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

Californian Elitist

Californian Elitist

Well-Known Member
SpectroMagician said:
Sexual orientation = your sexual desires, aka talking about who you want to have sex with. The lie you are pushing is that its ok to talk about who you like to sleep with to little kids.
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No Name

No Name

Well-Known Member
GimpYancIent said:
I thought everyone would be most interested in the economic impact of this legislation (as in money / taxes) but I see the threads discussion has meandered off into the swamps.
" According to Orange County Tax Collector Scott Randolph. He added that there would be zero fiscal gain for the county. “If that district goes away, it is zero revenue, but they take on all the debt and all the obligation,” Randolph said that financial obligation is about $105 million a year to operate services in Reedy Creek. For example, the district runs its own fire department, sewer services and handles all the road maintenance. Additionally, Randolph said the county would also be taking on, potentially, $1 billion to $2 billion in bond debt. If the county is absorbing additional costs from Reedy Creek, Randolph said the money is going to have to come from somewhere. “If Reedy Creek is dissolved, my guess would be Orange County would have to raise property taxes 15 to 20%; now that’s not your whole tax bill, right, because your tax bill involves school and other things, but your Orange County government portion of your tax bill will probably have to go up 15 to 20% to take on that cost,” he said."
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It’s not surprising that people here aren’t interested in the economic impact because the person/people who called for the creation of this bill weren’t interested in the economic impact. Unfortunately the economic impact is a side effect of the bill and not the driving force behind it.

Also, passing a law as a form of retaliation is a violation of the first amendment so I’d hope this doesn’t even hold up in court.
 
HauntedPirate

HauntedPirate

Park nostalgist
Premium Member
Pardon my French, but what the **** does any of this have to do with the bill to dissolve the RCID? Stop feeding the troll, toss his *** on Ignore, and let's move on. Most of the last 6 pages are going to be wiped out anyway, before the thread most likely gets locked again thanks to someone who, for who knows what reason, decided talking about an unrelated bill was appropriate for this thread.
 
UNCgolf

UNCgolf

Well-Known Member
Brian said:
Can you shed any light on why the counties would be forced to assume the RCID's debts and functions in the event of it being dissolved, yet not be entitled to the future/additional tax revenue which had been paid to RCID in the past for those same functions? If I'm not mistaken, that is the position that the OC Tax Collector has taken.

*Any answer is pro-bono.
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Dying at the asterisked disclaimer.

Don't know the answer to that, though, especially off the top of my head -- not really related to my general practice area at all. I imagine it's mainly Florida specific law related to taxation policy.
 
lazyboy97o

lazyboy97o

Well-Known Member
Brian said:
Can you shed any light* on why the counties would be forced to assume the RCID's debts and functions in the event of it being dissolved, yet not be entitled to the future/additional tax revenue which had been paid to RCID in the past for those same functions? If I'm not mistaken, that is the position that the OC Tax Collector has taken, but that strikes me as odd.

*Any answer is pro-bono.
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Because they’re completely separate taxes created by a completely separate entity. The counties already get their full property taxes as assessed. A portion of the county taxes are not diverted to the District.
 
Brian

Brian

Well-Known Member
lazyboy97o said:
Because they’re completely separate taxes created by a completely separate entity. The counties already get their full property taxes as assessed.
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In that case, I would imagine that the counties would have to somehow leverage a deal wherein Disney starts forking over similar amounts to what they were paying RCID. It would be unreasonable to expect the counties to take on all that debt and increased operating expenses without any additional tax revenue.

Though admittedly, I am not familiar with Florida tax/administrative law, so it may be perfectly legal to dump that all on the counties without any additional revenue. The law doesn't always necessarily line up with what is reasonable or fair.

It's too bad that this whole process is being rushed so aggressively - the legislature should be working through these matters with the stakeholders and come up with a plan to address them in advance.
 
lazyboy97o

lazyboy97o

Well-Known Member
Brian said:
In that case, I would imagine that the counties would have to somehow leverage a deal wherein Disney starts forking over similar amounts to what they were paying RCID. It would be unreasonable to expect the counties to take on all that debt and increased operating expenses without any additional tax revenue.

Though admittedly, I am not familiar with Florida tax/administrative law, so it may be perfectly legal to dump that all on the counties without any additional revenue. The law doesn't always necessarily line up with what is reasonable or fair.
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As of right now, dumping it on the counties is the plan, which is why these statements are being made. And it’s not just the plan for Orange and Osceola counties but any other county which has an affected special district.

Since this is specifically about retribution, I don’t think it’s a stretch to think these same legislators and the governor would fight any attempts by Orange County to offset the impact. Why would they not want to also punish a county that has been vocal in disagreement on a number of issues?
 
G

GimpYancIent

Well-Known Member
Interesting to me is the fact everyone is focused on RCID, Orange County and Disney when there are other districts impacted by this legislation. Disney does not have an exclusive on impact. "Florida House leaders said the new law would impact five special districts: Reedy Creek Improvement District, Bradford County Development Authority, Sunshine Water Control District in Broward County, Eastpoint Water and Sewer District in Franklin County, and the Hamilton County Development Authority."
 

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