peter11435
Well-Known Member
Roads inside resorts and a few other specific roadways are private
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News Reedy Creek Improvement District and the Central Florida Tourism Oversight District
- Thread starter castlecake2.0
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It shouldn't be too difficult to go to the Orange County Tax Collector's office website and see what parcels TWDC is being taxed on. It's public record.
MrPromey
Well-Known Member
LAKid53
Because you keep quoting without actually posting anything, I can't respond directly to you so...
Do you not see what I said? DISNEY would not have been able to issue government bonds.
We agree on this, right?
Disney can't issue government bonds but RCID could?
Right?
So if Disney owns the land and wants to build the garages, they can't issue bonds.
But if Disney owns the land and transfers ownership to RCID, RCID can issue bonds, right?
How did RCID get the land that it owns?
You seem too smart for me to have to spell out what I'm saying, in such simple terms.
Again, I'm not against any of this. I disagree with Captain's take but I'm not pretending I don't understand what he's saying, either.
CaptainAmerica
Premium Member
One can be concerned with both.
peter11435
Well-Known Member
You don’t even have to leave your living room. Just change the address on your browser.
Government owned land in Florida isn't subjected to property tax. So no.
MrPromey
Well-Known Member
Is RCID a government entity that owns land?
Somehow this was never a problem for 50+ years, the two counties had no issues with the set up, the state had no issues with the set up and Disney essentially ran the property well.
I think people stating things like you did above (the morality of a corporation owning a special district) is just backfill to try to justify what DeSantis is doing here. One thing you never see is proponents of this move point out significant, real issues with how the district was set up and had been operating. Roads were maintained, buildings were built to higher standard that outside the district, Disney reimbursed the localities for services they used (such as county sheriff services), etc.
I'd be more willing to buy what the state legislature and DeSantis have done here if people could point out real, significant issues caused by the RCID/Disney that had an effect on public welfare.
LittleBuford
Well-Known Member
Yes, but one is a matter of personal preference whereas the other has significant legal and constitutional implications. I guess I’m just confused as to why you seem more concerned with the former.
lazyboy97o
Well-Known Member
Really? So your understanding of how things work is based on what if not easily available information?
Any idea when this site started? Had not seen it before.Disney has launched a website that essentially highlights the contributions the company makes to Central Florida and Florida as a whole. There’s also a section that talks about the Reedy Creek situation.
Disney in Florida
At Walt Disney World Resort we are honored to be part of the Central Florida community. Explore how we create a brighter future for our region.disneyconnect.com
Reedy Creek situation:
Reedy Creek: The Facts You Need in 2024 - Disney in Florida
What is Reedy Creek – Central Florida Tourism Oversight District The Central Florida Tourism Oversight District (formerly known as Reedy Creek Improvement District or RCID) is a special taxing district that was established by the Florida State Legislature in 1967 to provide and manage municipal...
Brian
Well-Known Member
It's been around for about a year.
Stripes
Premium Member
Not entirely sure. It appears to be fairly new or at least updated recently with more information.
The RCID portion mentions the new name for the district and the estimate of 13,000 new jobs over the next decade that Iger mentioned in the annual meeting.
The disneyconnect website itself has been around for quite some time.
You said "Disney would not have been able to issue municipal bonds". Even WITH the existence of RCID, TWDC couldn't issue municipal bonds.
List of land owners from a May 2021 RCID Board meeting...
None of the land owners that are governmental bodies would pay property taxes, including RCID.
The State of Florida doesn't pay property taxes to Leon County on all the land it owns in the county.
Domain was registered in 2006, earliest Internet Wayback Machine entry is April 7 2022
Tha Realest
Well-Known Member
It should be pretty easy to establish whether or not they were mailed the development agreement that was voted on in January and February of this year.
MrPromey
Well-Known Member
I never said it was but what you said was "That's akin to saying roads in neighborhoods aren't public."
I'd say my neighborhood has a lot more in common with what most people would call a neighborhood than WDW does but whatever.
For someone jumping all over my words for some weird reason, you sure don't seem to be choosing your own very well.
Congratulations!
GOLD STAR!!!
HECK, THREE GOLD STARS!!!
So Disney as a private company cannot issue bonds - GREAT, WE AGREE!
RCID does not pay taxes for the property it owns - GREAT, WE AGREE!
RCID could (when it still existed) issue public bonds - I THINK we agree?
So if RCID did not exist and Disney wanted state-of-the-art Parking Garages for its Disney Springs or a special overpass right near the parking entrance to MK, do you think they would have:
A) handed over that land to the county and asked them to build them?
B) kept the property private and built them, themselves?
If B, we can agree Disney would not have been able to issue public bonds themselves since they are a private company, right? That means they would have had to pay directly up front or taken on their own debt to finance them, right? They also would be paying property taxes on them, right?
That's a unique benefit, for the area they have/had, in that they have their own government entity that essentially serves at their (Disney's) pleasure, wouldn't you say?
I can't imagine them going with option, A - can you? I don't even want to imagine it, personally given the way public works usually unfold.
Again, I was happy with the arrangement. I don't agree with Capt. I have no argument against how things worked moral or otherwise but I'm not pretending to be totally blind to his position.
I think it's okay to disagree with someone without having to pretend they're taking crazy pills.
Anyway, I'm out - if you want to find something new to disagree with that I've written, knock yourself out but for the record - I DID NOT WANT THE DISILLUSION OF THE RCID. I FELT IT WAS A BENEFIT TO DISNEY, THE STATE, THE GUESTS AND THE SURROUNDING COMMUNITY. I DO NOT AGREE WITH OUR GOVERNOR'S ACTIONS IN ANY WAY REGARDING THIS...
Want to make that clear so nobody says "are you suggesting" or otherwise tries to put words in my mouth. The bold part above is my position - nothing else suggested or implied.
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Vegas Disney Fan
Well-Known Member
I wonder if any states are talking to Disney behind the scenes about granting incentives to open a new park in their states? A third US park is highly unlikely but if a state could convince them it would be very smart move from a tourism perspective.
After the garage debacle and the hotel debacle I thought Disney would be crazy to invest any more than necessary (to maintain current attendance) in Anaheim, now I think they’d be crazy to invest any more money than necessary in FL either.
The fact they’re working towards Disneyland forward proves Disney forgives and forgets political battles, so Orlando likely won’t suffer from this long term, but I’d be looking for a more friendly environment to invest in if I were Disney.
After the garage debacle and the hotel debacle I thought Disney would be crazy to invest any more than necessary (to maintain current attendance) in Anaheim, now I think they’d be crazy to invest any more money than necessary in FL either.
The fact they’re working towards Disneyland forward proves Disney forgives and forgets political battles, so Orlando likely won’t suffer from this long term, but I’d be looking for a more friendly environment to invest in if I were Disney.
A simple email or phone call would do.
The part about land owners that are governmental bodies like RCID wouldn't pay property taxes doesn't appear to be accurate.
For example, attached is a parcel owned by RCID, as you can see they definitely pay property taxes on the parcel.
Orange County Property Appraiser
EDIT: Looks like I am partially wrong. The Orange Parking Garage in Disney Springs, that parcel is owned by RCID and has a property tax exemption. My bad.
EDIT II: It appears that the district pays property taxes on properties that house municipal services like sewer and water that benefit the district. But the parking garages, for example, were granted property tax exemptions because they were seen as a benefit to the county at large providing parking to area residents who could visit/eat/shop at Disney Springs.
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