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Disney STRIKES BACK and says Florida is responsible for its $2B debt
On Wednesday morning, Reedy Creek officials seemed just as confused as everyone else about what will come next. The district's 400 employees could lose their jobs and benefits next year.
www.dailymail.co.uk
Disney STRIKES BACK and says Florida is responsible for its $2B bond debt after Gov. DeSantis stripped it of 55-year-old special status
- The district board met days after Gov. DeSantis ordered the district dissolved
- But there was little talk of the issue save for a brief discussion on how it would affect a planned expansion of solar panels
- The head of Reedy Creek's union says employees are in the dark about their jobs
- By dissolving RCID, residents in Osceola and Orange counties would be liable for Disney's $2 billion bond debts
- Tax collectors estimate the liability would raise resident taxes between $2,200 and $2,800 per family of four
- Other legal experts allege a court may strike down DeSantis' ruling to dissolve RCID because of First Amendment violations
- Many believe DeSantis removed Disney's special privilege status because the entertainment giant vocally opposed his so-called Don't Say Gay bill