New Central Florida Tourism Oversight District board outlines its plans as it assumes control over Reedy Creek at Walt Disney World

Apr 19, 2023 in "Reedy Creek Improvement District"

Posted: Wednesday April 19, 2023 10:40am ET by WDWMAGIC Staff

At today's Central Florida Tourism Oversight District board meeting, the new management board outlined several priorities that it hopes to evaluate and implement as it takes over from Reedy Creek Improvement District.

 

The board said that they will aim to provide the governor with a report before the next Florida legislative session so they can make more long-term changes to the legislation of the district.

Here is a run-down of the Central Florida Tourism Oversight District's current plans as outlined at today's meeting:

  • Creating new zoning to develop affordable and workforce housing
  • Creating voting rights for future residents in that housing
  • Developing better traffic solutions for the surrounding counties
  • Reducing the carbon footprint for the district
  • Aligning the district's interests to join Osceola and Orange counties to fight Disney's lawsuits relating to taxes
  • Join the counties and school boards in efforts to create funding for public schools in Central Florida
  • Evaluate regulating Disney like every other business in Central Florida
  • Charging utility rates that are not controlled by Disney
  • Evaluate providing more transparent to the districted governors
  • Implementing new accounting standards
  • Increasing the district revenues
  • Evaluate how to monetize assets of the districts to pay off debts

The board also revealed that Disney created an agreement with Reedy Creek Improvement District prior to the arrival of the new board to set their own utility rates. Board member Martin Garcia said, "Disney is going to tell the governing body what utility rates they are going to pay and what everyone else in the district is going to pay."

We expect to hear more on many of these points during the presentations later this morning at the board meeting.

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GoneViral15 hours ago

Happy days are here again.

MR.Dis16 hours ago

I just read a report that the CFTOD meeting was a boring managing the district business, just like the old RCID days. No protests and very little attendance. No mention of the pending negotiation of the developement agreement.

DCBaker2 days ago

The agenda and documents for the CFTOD Board of Supervisors meeting is now available at the link below. Included in this packet are documents related to the FY2023 Annual Financial Statement presentation and an annual audit by Cherry Bekaert, LLP. As a head's up, the meeting has shifted an hour from previous times - it is scheduled to begin at 10:30am. https://www.oversightdistrict.org/wp-content/uploads/2024/04/BOS-Meeting-Packet-4-24-24-Final-P.pdf

flynnibus7 days ago

Looks to be moved https://www.oversightdistrict.org/wp-content/uploads/2024/04/BOS-Meeting-04-24-24-Agenda-Outline.pdf

wdwmagic7 days ago

Amazing, there is actually some real business on the agenda for a change.

DCBaker7 days ago

The agenda outline for the next CFTOD meeting on Wednesday, April 24 is available at this link*: https://www.oversightdistrict.org/wp-content/uploads/2024/04/BOS-Meeting-04-24-24-Agenda-Outline.pdf *Edited to update as the link was changed after posting (thanks @flynnibus!).

flyakite9 days ago

Batman'sParents12 days ago

Was curious about this: Is there an expectation that CFTOD will delegate some responsibilities to the cities as part of the understanding between the state and Disney?

Dcgc2815 days ago

All good! I was going to be blown away lol

MR.Dis15 days ago

error, I edited the original post

mkt16 days ago

Here's the motion

mkt16 days ago

what's the new case number? Disregard, found it. 24-10342-H

Dcgc2816 days ago

They objected the delay?

MR.Dis16 days ago

Federal Judge officially granted a 60 day delay on the Federal Case. Disney requested so a new developement agreement could be negotiated, the CFTOD did not object.