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

[Sirwalterraleigh]

I read recently that streaming is quickly losing “steam” as a stock driver in general. The realities of streaming are apparently quickly setting in - They are expensive to maintain and don’t generate a ton of revenue.

Streaming “driving profits” has been kinda an open pyramid scheme by the traders/analysts since day one. They claim huge value on things that can’t create the profit on paper…and likely never will.

Netflix is just the first surfer off the board

 

[the_rich]

For everyone saying differently:

“If Reedy Creek goes away, the $105 million it collects to operate services goes away,” wrote Orange County Tax Collector Scott Randolph. “That doesn’t just transfer to Orange County because it’s an independent taxing district. However, Orange County then inherits all debt and obligations with no extra funds.”

Under state law, Orange County is not allowed to tax Disney extra unless it creates a new special district for Disney. However, to do this, the county would need the property owners inside of Disney (the company) to agree to take back the debt.

If the bond debt falls on Orange County, residents can expect to acquire between $2,200 to $2,800 in extra debt for a family of four.

 

[Angel Ariel]

Why do social issues need to be in a math book?

And don't you think our low actual math skills compared to the rest of the civilized world is more an issue of what we "look like"?

More doing their job teaching kids the actual subject matter and less politics and social engineering.

To the teachers - When the kids get to 100% proficient in math, you can talk your politics, until then shut it and do your jobs.

I’d love to see what these “social issues” in math books supposedly are.

 

[the_rich]

I’d love to see what these “social issues” in math books supposedly are.

DeSantis gave no examples, but one of the companies did. This is from a ny times article.

In one text, cartoon animals help build one another’s confidence in order to cross a wobbly bridge. In another, a cartoon dog movie star says she feels lonely, and other animals offer to befriend her.

 

[flynnibus]

For everyone saying differently:

“If Reedy Creek goes away, the $105 million it collects to operate services goes away,” wrote Orange County Tax Collector Scott Randolph. “That doesn’t just transfer to Orange County because it’s an independent taxing district. However, Orange County then inherits all debt and obligations with no extra funds.”

Under state law, Orange County is not allowed to tax Disney extra unless it creates a new special district for Disney. However, to do this, the county would need the property owners inside of Disney (the company) to agree to take back the debt.

If the bond debt falls on Orange County, residents can expect to acquire between $2,200 to $2,800 in extra debt for a family of four.

Again, it's pointless hand waving though. $2,200 to $2,800 IN DEBT doesn't mean $2,200 to $2,800 in annual COST to each family.

RCID's debt serving in FY21 was 58M... that's the order of magnitude debt cost diffused over the entirety of the counties. Orange County alone has a $147M debt service number for FY22. So the new debt costs are not insignificant - but it's not $2k-$3k per family.

They can create districts for reasons beyond that debt (which wouldn't require the approval of Disney).

What you have here is the local guy saying "please don't do this... bad things happen" because it's literally dumping the problem on his doorstep. He's hyping the dramatics to woo the crowd.

 

[the_rich]

From the head of the Florida Association of Special Districts

Disney could also prevail in court, Ramba said, because state law requires special districts to be dissolved the same way they were created. Reedy Creek, he said, was not created during a special session.

“This is too big of an issue to just say, ‘Hey, we’re gonna get rid of you,’” he said

 

[Tom P.]

From the head of the Florida Association of Special Districts

Disney could also prevail in court, Ramba said, because state law requires special districts to be dissolved the same way they were created. Reedy Creek, he said, was not created during a special session.

“This is too big of an issue to just say, ‘Hey, we’re gonna get rid of you,’” he said

They know they're not going to succeed. Everyone knows they're not going to succeed. And, in reality, I seriously doubt they *want* to succeed. For all the back-and-forth that goes on for political reasons, no one with an interest in Florida wants Disney to do badly. It just wouldn't make any sense. It is all a political stunt. Just as Biden is going to hide behind the court and say, "well, see, we WANTED to keep you safe" while he is actually happy to let the mask mandate expire, DeSantis is going to hide behind the court and say, "we wanted to go after the big bad Disney but those liberal activist judges got in our way."

 

[Sirwalterraleigh]

They know they're not going to succeed. Everyone knows they're not going to succeed. And, in reality, I seriously doubt they *want* to succeed. For all the back-and-forth that goes on for political reasons, no one with an interest in Florida wants Disney to do badly. It just wouldn't make any sense. It is all a political stunt. Just as Biden is going to hide behind the court and say, "well, see, we WANTED to keep you safe" while he is actually happy to let the mask mandate expire, DeSantis is going to hide behind the court and say, "we wanted to go after the big bad Disney but those liberal activist judges got in our way."

100%

This is pure theater

 

[Thelazer]

Here is "the tell", Disney isn't pushing back on this at all.. they are basically taunting him, Daring him to do it.
Why? Because Disney's figured out they have a payday coming by pushing costs off onto Orange County.

 

[LAKid53]

For everyone saying differently:

“If Reedy Creek goes away, the $105 million it collects to operate services goes away,” wrote Orange County Tax Collector Scott Randolph. “That doesn’t just transfer to Orange County because it’s an independent taxing district. However, Orange County then inherits all debt and obligations with no extra funds.”

Under state law, Orange County is not allowed to tax Disney extra unless it creates a new special district for Disney. However, to do this, the county would need the property owners inside of Disney (the company) to agree to take back the debt.

If the bond debt falls on Orange County, residents can expect to acquire between $2,200 to $2,800 in extra debt for a family of four.

I tend to listen to the county tax collectors.

Another issue will be governance. According to Chapter 189, only the Florida Legislature can create independent districts. As WDW is located in more than one county, this is the only type of special district allowed under law.

Statutes & Constitution :View Statutes : Online Sunshine

 

[the_rich]

Here is "the tell", Disney isn't pushing back on this at all.. they are basically taunting him, Daring him to do it.
Why? Because Disney's figured out they have a payday coming by pushing costs off onto Orange County.

They would pay less and still get the services. Only real draw back would be the permit process.

 

[LAKid53]

They know they're not going to succeed. Everyone knows they're not going to succeed. And, in reality, I seriously doubt they *want* to succeed. For all the back-and-forth that goes on for political reasons, no one with an interest in Florida wants Disney to do badly. It just wouldn't make any sense. It is all a political stunt. Just as Biden is going to hide behind the court and say, "well, see, we WANTED to keep you safe" while he is actually happy to let the mask mandate expire, DeSantis is going to hide behind the court and say, "we wanted to go after the big bad Disney but those liberal activist judges got in our way."

Florida statute got in their way.....

 

[the_rich]

I tend to listen to the county tax collectors.

Another issue will be governance. According to Chapter 189, only the Florida Legislature can create independent districts. As WDW is located in more than one county, this is the only type of special district allowed under law.

Statutes & Constitution :View Statutes : Online Sunshine

It's like the tax collector might actually know more about it than a random person on a chat board.

 

[Sirwalterraleigh]

Here is "the tell", Disney isn't pushing back on this at all.. they are basically taunting him, Daring him to do it.
Why? Because Disney's figured out they have a payday coming by pushing costs off onto Orange County.

No…because they’d never allow the dissolution of reedy creek.

Just as a reminder: reedy creek has more regulatory and financial power over any one entity in the US than any other remotely applicable example. And one company has that power.

Never. Next topic.

If that bill had even the slightest chance of forcing it…there would a line of lawyers pouring off the gulfstreams to head straight to the superior/district courts as we speak

 

[LAKid53]

As has been pointed out, the legislature is trying to get around that. They've included a provision that says, "notwithstanding that earlier statute, the district is dissolved." Whether or not that holds up in court, I don't know.

Unfortunately, they just can't say, "we don't care what existing statute says, we're going to dissolve Reedy Creek". They must amend that section of the statute governing how a special district created by act of the Legislature is dissolved if they want to declare by edict it is. Which I'm sure Disney's attorneys will gladly point out in their filing to have the courts void the statute.

 

[SpectroMagician]

Unfortunately, they just can't say, "we don't care what existing statute says, we're going to dissolve Reedy Creek". They must amend that section of the statute governing how a special district created by act of the Legislature is dissolved if they want to declare by edict it is. Which I'm sure Disney's attorneys will gladly point out in their filing to have the courts void the statute.

You do realize that is what a law can do, it can change existing law. The law is literally amending the statute.

They are not just "saying" it, they are passing a law to do it.

 

[mkt]

I’d love to see what these “social issues” in math books supposedly are.

probably discussing binary numbers

 

[LAKid53]

You do realize that is what a law can do, it can change existing law. The law is literally amending the statute.

They are not just "saying" it, they are passing a law to do it.

I've done bill analysis and drafted legislation. When amending law, you strike out or add language to the section of statute being revised.

 

[Figgy1]

Careful, even in the state of Florida those have proven to be corrupt jackasses.

Joel Greenberg (politician) - Wikipedia

en.wikipedia.org

He kept some interesting company

 

[the_rich]

Parental Rights in Education bill. Stop lying and calling it by the other name. That is not journalism to lie like that.

You mean the same way the Aca was branded as Obamacare by its oppponents?