News Reedy Creek Improvement District and the Central Florida Tourism Oversight District

Goofyernmost

Well-Known Member
TWDC wins big here as they will be able to dump 1 to 2 billion dollars of debt on to the taxpayers.
Well, let's hope that the love for Gov. DeSenseless is strong enough for the state to not only pay more tax but also discourage any business from coming into the state. There is just so much those minimum wagers and retirees can afford no matter how wealthy they might be. The current stock market has already kicked a lot of honest retirees in the butt. The losses have been staggering.
 

mmascari

Well-Known Member
TWDC wins big here as they will be able to dump 1 to 2 billion dollars of debt on to the taxpayers.
It's definitely a Disney win in the short term.

But, I think it's less clear if it's a long term win for them.

It's very possible that reduced public services will drive up operational costs for Disney. The question becomes, over the time span that the debt will be due is the increase in operational costs higher without RCID than the taxes (which pay the debt) if RCID stayed as before. If the operational cost is higher, it's a loss for Disney too.

The RCID taxes are already an operational cost for Disney not some capital project expense. At least as far as Disney's financials are concerned.

I think it's safe to say if the counties become responsible for the public services, that they will provide reduced services compared to the current RCID level.
 

Disstevefan1

Well-Known Member
Hurting the local economy isn’t a win for Disney.
This is a win for TWDC.
As for the local economy, WDW brings A LOT more money into the local economy than any tax increase would hurt the local economy.
Is it fair to the taxpayers NO!!
Multiple events in my life has taught me that life is not fair.
 

Dog Ate Mouse

Well-Known Member
Since most of their business comes from out of state populations, WDW will still do OK.
That is so wrong with your comment and a few of other people's comments. WDW will have to pay a large amount of tax that offsets what will happen to the local Floridians which is nothing. Disney has made its false claims and replies that are not true. Disney in the end will be paying a lot of taxes more than they ever have. Plus add in they will now be losing their no-fly zone for the park. Disney is going to face a harsh reality when this is all over and done.
 

mikejs78

Well-Known Member
That is so wrong with your comment and a few of other people's comments. WDW will have to pay a large amount of tax that offsets what will happen to the local Floridians which is nothing. Disney has made its false claims and replies that are not true. Disney in the end will be paying a lot of taxes more than they ever have. Plus add in they will now be losing their no-fly zone for the park. Disney is going to face a harsh reality when this is all over and done.

What you're suggesting is not possible under the FL Constitution.
 

Disstevefan1

Well-Known Member
It's definitely a Disney win in the short term.

But, I think it's less clear if it's a long term win for them.

It's very possible that reduced public services will drive up operational costs for Disney. The question becomes, over the time span that the debt will be due is the increase in operational costs higher without RCID than the taxes (which pay the debt) if RCID stayed as before. If the operational cost is higher, it's a loss for Disney too.

The RCID taxes are already an operational cost for Disney not some capital project expense. At least as far as Disney's financials are concerned.

I think it's safe to say if the counties become responsible for the public services, that they will provide reduced services compared to the current RCID level.
Universal, SeaWorld, Bush Gardens seem to be doing fine, so Disney will take the win in the short term and deal with things like the other parks.

I am disappointed WDW / RCID will not be able to work to expand the solar farms. I do think RCID gave them the room to innovate like that, that will be gone.
 

Vacationeer

Well-Known Member
In the Parks
No
That is so wrong with your comment and a few of other people's comments. WDW will have to pay a large amount of tax that offsets what will happen to the local Floridians which is nothing. Disney has made its false claims and replies that are not true. Disney in the end will be paying a lot of taxes more than they ever have. Plus add in they will now be losing their no-fly zone for the park. Disney is going to face a harsh reality when this is all over and done.
Now all we need is some of them to go to jail and we can call it day. /s
 

UNCgolf

Well-Known Member
That is so wrong with your comment and a few of other people's comments. WDW will have to pay a large amount of tax that offsets what will happen to the local Floridians which is nothing. Disney has made its false claims and replies that are not true. Disney in the end will be paying a lot of taxes more than they ever have. Plus add in they will now be losing their no-fly zone for the park. Disney is going to face a harsh reality when this is all over and done.

The Disney no-fly zone was a safety issue in response to 9/11; it wasn't some special privilege just for Disney's benefit. No one should be happy to see that go (I doubt it will, but who knows).

And Disney is absolutely not going to be paying more taxes; at worst the bill would stay the same but it's very likely they will see a significant decrease.
 

Disney Glimpses

Well-Known Member
That is so wrong with your comment and a few of other people's comments. WDW will have to pay a large amount of tax that offsets what will happen to the local Floridians which is nothing. Disney has made its false claims and replies that are not true. Disney in the end will be paying a lot of taxes more than they ever have. Plus add in they will now be losing their no-fly zone for the park. Disney is going to face a harsh reality when this is all over and done.
I have no idea what's actually going to happen but I can guarantee you that nothing you said here is going to happen lol
 

lazyboy97o

Well-Known Member
That is so wrong with your comment and a few of other people's comments. WDW will have to pay a large amount of tax that offsets what will happen to the local Floridians which is nothing. Disney has made its false claims and replies that are not true. Disney in the end will be paying a lot of taxes more than they ever have. Plus add in they will now be losing their no-fly zone for the park. Disney is going to face a harsh reality when this is all over and done.
Its always funny when people jump in with false, long discredited statements. Please do explain these false claims made by Disney.
 

peter11435

Well-Known Member
That is so wrong with your comment and a few of other people's comments. WDW will have to pay a large amount of tax that offsets what will happen to the local Floridians which is nothing. Disney has made its false claims and replies that are not true. Disney in the end will be paying a lot of taxes more than they ever have. Plus add in they will now be losing their no-fly zone for the park. Disney is going to face a harsh reality when this is all over and done.
What false claims and replies has Disney made?

What extra taxes do you think Disney would have to pay?

You should probably research a topic before you comment on it.
 

Disstevefan1

Well-Known Member
That is so wrong with your comment and a few of other people's comments. WDW will have to pay a large amount of tax that offsets what will happen to the local Floridians which is nothing. Disney has made its false claims and replies that are not true. Disney in the end will be paying a lot of taxes more than they ever have. Plus add in they will now be losing their no-fly zone for the park. Disney is going to face a harsh reality when this is all over and done.
Locals hope WDW pays more tax to the state.

My gut feeling is that Disney knows how to avoid paying taxes.

What is the counties gonna do if they don't pay any increased taxes?

Padlock WDW?

That's like cutting off your nose to spite your face.

WDW will just probably carry a rolling tax debt to the counties.... Hey sort of like the bond debt RCID had, LOL

The real bad thing is, the counties will have to pay the bond debt Disney created in RCID
AND
never get all the new taxes they were supposed to get now that RCID is gone.

A win, win for Disney.

A lose, lose for Orange and Osceola counties.

Desantis should have thought this over before doing this.... Wait, he probably did think this through, I keep forgetting, he does not care Orange and Osceola counties. Silly me.
 

lentesta

Premium Member
In the latest episode of The Disney Dish, @lentesta brings up the interesting argument that the law dissolving districts that predate the current constitution doesn’t even apply to the Reedy Creek Improvement District. The law says it dissolves districts that have not been “reestablished, re-ratified, or otherwise
reconstituted” and the argument he presents is that the supreme court ruling along with multiple references to the District in subsequent legislation and state agency work would all constitute “re-ratification” as the state repeatedly acknowledged the District’s legal existence.

It's worth noting that "re-ratification" doesn't mean that FL had to re-vote on the original RCID charter. Nobody expects today's legislature to take the time to re-vote on everything that's current law. The definition that's being used here comes from Cornell Law School's legal dictionary Wex.

I'm told there are at least three paths Disney can take for this one argument:
  1. The can say that any new law passed after the FL Constitution ("post-FLC"), and that specifically refers to RCID's powers, is re-ratification. The argument is something like "Look, you specifically thought to include RCID in this, so you clearly thought about RCID's powers and were okay with them. That's re-ratification."

  2. Likewise, if a law specifically mentioning RCID's powers was updated post-FLC and those powers were not revoked or constrained by that update, the argument will be "You updated this section of law seventeen times in the last 20 years. The law specifically refers to RCID's powers. You had the chance to revoke or constrain RCID each of those 17 times you changed the law, and you didn't. That's re-ratification of RCID's powers."

  3. Even without reference to RCID in updated laws, the state's conduct itself can be argued as re-ratification. If the state has, for the last 50+ years, accepted the benefits that come with RCID (e.g., jobs, Disney paying a tax rate higher than FL law would otherwise allow, road maintenance, etc.), and required RCID to comply with the usual changes to state and local laws (e.g., changes to building codes, environmental law, water treatment, building codes, etc.) by assuming the RCID charter requires the RCID to comply with them, then some courts have held that as ratification (e.g., Bi-County Properties vs Wampler)
In my humble, not-a-lawyer opinion, these aren't trivial arguments. I mean, what's the FL legislature's counter-argument to (1) and (2)? We didn't know what we were doing? We were vehemently against the entire existence of the RCID but still put it in a bill that we passed anyway? We've always thought the RCID wasn't legal but we've gone-along-to-get-along for 50 years?

Edit: Fixed typos.
 
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willtravel

Well-Known Member

GoofGoof

Premium Member
That is so wrong with your comment and a few of other people's comments. WDW will have to pay a large amount of tax that offsets what will happen to the local Floridians which is nothing. Disney has made its false claims and replies that are not true. Disney in the end will be paying a lot of taxes more than they ever have. Plus add in they will now be losing their no-fly zone for the park. Disney is going to face a harsh reality when this is all over and done.
You left out the part where they are replacing the iconic statue of Walt and Mickey at MK with one featuring Ron DeSantis and Randy Fine.

34E18E7C-D569-47B9-BBA2-7C0165F21D28.jpeg
 

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