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

LAKid53

Official Member of the Girly Girl Fan Club
Premium Member
As the sole land owner and resident it would be my taxes and my taxes alone that would fund road maintenance.

Who do you think was maintaining roads in the RCID?

Except many of those roads are public, not private. So, as a taxpayer in Orange County, I appreciate TWDC paying an assessment to RCID to maintain roads my taxes would normally pay for.
 

CentralFLlife

Well-Known Member
I'm sure Volusia County would welcome a voluntary contribution to their general fund from Comcast. But no I don't think it would be appropriate for Volusia County to cede municipal authority to a board appointed by Comcast in perpetuity that would control the rail line.

But ideally SunRail wouldn't be publicly funded in the first place so there's be no risk to Volusia or any other county teachers.
Wait, you’re saying public transport shouldn’t be publicly funded?
 
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CaptainAmerica

Premium Member
The state Division of Bond Finance issues and reviews government bonds on behalf of state agencies and local governments. It would have reviewed every single supplement to the 1972 Ad Valorem Tax Bond Resolution. Furthermore, the Division collects, maintains, and disseminates information on tax-exempt bonds issued by units of local government.

If the Division deemed the RCID bonds were inappropriate, it would have challenged the original bonds and every single supplement.
Again, I'm not saying the arrangement was illegal. I'm saying I don't like it.
 

Figgy1

Well-Known Member
Because the infrastructure that's being developed is for the operation of their business, it's not for public use. World Drive isn't fundamentally any different than the walking paths in Adventureland.
That's not true. Several times when staying off site it was easier to use RCID roads to get elsewhere in the area to avoid traffic. The roads are open to the public not just those visiting Disney
 
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Vacationeer

Well-Known Member
In the Parks
No
EXACTLY! I understand it perfectly well. I'm not describing it differently than you are, I'm saying I understand what it is, exactly as you're describing it, and I don't like it.

"Turning it over" to a board controlled by themselves to be used exactly and only how they want, while getting it off of their balance sheet and eligible for municipal debt is exactly what I don't like.
I get what you’re saying and wouldn’t necessarily like that either. But I haven’t really seen anything proving Disney’s interest with RCID was for anything but control, not financial motives. WDW wanted to maintain their standards and for that they were willing to pay a premium. Yes maybe it helped expedite and keep things more efficient in the long game, but where were they not paying their share or trying to load it off on someone else? Municipal bonds, yes. For municipal things, infrastructure. I don’t see shirking financial responsibility in any of this.
 

thomas998

Well-Known Member
As has been pointed out repeatedly, Disney pays more in taxes than Universal and Sea World. Try again.
I didn't say Disney paid any more or less in taxes, the analogy was asking if you would like it if your neighbor got a special break on taxes for life... in this instance what Disney got may not have amount to anything in lower taxes but it did provide them at the very least with a special pass on normal permits and other things that would take any other competitor much longer because they weren't going to be dealing with a oversight board that was really run by themselves.
 

thomas998

Well-Known Member
Disney pays higher taxes than universal or sea world precisely because of RCID.
Yet again, I never said Disney paid less in taxes they simply get special red carpet treatment from their own corporate run government oversight board. I used taxes as an example that the poster might understand as most people are familiar with paying taxes but few have to ever deal with a local government when seeking permits and such.
 

LAKid53

Official Member of the Girly Girl Fan Club
Premium Member
But Disney didn't buy up all of the land. Their quasi government owns some of the land and won't let anybody else buy it.

The state routinely purchases private lands to set aside for conservation. That's one of the functions of the Division of State Lands within DEP, to recommend the purchase of land for various purposes. The governor and cabinet approved the acquisition of 3500 acres back in January.
 

lazyboy97o

Well-Known Member
I didn't say Disney paid any more or less in taxes, the analogy was asking if you would like it if your neighbor got a special break on taxes for life... in this instance what Disney got may not have amount to anything in lower taxes but it did provide them at the very least with a special pass on normal permits and other things that would take any other competitor much longer because they weren't going to be dealing with a oversight board that was really run by themselves.
You’ve just used another bad example. There is no special pass on normal permits, whatever those are. It’s the same type of process and is often considered the most onerous of the local area.

And again, the district was enforcing a building code before local governments were required to do so.
 

thomas998

Well-Known Member
Other than expedited permitting, what advantage does Disney have over Uni & SeaWorld? It is PAYING RCID for the services the District provides in the form of an assessment, i.e., tax. That's on top of what it pays Orange and Osceola Counties in property taxes. It is also paying OCSO to provide LE support. So whatever "advantage" you think TWDC is getting, it certainly isn't financial.
For a corporation time is very valuable. Having worked in a corporation that had to deal with multiple government entities for permits on pipelines we built, I can assure you that having a special entity that fast tracks every permit you need is very valuable. I've watch large construction teams sit around for weeks at a time simply because an inspector didn't show up to sign on what had been done.

And if you don't think time is money you don't understand how corporation determine the return on their investments. Disney has gained millions by having expedited services. If Disney didn't put a significant value on the way things were they wouldn't have put up such a fight to stop the state from taking it over.
 

LAKid53

Official Member of the Girly Girl Fan Club
Premium Member
You already know....

They haven't paid any taxes ever. They are the only special district in the entire universe. They have never inspected anything ever. They get to write all of their own laws. They can do anything they want whenever they want and its JUsT NOt FaIR

That is patently incorrect. TWDC pays property taxes to the 2 counties the property it owns resides in, an assessment to RCID and corporate income tax to the State of Florida.
 

GoofGoof

Premium Member
That's not true. Several times when staying of site it was easier to use RCID roads to get elsewhere in the area to avoid traffic. The roads are open to the public not just those visiting Disney
Just like the street I live on. It was obviously constructed to benefit the developer who built the houses and continues to benefit the home owners in the neighborhood but ultimately is a public road open to anyone and maintained using municipal funds that come from tax dollars.
 

LAKid53

Official Member of the Girly Girl Fan Club
Premium Member
For a corporation time is very valuable. Having worked in a corporation that had to deal with multiple government entities for permits on pipelines we built, I can assure you that having a special entity that fast tracks every permit you need is very valuable. I've watch large construction teams sit around for weeks at a time simply because an inspector didn't show up to sign on what had been done.

And if you don't think time is money you don't understand how corporation determine the return on their investments. Disney has gained millions by having expedited services. If Disney didn't put a significant value on the way things were they wouldn't have put up such a fight to stop the state from taking it over.

I said, "other than expedited permitting"... I fully recognize that for a corporation, time is money.
 

Vacationeer

Well-Known Member
In the Parks
No
A simple google search shows you are wrong.

Who is the largest taxpayer in Florida?

Disney is the largest taxpayer in central Florida, paying $280 million in taxes from 2015 to 2020.
Actually…

ECONOMIC IMPACT
Walt Disney World Resort is a significant contributor to the economic well-being and vitality of Central Florida. Walt Disney World Resort has contributed $780.3 million in total state and local taxes paid and collected for FY2021.

$780 million in 2021 alone.
 

thomas998

Well-Known Member
You’ve just used another bad example. There is no special pass on normal permits, whatever those are. It’s the same type of process and is often considered the most onerous of the local area.

And again, the district was enforcing a building code before local governments were required to do so.
You are clueless. How many corporations and individual have to get a permit in any of the neighboring areas? thousands. Now compare that to the number in Reedy Creek, it is a drop in the bucket. So if you don't think being able to bypass the normal line that makes the DMV look fast, and instead just having your own private permitting group doesn't save time you are clueless. The special pass isn't not getting a permit it is getting one from a agency that exist for your own use only. Universal doesn't have its own permitting agency at their beck and call, only Disney has had that advantage.
 

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