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

[afterabme]

While on the topic of Reedy Creek utilities, kind of surprising to hear the RCES agreement was extended until 2032 in that same Feb 8 meeting.

 

[wdwmagic]

The board listening to all this financial briefing "I thought we were on the board to shut down movies and Tiana's Bayou Adventure?!?!"

 

[flynnibus]

haha… they locked up the utility too…

And the summation of the legal review is… the rcid did a good job

 

[castlecake2.0]

haha… they locked up the utility too…

And the summation of the legal review is… the rcid did a good job

This guy is so mad that Disney will set electricity rates

 

[afterabme]

The mil rate is being talked about being potentially raised to raise more revenue.

 

[flynnibus]

They said they should hire a rate consultant… because they already said they don’t have the staff internally to do it. The consultants are needed anyway.

Them fearmongering about raising rates… is comical as they spend with lawyers without even blinking

 

[flynnibus]

‘Monetizing some of our assets’

 

[CaptainAmerica]

The mil rate is being talked about being potentially raised to raise more revenue.

I don't mean to pick on you, but why do people keep saying "mil rate"? Where are people getting that word? It's "mill rate."

 

[castlecake2.0]

Now things are starting to get interesting:

Board: we need to look at ways to monetize district assets to pay down money needed for lawyers to fight Disney

 

[CaptainAmerica]

Raising taxes on Disney to pay for attorneys to sue Disney. Oof.

 

[flynnibus]

Notable in the review was disney was 86% of tax revenue… and 81% of utility revenues

Which probably are low in most eyes

 

[castlecake2.0]

Take a shot every time they say illegal and eleventh hour

 

[Surferboy567]

The board did not want to work with Disney. That is a lie.

 

[flynnibus]

They were planning on mutually beneficial changes?? Like the junk they talked about at their victory press conference and the challenges on content…, all made BEFORE they learned of the new disney contracts.

This guy is just whitewashing and spewing his bosses agenda

 

[peter11435]

Raising taxes on Disney to pay for attorneys to sue Disney. Oof.

Is that a little piece of the sky?

 

[CaptainAmerica]

This guy is just whitewashing and spewing his bosses agenda

He sounds like a true believer, too.

 

[flynnibus]

They are really trying to push the idea of reclaiming land to build their housing.

 

[Figgy1]

What do schools have to do with any of this?????????

 

[James Alucobond]

Guys, it's okay. They're just leveling the playing field even though they're looking to pass legislation that specifically targets one company.

 

[Riviera Rita]

They are really trying to push the idea of reclaiming land to build their housing.

Where is the affordable housing being built by Osceola and Orange Counties? Is all that new housing that sprung up just behind the Target Superstore on 192 affordable to locals working at Disney and in the tourism industry? Are all the other providers of tourist entertainment, like US and Sea World also being told to build affordable homes for their employees?