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

[peter11435]

What others seem to be missing it that although Disney pays some tax to Orange County, it’s exempt from most Orange County tax. NBC News explains this:

State Rep. Spencer Roach, a Republican from Southwest Florida who first raised the issue of ending Disney’s taxing district, said the district has allowed the corporation to avoid as much as $200 million in property taxes that Orange and Osceola counties would otherwise collect. He pointed out that other theme parks in the Orlando area already pay property taxes; only Disney is exempt.​

RCID is budgeting $164M, which it collects from the district’s businesses (mostly Disney) and a handful of property owners:

View attachment 634550

Instead of paying RCID, these businesses and residents would pay their taxes directly to Orange County.

There’s a gap between what Disney currently pays to RCID (i.e. most of the $164M) and what Orange County potentially could collect ($200M per the NBC News article). Potentially, Disney could see a tax increase.

Disney controls RCID. Through its selection of RCID Board of Supervisors (for example, the board head, Donald R. Greer, has been there for decades), Disney decides who sits on the board and effectively controls how much is budgeted for roads and services.

Long term, the loss of RCID would mean that Orange County would set the tax rate for Disney (as it does for all businesses within the county). Orange County has to be fair, it can't "screw" Disney, but the loss of RCID would mean that Disney would no longer control its own tax rate. Presumably, RCID is run more efficiently than Orange County, so Orange County is going to charge more than RCID.

Disney is not going to eat any potential tax increase. Instead, anyone who vacations at WDW will in the form of higher prices.

I don’t think you should take Mr. Roach’s word for anything. He also recently stated that Disney was spending hundred of millions on a new movie studio, office building, and fourth Disney hotel. He said this in support of removing RCID. He was obviously referring to the Lake Nona project even though it and it’s incentives are unaffected by this bill. He clearly lies and does not know what he is talking about.

 

[lazyboy97o]

Long term, the loss of RCID would mean that Orange County would set the tax rate for Disney (as it does for all businesses within the county). Orange County has to be fair, it can't "screw" Disney, but the loss of RCID would mean that Disney would no longer control its own tax rate.

Orange and Osceola County already sets Disney’s tax rate. There’s a reason tax officials from Orange County are pointing out the discrepancy.

Your wrong on that but OK

"Beyond a loss of control, the repeal of the Act (and destruction of the RCID) would mean that Disney would have to pay fees and taxes it doesn’t currently pay. For example, without the RCID, Disney would have to pay impact fees to Orange and Osceola counties. These are one-time payments that developers make to “offset the cost of public services like roads.” Under the RCID, Disney doesn’t have to pay impact fees. (Orlando Sentinel)"

Disney doesn’t pay impact fees because they pay 100% of the cost of that infrastructure.

 

[peter11435]

Let’s Go Brandon means F*@k Joe Biden. Disney does not allow that kind of language. Next your going to tell me Big Johnson shirts are innocent shirts supporting various leisure activities and not an attempt to be hyper sexual. I’m guessing you would also be ok with people walking around the park in those too?

Dude I said nothing even remotely like that. I stated a fact. Disney not not prohibit political messages on attire. Offensive attire is prohibited.

 

[peter11435]

Your wrong on that but OK

"Beyond a loss of control, the repeal of the Act (and destruction of the RCID) would mean that Disney would have to pay fees and taxes it doesn’t currently pay. For example, without the RCID, Disney would have to pay impact fees to Orange and Osceola counties. These are one-time payments that developers make to “offset the cost of public services like roads.” Under the RCID, Disney doesn’t have to pay impact fees. (Orlando Sentinel)"

Im actually not wrong on that.

Impact fees as your quote points out are one time payments when projects are built. Disney would be required to pay no impact fees for development and assets that already exist on its property. And they didn’t need to pay impact fees when they initially built them because they funded the infrastructure supporting them.

 

[marymarypoppins]

Im actually not wrong on that.

Impact fees as your quote points out are one time payments when projects are built. Disney would be required to pay no impact fees for development and assets that already exist on its property. And they didn’t need to pay impact fees when they initially built them because they funded the infrastructure supporting them.

You highlighted the and taxes part and yet completely skipped that point. Also for the record I am someone who supports the Parent Rights Bill but opposes taking this from Disney no matter how WOKE they like to pretend they are.

 

[the_rich]

Great point!

But Disney does pay ad valorem taxes to RCID and is exempt from many Orange County taxes. (It does pay some.)

The elimination of RCID would result in additional tax dollars being collected by Orange County, although I don’t think anyone at this time is sure exactly how much.

Orange County is right to be cautious. This is happening much too quickly for them to know exactly what the end result will be.

But that’s a reason why, if the law passes, it does not affect RCID until 2023. Both sides will have time to figure out if the elimination of RCID is a good or bad thing for them.

It also gives Disney time to reapply for special district status. If both sides kiss and makeup before then, this will get approved and not much will have changed.

We understand why DeSantis is pushing this through so quickly. (To score political points.)

But Disney or Orange County (or both) could be the ones left holding the bag if this unravels.

It does not let them collect extra taxes from disney. I posted a quote from the orange county tax collector yesterday. The $105 million that disney pays rcid would not be paid anymore. But Orange County would still have to provide the services. It would 100% fall on the counties without any additional revenue. That isn't even counting the bonds they would now be responsible for paying back.

 

[Diamond Dot]

You are making stuff up. https://disneyworld.disney.go.com/index.php/faq/parks/recommended-dress/

Then it's been changed, because attire that had a political message was once banned.

 

[CaptainAmerica]

What others seem to miss it that although Disney pays some tax to Orange County, it’s exempt from most Orange County tax. NBC News explains this:

State Rep. Spencer Roach, a Republican from Southwest Florida who first raised the issue of ending Disney’s taxing district, said the district has allowed the corporation to avoid as much as $200 million in property taxes that Orange and Osceola counties would otherwise collect. He pointed out that other theme parks in the Orlando area already pay property taxes; only Disney is exempt.​

RCID is budgeting $164M in 2022, which it collects from the district’s businesses (mostly Disney) and a handful of property owners:

View attachment 634550

Instead of paying RCID, these businesses and residents would pay their taxes directly to Orange County.

There’s a gap between what Disney currently pays to RCID (i.e. most of the $164M) and what Orange County potentially could collect ($200M per the NBC News article). Potentially, Disney could see a tax increase.

Disney controls RCID. Through its selection of RCID Board of Supervisors (for example, the board head, Donald R. Greer, has been there for decades), Disney decides who sits on the board and effectively controls how much is budgeted for roads and services.

Long term, the loss of RCID would mean that Orange County would set the tax rate for Disney (as it does for all businesses within the county). Orange County has to be fair; it can't "screw" Disney. However, the loss of RCID would mean that Disney would no longer control its own tax rate. Presumably, RCID is run more efficiently than Orange County, so Orange County probably will end up charging more in taxes than RCID.

Disney is not going to eat any potential tax increase. Instead, anyone who vacations at WDW will in the form of higher prices.

Maybe @lazyboy97o will believe it when you say it. He seems to think (because he explicitly said) that I'm making things up.

 

[BuddyThomas]

I have seen many VERY inappropriate shirts with sexually explicit phrases during "Gay Days." I'm not talking about people wearing red or having pride statements. I'm talking about stick figures illustrating intimate activities and shirts with explicit text. Disney doesn't do a thing about them so they shouldn't have any problem with "Let's go Brandon." What if they are just fans of Brandon Jones? He did win another Xfinity series race a few weeks ago.

That’s funny. I’ve been to nearly every Gay Days for at least the past 20 years, excluding the pandemic and have never seen shirts like the ones you describe. On the other hand, we have at least one member on this site who has bragged over and over again about how he bounces around all the theme parks decked out from head to toe in Trump memorabilia. Strange, huh?

 

[lazyboy97o]

Great point!

But Disney does pay ad valorem taxes to RCID and is exempt from many Orange County taxes. (It does pay some.)

The elimination of RCID would result in additional tax dollars being collected by Orange County, although I don’t think anyone at this time is sure exactly how much.

Orange County is right to be cautious. This is happening much too quickly for them to know exactly what the end result will be.

But that’s a reason why, if the law passes, it does not affect RCID until 2023. Both sides will have time to figure out if the elimination of RCID is a good or bad thing for them.

It also gives Disney time to reapply for special district status. If both sides kiss and makeup before then, this will get approved and not much will have changed.

We understand why DeSantis is pushing this through so quickly. (To score political points.)

But Disney or Orange County (or both) could be the ones left holding the bag if this unravels.

Taxes aren’t some secret. It should be pretty obvious which ones are not being collected, especially to the people tasked with collecting those taxes.

You don’t do something first and thing figure out the consequences.

 

[the_rich]

Yet nothing in the actual bill is homophobic.

The intent of it is. Plain and simple.

 

[lazyboy97o]

If eliminating RCID means that Disney pays $105M less every year in taxes, then Disney’s BOD and shareholders should be 100% behind it.

There’s a value to control and predictability.

 

[CAV]

Then it's been changed, because attire that had a political message was once banned.

LOL!!!!!

 

[peter11435]

You highlighted the and taxes part and yet completely skipped that point. Also for the record I am someone who supports the Parent Rights Bill but opposes taking this from Disney no matter how WOKE they like to pretend they are.

What point do you think I skipped? Disney pays taxes to the county. RCID is not intended as a take break.

 

[Casper Gutman]

I'm sure this has been covered, but how does the bill deal with all the other districts that will be effected, the ones established after the arbitrary cut-off date?

 

[Sirwalterraleigh]

Q has entered the chat….

Winner

IOU a drink in R&C

I’m buying for the whole god damn bar…and I’ll play “Rule, Britannia!!” on the piano…

(I don’t play the piano)

 

[lazyboy97o]

Newspapers, politicians, and government officials are saying a lot without really knowing what they are talking about. Alternatively, some are intentionally lying because they are trying to influence the outcome.

At this point, I’m only sure about two things.

First, DeSantis is pushing this through to score political points.

Second, no one has a clear and complete understanding of what eliminating RCID really means. This is just happening too quickly.

I think this is one of the reasons this would not take effect until next year. Both sides have a chance to cleanup if this becomes a train wreck.

12 months from now, we might see Disney approved as a new special district without much changing.

I don’t think anyone really knows at this point, but they are really passionate about it!

This is nonsense. There are people in Orange County charged with assessing and collecting taxes. They have no personal say in what taxes get assessed. They have nothing to gain from lying but you call them liars because are openly acting in bad faith.

 

[peter11435]

I'm sure this has been covered, but how does the bill deal with all the other districts that will be effected, the ones established after the arbitrary cut-off date?

The bill does not apply to districts created after 1968

 

[peter11435]

Maybe @lazyboy97o will believe it when you say it. He seems to think (because he explicitly said) that I'm making things up.

So do you disagree with the tax officials in orange and Osceola county?

 

[Casper Gutman]

The bill does not apply to districts created after 1968

That's what I meant by the "cut-off date." But there are other districts effected, no?