Lawmakers in Florida are reportedly looking to resolve the political dispute that occurred this year between the state and the Walt Disney Company. Initially, the Florida legislature had voted to terminate the 55-year-old special taxation district that permits Disney to self-tax for necessary services such as water, power, roads, and fire protection in the Reedy Creek Improvement District.
Now, discussions are underway for a potential agreement that would keep Disney’s arrangement largely intact, with some alterations. This could possibly settle the conflict between Governor Ron DeSantis and the former CEO Bob Chapek………
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Rising Dough
How will a reversal of dissolving Disney’s special tax district affect the community that resides within the district? Why do you think that a reversal is being discussed?
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Florida needs Walt Disney for its tourist industry, anything that could jeopardize that could mean a disaster for the industry