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

[DisneyDebRob]

Only problem is the article makes some sky is falling assumptions about what are unknowns. The biggest unknown is what will happen to the supposed 1 billion in debt that Reedy Creek apparently has. As nothing like this has ever happened in Florida before no one will have a clue what will actually be done to address it. It could go in many different ways, the worst case for the people of Florida would be for the debt to just be allocated to the counties that Reedy Creek falls in, the best would be for the state to enact a special tax area where property taxes in the former Reedy Creek area would be increased above the normal rate in the area temporarily to cover the debt that Reedy Creek had generated while in existence. But at this point I doubt the state has given much thought in how they will deal with the problems the change will create. They do have a little over 12 months to figure it out, but whether they will be able to come up with a solution that quickly is unknown.

Thats what most articles do, tout the unknown. They are basing the predictions on what they know now as i said in my post. There are unknowns, but IMO I don’t think they can manage the amount of problems they will see in one year. It takes Disney 3 years to construct a kiosk anymore and people are expecting this to be figured out by june of next year? No chance.

 

[Polkadotdress]

For every one person who crows "Chapek is getting what he deserves!!", I cringe because this effects so much more than Chapek. No one is considering the fact that the Reedy Creek personnel are likely worried about their jobs. Or that homeowners (like me ) are worried about increased taxes.

Florida has literally created a real-life BREXIT scenario, in which something was voted into being before the details could be worked out. And that's, quite frankly, scary.

 

[lazyboy97o]

There is still a year for negotiation on this whole debacle.

I find it hard to believe a lawyer like Desantis simply didn't think about the effects of this decision. Though, there are plenty, I'm sure, that believe Desantis is just a moron in a clown suit stumbling around making willy nilly decisons at the drop of a hat.

I'm guessing the play he made could serve his purpose in a public relations sense, but, a year of negotiation could make the tax changes basically disappear into the vapor. Not sure if that makes me an optimist or a pessimist, lol....You know, politicians are involved.

Without more special sessions there is not a year to “negotiate”. If DeSantis had a plan he should have shared it by now, not be keeping it a secret. It should have been part of the legislation, not held off for later.

 

[peter11435]

There is still a year for negotiation on this whole debacle.

I find it hard to believe a lawyer like Desantis simply didn't think about the effects of this decision. Though, there are plenty, I'm sure, that believe Desantis is just a moron in a clown suit stumbling around making willy nilly decisons at the drop of a hat.

I'm guessing the play he made could serve his purpose in a public relations sense, but, a year of negotiation could make the tax changes basically disappear into the vapor. Not sure if that makes me an optimist or a pessimist, lol....You know, politicians are involved.

I think it’s pretty clear that DeSantis didn’t really think about this decision. The state legislature admitted they didn’t fully understand how the district operated, they fully admitted they did not do a full economic impact assessment, they fully admitted they did not meet with any of the necessary stakeholders or affected jurisdictions, they admitted they would spend the next year figuring out the details. That last part is a lie since they won’t even reconvene until next March. DeSantis has also admitted that before a month ago he didn’t even know the name of the Reedy Creek Improvement District. He also keeps saying he has a plan but nobody within the legisture or administration seems to know what that plan is. On top of all that DeSantis and several state legislators and officials have made statements proving they are either misinformed or blatantly lying.

If he thought this through and had a plan it should have been presented. Right now millions of Floridians are worried about their taxes, thousands of Floridians are worried about their jobs, and several counties/districts/state agencies have no idea what the future holds.

And that ignores the biggest issue with all this…. Who’s next?

 

[wdwmagic]

Well bringing this very much back to WDW, this gives Disney yet another reason to make significant cut backs to WDW going forward. I am hearing this is already concern about the future.

 

[Prince-1]

I think it’s pretty clear that DeSantis didn’t really think about this decision. The state legislature admitted they didn’t fully understand how the district operated, they fully admitted they did not do a full economic impact assessment, they fully admitted they did not meet with any of the necessary stakeholders or affected jurisdictions, they admitted they would spend the next year figuring out the details. That last part is a lie since they won’t even reconvene until next March. DeSantis has also admitted that before a month ago he didn’t even know the name of the Reedy Creek Improvement District. He also keeps saying he has a plan but nobody within the legisture or administration seems to know what that plan is. On top of all that DeSantis and several state legislators and officials have made statements proving they are either misinformed or blatantly lying.

If he thought this through and had a plan it should have been presented. Right now millions of Floridians are worried about their taxes, thousands of Floridians are worried about their jobs, and several counties/districts/state agencies have no idea what the future holds.

And that ignores the biggest issue with all this…. Who’s next?

DeSantis did think it through but not in regards to how it affects the people of Orange County or Florida for that matter.

 

[Brian]

Can the state create a new taxing district (local or otherwise) in which to place the former RCID and use it to insulate the counties from harm by collecting status quo taxes or target TWDC with an increased tax burden?

For anyone that still has a hard time with whats true and not true about taxes.. Reedy Creek.. etc.. heres a good article explaining exactly everything. Few things still not known of course like what will be done in the way of laws or new bills before june 2023.

Disney World Losing Its Special District Status Could Be ‘Catastrophic’ For Local Taxpayers

Orange County, Florida, taxpayers could see their property taxes go up by as much as 25%, while Disney would save $163 million per year.

www.forbes.com

I believe the plan (as proposed by the governor) is to create a new special district without some of the controversial "special powers." This would mean that the county taxpayers would avoid being saddled with RCID's debt.

 

[Polkadotdress]

I think it’s pretty clear that DeSantis didn’t really think about this decision. The state legislature admitted they didn’t fully understand how the district operated, they fully admitted they did not do a full economic impact assessment, they fully admitted they did not meet with any of the necessary stakeholders or affected jurisdictions, they admitted they would spend the next year figuring out the details. That last part is a lie since they won’t even reconvene until next March. DeSantis has also admitted that before a month ago he didn’t even know the name of the Reedy Creek Improvement District. He also keeps saying he has a plan but nobody within the legisture or administration seems to know what that plan is. On top of all that DeSantis and several state legislators and officials have made statements proving they are either misinformed or blatantly lying.

Desantis was on Tucker Carlson last night, and Tucker intro'd him by saying thanking him for "Wanting a public corporation to pay their taxes." Meanwhile DeSantis shared that "Disney had an extraordinary deal. (Among other things) they didn't have to go through permitting processes, which is obviously a lot of tax benefit."

So much misinformation between these two...

 

[Club34]

The Disney defenders want it both ways: they want the state to have complete autonomy over how, what, and when to introduce complex (and debated) gender and sexual issues to your children, but then take a hands off approach towards the basic governance affecting huge, multi billion dollar corporations.

The opposite is also true of "Disney antagonists". Now all of sudden the "let's make life for big business as easy as possible because jobs/economy" crowd are all "no special treatment because reasons" as if Disney is the only business to ever get a sweetheart deal. Yeah, both ways goes both ways...and that, ironically, sounds like it shouldn't be talked about in schools.

For every one person who crows "Chapek is getting what he deserves!!", I cringe because this effects so much more than Chapek. No one is considering the fact that the Reedy Creek personnel are likely worried about their jobs. Or that homeowners (like me ) are worried about increased taxes.

Florida has literally created a real-life BREXIT scenario, in which something was voted into being before the details could be worked out. And that's, quite frankly, scary.

It's as if everyone is acting on emotion and/or bad faith positions and steering away from the actual kernels of truth in the various positions from this complex issue. What could possibly go wrong? The evidence/conditions on the ground appear to show we simply are incapable of nuance at this juncture. There will be no innocent bystanders and everyone will suffer unless folks exhale and take 1 step back to examine and unpack this with other folks they may disagree with. It's a huge ask but what is the alternative. The path we appear to be on with this issue and so many other big issues of the day appears to be untenable.

 

[danlb_2000]

Let’s make a few minor substitutions and see how this logic holds up:

“I feel sorry for children raised without being exposed to religion. If they turn out to not have well defined understanding of God life will be hard for them. We should be looking at how to have more open discussion about Creationism instead of passing laws to restrict it.”

I am all for teaching ABOUT religion in public schools as long as it's not promoting any one religion as being the correct one. You can get along fine in life without having strong religious beliefs, but you will have a hard time if you don't understand religion's role in society.

 

[Surferboy567]

I was thinking about what everyone was saying about Disney not responding to this. While I agree that the response is definitely different then they probably expected they do plan on fighting this though right?

So even if they don’t make a statement now they will have to during court if they end up pursuing that option. I’m curious on how they plan on taking action against this they clearly have a variety of options.

 

[Sirwalterraleigh]

That area is doing JUST FINE without that campus.. it's not going to miss Disney.

I hope that campus is done…never wanted it there because it was bull crap corporate politics on the opposite side…

But that area - as with 90% of central Florida - exists because Disney is there.

Orlando residents tend to be awful at historical context.

 

[chrisvee]

How are the sign not to code?

That didn’t happen.

No, the state cannot just create an area that taxes more. Those extra taxes have to be for a purpose.

No, it doesn’t matter. They outright said it is about Disney. That they threw some others under with them doesn’t matter. It would help if they were being sneaky about it but they said it out loud.

Let me state clearly that I disagree with what FL has done. I believe it’s retaliatory and an infringement of 1A. I also think it’s financially foolish. Nor do I believe FL was teaching ‘sex’ to 5 year olds and under.

I’m trying to assess how empty the governor’s threats are.

I’m not talking about creating taxes out of the nothing.

In PA (and I assume other states) we certainly have local jurisdictions that collect fees for sewer/water treatment, trash, and some other services plus taxes for earned income that are not part of the county and property tax assessments.

I’m not a tax expert I’m hoping someone on this board knows more and can share info.

 

[lazyboy97o]

I was thinking about what everyone was saying about Disney not responding to this. While I agree that the response is definitely different then they probably expected they do plan on fighting this though right?

The District itself would likely fight it first.

 

[Sirwalterraleigh]

I am all for teaching ABOUT religion in public schools as long as it's not promoting any one religion as being the correct one. You can get along fine in life without having strong religious beliefs, but you will have a hard time if you don't understand religion's role in society.

You cannot teach world history without religion…but it should restricted to what men did in the name or it or because of it.

And the psychology of charity and community…I recognize the good and the bad

 

[lazyboy97o]

Desantis was on Tucker Carlson last night, and Tucker intro'd him by saying thanking him for "Wanting a public corporation to pay their taxes." Meanwhile DeSantis shared that "Disney had an extraordinary deal. (Among other things) they didn't have to go through permitting processes, which is obviously a lot of tax benefit."

So much misinformation between these two...

How can you have a plan if you don’t even know where you are starting?

 

[Sirwalterraleigh]

The District itself would likely fight it first.

The whole thing will go kaput when the self determination caveat/language is upheld in federal court. Disney probably won’t be the face of that…nor shouldn’t.

The business side of This is more interesting…that stock is down $81 in a year and that year has been 100% compete “funny money” for the drunken wolves of Wall Street.

Alert: condition red for slaps

 

[peter11435]

Desantis was on Tucker Carlson last night, and Tucker intro'd him by saying thanking him for "Wanting a public corporation to pay their taxes." Meanwhile DeSantis shared that "Disney had an extraordinary deal. (Among other things) they didn't have to go through permitting processes, which is obviously a lot of tax benefit."

So much misinformation between these two...

A blatant lie since Disney did pay their taxes and Disney does go through permitting processes.

 

[Sirwalterraleigh]

Desantis was on Tucker Carlson last night, and Tucker intro'd him by saying thanking him for "Wanting a public corporation to pay their taxes." Meanwhile DeSantis shared that "Disney had an extraordinary deal. (Among other things) they didn't have to go through permitting processes, which is obviously a lot of tax benefit."

So much misinformation between these two...

Anyone still questioning the nonsense/stupidity of this now??

 

[Sirwalterraleigh]

A blatant lie since Disney did pay their taxes and Disney does go through permitting processes.

Lies are the m.o. south of the Orange stand these days…are they not?