4 ms·
I saw a better article in my local newspaper[0]. According to that article, Disney already pays property taxes to both Orange and Osceola county for their prope
by ryaniscool 4y ago
I saw a better article in my local newspaper[0]. According to that article, Disney already pays property taxes to both Orange and Osceola county for their properties inside the respective counties. Essentially, they are double taxed. This is not unusual because this is how it works if you live in an incorporated city in Florida. You pay taxes to both the city and the county. Disney just runs their own little city.
The problem is that the legislator is basically unincorporating the city that Disney runs. This is a huge problem for the counties' taxpayers. They will have to absorb the budget of this now unincorporated city as well as the $1 billion debt.
[0] https://www.floridatoday.com/story/money/business/2022/04/23/disney-desantis-florida-dissolves-reedy-creek-impact/7408784001/ https://www.floridatoday.com/story/money/business/2022/04/23...