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by colburnmh
1518 days ago
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> They don’t get a lot of financial breaks and what they do get from it is based off efficiency of their models, not some “sweetheart” deal. What tax breaks does Disney get? They pay Orange and Osceola property tax, despite receiving no services or infrastructure support from the county (except those that they contract for). Florida law requires that all property taxes be levied equally, so Disney pays the same rate as everyone else in the counties. The RCID levies additional property taxes on RCID residents (almost all Disney), to pay for the infrastructure it provides to the district. Those amount to ~2-3 times more than the county taxes, and 3 times more than state law would allow the county to charge outside of an independent special district. The ability for the RCID to charge taxes is a result of its status as an "independent" special district, meaning that it has ad valorem taxation rights (the ability to levy taxes on the residents of it's property beyond state and county taxes). Florida state law requires that any special district that is not completely encompassed with a single municipal boundary be chartered as an independent special district. Since Disney's property spans both Orange and Osceola counties, it is required to be an independent special district. Disney could have requested independent special district status, but in this case it was moot. |
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