top | item 31182305

(no title)

dave5104 | 3 years ago

Not sure where that idea comes from, but Disney absolutely pays taxes and your claim is false. In fact, the special tax district is allowed to (and does) charge Disney additional taxes over the state maximum to provide services like utilities and infrastructure.

Removing the tax district means it is illegal for Orange/Osceola Counties to continue charging the extra taxes to Disney to pay for their infrastruture.

If anything, it's a financial sweetheart deal for Florida, not for Disney. The thing Disney gets out of it is being able to maintain their property to the standard of their liking.

discuss

order

daenz|3 years ago

If it's not beneficial in any way for Disney, then why are they saying they are being retaliated against? You're attempting to paint the removal of these special corporate privileges as a positive thing for Disney. If that's the case, then the State is doing them a favor, and it's not retaliation from Disney's perspective.

dave5104|3 years ago

It is beneficial, just not from a financial aspect.

With Reedy Creek, Disney doesn't need to worry about whether local politicians will approve expansions or meet the needs of the Walt Disney World complex since the local government is purely serving Disney.

If you take a look at Disneyland in California, Disney is going up against Anaheim and Orange County councils on a pretty routine basis to get new things built.

colburnmh|3 years ago

So, what's your opposition to the special district that provides Disney with the ability to maintain it's property is a manner that is consistent with their business needs--which surpass the normal requirements of either Orange or Osceola counties?

Sure it's a benefit to Disney, but it's also a benefit to the county taxpayers:

* Disney subsidizes both counties' services and infrastructure by paying property taxes to pay for services/infrastructure, but not consuming them, or contracting for them where needed.

* Allows counties to avoid costly legal and procedural issues when Disney wants to add new features, attractions, or services at their park, or wish to ensure consistency of services provided by the two different counties.

So, what is the crux of your objection?

codeguro|3 years ago

Yeah, I'm sure that not following the building codes in the state of Florida is financially beneficial to Disney.

> Not sure where that idea comes from, but Disney absolutely pays taxes and your claim is false.

It is absolutely true. Stop lying.

> The thing Disney gets out of it is being able to maintain their property to the standard of their liking.

The district, in turn, provides services, including fire response, emergency medical services, water and sewage treatment, and can issue municipal bonds to finance infrastructure projects, which comes with tax advantages which are shared by no other corporation or individual in the nation. The arrangement gives Disney control over municipal services and autonomy when it comes to how the land is used and developed, exempting it from a number of regulations. Again, a privilege enjoyed exclusively by Disney Corp.

colburnmh|3 years ago

> > Not sure where that idea comes from, but Disney absolutely pays taxes and your claim is false.

> It is absolutely true. Stop lying.

Disney paid $780 million dollars in state and local taxes in FY 2021. Florida law does not allow an entity to be charged a different county property tax rate than other citizens. That's why, if the special district is dissolved, every property owner in Orange and Osceola will be facing a 20% property tax hike: the counties can't simply charge Disney a higher property tax rate to cover the costs of providing Disney infrastructure and services.

> which comes with tax advantages which are shared by no other corporation or individual in the nation.

You mean not shared by any of the 1844 other special districts in Florida, including Sea World, Universal, and other theme parks, HOAs, fire and water districts, law libraries, energy facilities, etc.?

Can you be more explicit about the tax advantages of municipal bonds compared to corporate bonds that you are referring to? You make an overly broad claim, here.

> Again, a privilege enjoyed exclusively by Disney Corp.

And, again, you are wrong. That privilege ("right", really, since it's enshrined in law), is afforded to a number of other entities in Florida (see above). And similar arrangements exist in many, if not most, other states.