Florida Governor Ron DeSantis at Walt Disney World signs bill to end Disney's self-governing status signaling the end of Reedy Creek

Feb 27, 2023 in "The Walt Disney Company"

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Ron DeSantis at Reedy Creek Improvement District

Posted: Monday February 27, 2023 10:00am ET by WDWMAGIC Staff

Florida Governor Ron DeSantis is in Disney's own backyard at Walt Disney World to bring sweeping changes to Disney's self-governing status and Reedy Creek Improvement District.

Ron DeSantis at Reedy Creek Improvement District

The bill that DeSantis has signed today replaces the governing body's board with five members appointed by Florida Governor Ron DeSantis. In addition, the Reedy Creek Improvement District will be renamed "Central Florida Tourism Oversight District." Disney will be responsible for paying hundreds of millions in outstanding Reedy Creek debt.

Reedy Creek Improvement District HQ near Disney Springs

The creation of the Reedy Creek Improvement District in 1967 allowed Disney the luxury of establishing its own independent government that handles many aspects of the Walt Disney World property, including emergency services, infrastructure, and construction permitting.

Ron DeSantis at Reedy Creek Improvement District

The action by DeSantis comes in retaliation to Disney's public opposition to the Parental Bill of Right law, which took place under ex-Disney CEO Bob Chapek. Speaking today, DeSantis said that Disney's opposition to the Parents Bill of Rights bill was a "mild annoyance," but that the state of Florida will no longer be "joined at the hip with one California-based company."

Today's press conference, held at Reedy Creek Fire Station 4 near Disney Springs, featured chosen speakers to rant against Disney in a political rally-style atmosphere. Topics included vaccination misinformation, Disney's mask requirements, park reservations, and Disney's support of LGBTQIA+.

In signing the bill, DeSantis said, "the corporate kingdom finally came to an end." Following the signing, the Governor said he wants "Disney to be what Walt envisioned."

You can watch the press conference below.

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josiah mazelinJun 28, 2025

I said basically. You just listed two rides at each park. My point is proven

GoofyernmostJun 27, 2025

With the kind of promotion that they once were famous for were to be used, they can get all the hype they need and spend a hell of a lot less to do it. They have to make what they have be exciting and not worry about what others might be doing. They stayed on top for about 60 years doing that and then, I assume to give bigger bonuses to the executives, they stopped producing those things and even if they don't admit it, they are running scared at the moment, in spite of increased profits. They have to make that dominance last, but I don't see them doing that unless they fill up those empty buildings and put something good in them and promote, promote, promote. That is second only to location, location, location.

SirwalterraleighJun 27, 2025

Galactic spirit Halloween was sorta in that ballpark

SirwalterraleighJun 27, 2025

Nah…they’ve crossed the Rubicon on “attracting middle class families”. They’re well past that price point to make any such endeavor turn out to be anything but a “loss” to the stock wonks. That strategy was their philosophy for many years…expansion to create more traffic and sell more product across all business was Eisner 101 - essentially, but they dumped that 15-20 year ago. Limiting investment and all but eliminating expansion to cap overhead and then attempting to make more revenue/profit off what was already paid for. That strategy is incompatible with “expanding/pricing to make it more accessible”

JoeCamelJun 26, 2025

It's non-sensical too, increase your costs to get less money per guest and do huge capital outlays? Bob sez nyet

Tha RealestJun 26, 2025

There’s no evidence 1) this is happening, or 2) they intend to do this.

ChrisFLJun 26, 2025

They had a 5th gate and they closed it..................DisneyQuest :p

Advisable JosephJun 26, 2025

Disney needs land to expand. Pulling guests from the Magic Kingdom and Epcot (or otherwise unceasing attraction supply for the guests), then lowering prices to increase volume (and income) and accessing middle-class families, while building out the other parks, is the idea. Would you consider a Magic Kingdom Colony across the Lagoon or part of the current parking lot, which guests could access with Magic Kingdom tickets, a "5th gate"? How about parking, so the park can expand into the old parking lot?

gwhb75Jun 26, 2025

Agree with this. The only unfortunate thing is that "expanding existing parks" doesn't get the same hype as "a whole new park". Now if we could only have a true expansion of existing parks (i.e. just add new things (like villains land) and not take things away first (like tropical americas in AK)).

JoeCamelJun 26, 2025

I think a lot of the salivating over a new park is fatigue with the same offerings year after year or a dribble of something new. Stale has a stench. Fans have "done" everything in the parks time after time so they want new and "damn the cost it's what I want". Does not have to be logical or make sense it is a want and I need my wants fulfilled ipso facto TDO is going to build me a new park. Seems to point to someone who has never run a business nor cares if that business thrives to feed the stockholders

monothingieJun 26, 2025

Forget the tremendous capital expense to build a new park. The most important thing to Disney is YOY growth. The quarterly earnings mean EVERYTHING to Bob and Wall Street. Key amongst that is that Disney cares tremendously about operational costs and maximizing LL revenue streams. While a new park may be tremendously popular, it also increases operational expenses significantly. It is also very likely that it will cannibalize a large portion of the existing guest base. LL brings in a tremendous amount of revenue for Disney. It works best for Disney with full parks, adding a new park will dilute LL revenue at the existing parks. If a new park was going to justify the build cost and not affect the OI for WDW, then shovels would have been in the ground already. They've done the analysis, and a new park is not financially viable at this point.

lazyboy97oJun 26, 2025

Planning permission and building permission are two separate things. You need planning approval first. Comprehensive Plans (along with Master Plans, Future Land Use Plans and Zoning Plans) are also not set in stone and quite malleable.

DranthJun 26, 2025

I disagree with him on a number of things, but he isn't wrong on this one. They have underbuilt parks that can absorb a LOT more people if they expand them. Those parks have existing infrastructure which makes it easier and cheaper to develop and build out vs. an entire new park. They understand their main audience has limited vacation time and already know people are unlikely to extend their vacations but instead sacrifice one thing they would have done for something else. They have a strained employee pool that has never recovered from 2020 and staffing new builds in existing parks is WORLDS easier than trying to staff an entire new park. Even an entire parks worth of attractions built over the four current parks would require less staffing than the same number of attractions in a brand-new park once you factor in employees for back of house, support, utilities, security, transportation, etc. Sure, nothing is impossible, and I'll gladly admit to being wrong on this if it does happen, but it would be business malpractice to do so in Florida anytime soon. I would expect most of the other locations around the world with room to get a new gate before Florida.