> Disney would face a higher tax liability, however, the Florida Legislature passed a law several years ago that limits the amount that counties could raise the

> Disney would face a higher tax liability, however, the Florida Legislature passed a law several years ago that limits the amount that counties could raise their property taxes to no more than 10% per year. That would not be enough to cover Reedy Creek's bond debt Reedy Creek's bond debt is covered by the taxes it collects. If Orange County gets those taxes, those bonds are covered. Note that Reedy Creek has been doing property value assessment. That goes away.