Dissolving Disney's Reedy Creek would cause massive tax hike to Orange County

Posted | Contributed by Jeff

Dissolving the Reedy Creek Improvement District, as Florida legislators are threatening to do, would be a financial burden on the county, according to Orange County Tax Collector Scott Randolph. He said that the financial obligation is about $105 million a year to operate services in Reedy Creek. Additionally, Randolph said the county would also be taking on, potentially, $1 billion to $2 billion in bond debt.

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