, such as health insurance, are benefits that doesn't get included in income. Disney passes are not one of those exemptions.
drnilescrane
Well-Known Member
I'm sure if you really drill down into it for a "complimentary" Main Entrance Pass a hypothetical ABC News employee's legal entity - "American Broadcasting Companies Inc" - is reimbursing "Disney Worldwide Services, Inc" for benefits administration who is then reimbursing "Walt Disney Parks and Resorts U.S. Inc" for the "overhead" of running the MEP component of the program. Which apparently costs $1000 a head per annum. Even if the ticket itself has no revenue component... and before this year was considered equivalent to a $19.99 per month Disney streaming bundle.
The sad part is, having worked there, I think that number is probably correct.
The sad part is, having worked there, I think that number is probably correct.
Items that are part of an official benefit package would be calculated as part of wage income. The state of Florida provides all state employees term life insurance valued at 125% of your gross salary. The premium the state pays shows up as wages on the employee's pay stub. All $3 of it.
JoeCamel
Well-Known Member
So RCID bought tickets from Disney and used them as compensation/incentives and CFTOD is big mad at Disney for selling them the tickets?
OK
And this boards solution is to give 1K perks to all while only 50% used it in the pass. Must be the new math way to save money and eliminate waste
OK
And this boards solution is to give 1K perks to all while only 50% used it in the pass. Must be the new math way to save money and eliminate waste
Like we've said, not the sharpest pencils in the box.
Why do I think this is in response to TWDC's filing for damages last week?
The Board continues to give Disney ammo for its case that actions taken against the company are retaliatory.
mikejs78
Premium Member
No, they weren't.
Not moving money.. RCID purchased the tickets as a benefit, much like many businesses in the area do.
Some may, but others may not. Depends what kind of annual pass they had. The IncrediPass is over $1k and the Sorcerers pass is $969. Couple it with discounts and this could actually be a benefits cut for anyone who had made use of it.