The economy of Orlando is almost entirely dependent on tourism…no matter what the locals say…Once RCID goes away, isn't Orlando / Florida free to then spend the hotel tax money on ANYTHING they like, instead of the current agreement that says it must be spent on advertising? Could this tax revenue be redirected to pay the bonds? Would there STILL be leftover funds to improve orange county schools etc?
Old link from the Slantial..
(Which BTW, seems to indicate to me how "unfair" the Slantial thought this whole RCID guise was...was in 2019... but in 2021, MY GOD they have changed there viewpoint eh?..)
Orlando hotel taxes don’t pay for roads or housing like in other cities. One reason: Disney and Universal’s political powerFrom the Florida Keys to Portland, Oregon, cities are increasingly turning to tourist taxes as one way to solve problems that come with being a top travel destination. In the Keys, a portion of the…www.orlandosentinel.com
Why would they want to do this?