Disney launches new website 'The Value of Disney Reedy Creek to Florida'

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Posted: Thursday April 20, 2023 4:22pm ET by WDWMAGIC Staff

Disney has launched a new webpage this afternoon that provides a history of Reedy Creek Improvement District and its impact on Florida and the Walt Disney World Resort.

With Florida Governor Ron DeSantis continuing his retaliation against Disney for its opposition to his Parental Rights bill with a hostile takeover of Reedy Creek, Disney is setting the record straight on the exact purpose of the special district.

The Reedy Creek HQ near Disney Springs

The page explains why the district was created, how taxes are paid, and how it helped drive economic prosperity in Florida. Continue reading The Value of Reedy Creek to Florida.

In 1967, the Florida State Legislature established a special taxing district in Orange and Osceola Counties known as the Central Florida Tourism Oversight District (previously known as Reedy Creek Improvement District or RCID). Encompassing 25,000 acres, this special taxing district provides and manages municipal services for the 47-square miles of the Walt Disney World Resort.
More than five decades later, the special taxing district continues fulfilling its legislative intent as outlined in the charter – the advancement of economic progress and well-being of the people of Florida by facilitating the development of a world-class tourist destination.
The special taxing district has long served as a catalyst for economic prosperity in Florida by helping Walt Disney World Resort welcome millions of visitors to the region, and it has historically championed efforts to protect Florida’s natural environment for all Floridians and visitors to enjoy.

Continue reading The Value of Reedy Creek to Florida.

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DCBaker1 day 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

flynnibus6 days ago

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

wdwmagic6 days ago

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

DCBaker6 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!).

flyakite8 days ago

Batman'sParents11 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?

Dcgc2814 days ago

All good! I was going to be blown away lol

MR.Dis14 days ago

error, I edited the original post

mkt15 days ago

Here's the motion

mkt15 days ago

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

Dcgc2815 days ago

They objected the delay?

MR.Dis15 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.

mmascari20 days ago

Same formality as completing the new agreement. They clearly think everyone will work in good faith and get an acceptable resolution. One where not having representation in the CFTOD board is ok.

flynnibus20 days ago

Sounds like walking away from the Federal case is only a matter of formality at this point... or the roof caving in. Those aren't the words of someone cautiously optimistic for an outcome... those are the words of someone who already knows the game plan and they aren't holdiing a gun to anyone.