Gary Farmer, D-Lighthouse Point, estimated it would cost the average family in Orange and Osceola counties $2,200 to pick up the district’s outstanding debt and obligations.
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Randy Fine, R-Palm Bay - could provide the intricate details of how Reedy Creek would be dissolved, saying the matter will be hammered out in the next year.ĭemocrats warn property owners could be hit with higher tax bills if Republicans proceed with their plan.
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Jennifer Bradley, R-Fleming Island, and Rep. Legislators spent only two days examining the bill, unveiled on Tuesday, providing little opportunity for public input. The Legislature did not conduct an economic study on the ramifications of dissolving the district. What happens next is unclear, but Orange County’s tax collector and other opponents of the bill say ending Reedy Creek could lead to higher taxes for Orange and Osceola residents.
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Ron DeSantis, who has been battling with the entertainment giant, was expected to sign it into law. uses to self-govern its Florida theme park properties on June 1, 2023. State legislators passed a bill Thursday that dissolves the district The Walt Disney Co.
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Dissolving Walt Disney World’s Reedy Creek Improvement District could saddle local taxpayers with about $1 billion in debt and leave local governments scrambling with how to take over vital services for Florida’s top tourist attraction. Leaders would have to determine what happens to the district’s nearly 400 employees, including about 200 people who work for the Reedy Creek Fire Department.