Florida may reverse decision on Disney’s Reedy Creek District: report | FOX Business

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………Click here to read the source article[read more]

Rising Dough

Rising Dough - the question(s) that we need to think about from the reading.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?

*Click on the “Full Loaf” icon to read the full article! After you read the full article, come back and tell us your thoughts.

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