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 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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