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Started By
Message
re: FL taxpayers to absorb over 1 billion in bond obligations due to Disney exemption repeal
Posted on 4/22/22 at 10:41 am to Green Chili Tiger
Posted on 4/22/22 at 10:41 am to Green Chili Tiger
quote:
Nope.
You are wrong, and will be surprised at how easily this comes to pass.
quote:
State law prevents the counties from raising sales taxes or impact fees to cover the costs. They also must tax all areas of the county equally, meaning whatever they enact must apply to everyone.
First, ad valorem taxes are property taxes, not sales taxes or impact fees. Whoever you are quoting there knows what they are talking about and is lying to you.
As for the other part, that is easily overcome with the language I mentioned in my previous post. Passing a property tax that applies to entities of a certain size or revenue level DOES apply to everyone in the county equally.
They can adjust their millage rates based on property value levels. "Charge X amount for property values under $500,000," then "charge X amount for property values between $500,000-$1B," then "charge X amount for property values over $1B" or something of that nature. That almost certainly would pass muster under Florida laws and is a very common practice.
This post was edited on 4/22/22 at 10:42 am
2
Posted on 4/22/22 at 10:42 am to Green Chili Tiger
quote:
Nope
Amusement taxes, hotel occupancy taxes, and on and on, they will their funds.
Posted on 4/22/22 at 10:45 am to imjustafatkid
So, is this whole saga just going to be tied up in court for a bit and then placed on the local ballot to vote on? This little town/whatever it is
Posted on 4/22/22 at 10:47 am to RogerTheShrubber
quote:
emotional appeal
From the biggest emotional, drama Queen poster on the board.
Posted on 4/22/22 at 10:47 am to RogerTheShrubber
quote:
Don't say gay" is pure emotional appeal that comes nothing close to what is happening
So was Build The Wall and Lock Her Up. Both of which I'm sure you have as tank tops.
Posted on 4/22/22 at 10:48 am to tes fou
quote:
Amusement taxes, hotel occupancy taxes, and on and on, they will their funds.
The County will easily pay for these bonds and can easily do so by enacting taxes that affect only Disney. Anyone claiming otherwise is being totally disingenuous only because they are clinging to hope of some way to make DeSantis look like he's screwed up here.
Posted on 4/22/22 at 10:49 am to Sao
quote:
Build The Wall and Lock Her Up
none of these were bills or laws, Jethro.
You fruits are simply lying to gain emotional support.
"Build the wall?" How the frick would your fruity side phrase it? That's exactly what they wanted goober.
This post was edited on 4/22/22 at 10:51 am
Posted on 4/22/22 at 10:52 am to Sao
quote:
is this whole saga just going to be tied up in court for a bit
Maybe. I'm not sure what legal argument Disney would possibly have against this though. It is certainly within the state's rights to end such districts, and the law even provides a mechanism to enter into new agreements for such districts after June 1, 2023.
quote:
placed on the local ballot to vote on
The law that was passed specifically supersedes the law that requires this to be placed on the ballot in Reedy Creek.
Any property tax increase would have to go on the ballot in Orange County, but it went 61% for Joe Biden in 2020 so it is likely the electorate would support such an increase that would specifically force Disney to pay for the bond issuances they entered into. They would not need that entire 61% to vote for this, as surely the 39% of Trump supporters would support making Disney pay for what they incurred.
Posted on 4/22/22 at 10:56 am to RogerTheShrubber
quote:
none of these were bills or laws, Jethro.
One was an executive order was it not?
Posted on 4/22/22 at 11:01 am to imjustafatkid
quote:
They don't even have to do that though. They could simply pass a property tax that applies only to "entities of certain size/revenue level" or however they need to word it to enact a tax that brings Disney to the level of taxation they were providing to RCID and Orange County combined previously, and then use that increase to pay for the general obligation warrants.
This seems like it’s probably the easiest solution for the counties - effectively implementing a tax that’s that’s “universal” on paper but targeted in practice.
Presumably it would then come down to whether Disney can prove that the tax/assessment is discriminatory, and whether they have grounds to challenge (or whether they choose to challenge) in court on that basis.
Posted on 4/22/22 at 11:09 am to lsupride87
It's possible to recognize Disney is a shite company while also recognizing the FL legislature is taking a victory lap at the massive expense of the local taxpayers.
Posted on 4/22/22 at 11:21 am to imjustafatkid
quote:This is basically what the previous assessor did on his own. DVC members saw dues increase by a ton in 2015 thanks to that assessment. Last year they changed policy and appraisals dropped about 15% across the board. Went down again this year too I think.
They can adjust their millage rates based on property value levels. "Charge X amount for property values under $500,000," then "charge X amount for property values between $500,000-$1B," then "charge X amount for property values over $1B" or something of that nature. That almost certainly would pass muster under Florida laws and is a very common practice.
Posted on 4/22/22 at 11:25 am to lsupride87
quote:
Because saying this is a “tax exempt” issue is as accurate as saying “don’t say gay”
Disney doesn’t have a tax exempt status. They pay 100s of millions in taxes. The just of the reedy creek development is Disney controls their own infrastructure. By removing the exemption, the current bonds fall in the tax payers
That's 0.8% of Florida's state budget. I'm sure the people there will take that vs grooming children.
Posted on 4/22/22 at 2:08 pm to TDTOM
quote:
they are trying to stop you from telling second graders about giving a rim job to your boyfriend.
Ah the ole make up a problem that doesn’t exist so you rile up a group of people. Nobody was teaching kids anything remotely close to this and if there was a teacher doing it they’d be fired way before this bill came around. Problem is the bill is vague in certain parts while it mentions to third grade it also says or whenever it’s deemed necessary. Basically it makes it to where teachers have to walk on egg shells regarding sex education even in middle and high school. Not to mention a teacher could technically lose their job for mention being straight. The law is vague and doesn’t really stop “grooming” as any actual acts of pedophilia happens in middle and high school with teachers fricking students.
But hey Ron gets to “own the libs” and garner more conservative votes for a potential presidential run which is all he actually wants
Posted on 4/22/22 at 2:23 pm to lsupride87
Y'all got a CUSIP number? I can explain the details of the bonds and the end result of the legislation.
Posted on 4/22/22 at 2:38 pm to Abstract Queso Dip
quote:
Y'all got a CUSIP number? I can explain the details of the bonds and the end result of the legislation.
Details such as this are beside the point of the larger picture.
The only reason Proggies are pushing this financial angle is because in passing this measure, the Florida Legislature(and Desantis) has very obviously severely harmed their(the sick Pedo Lefts) cause.
But keep squawkin little proggies. It makes me feel all warm and fuzzy inside.
This post was edited on 4/22/22 at 2:40 pm
Posted on 4/22/22 at 3:15 pm to Jim Rockford
quote:
while also recognizing the FL legislature is taking a victory lap at the massive expense of the local taxpayers.
Except they’re not, and multiple people have explained why.
Posted on 4/22/22 at 3:19 pm to dawgfan24348
quote:
Ah the ole make up a problem that doesn’t exist
I’ll ask you the same question no other leftist on this thread has answered:
If this isn’t happening, why the massive pushback from progressives?
And don’t bother with the rest of what you posted, because it’s bullshite.
Posted on 4/22/22 at 3:24 pm to Centinel
County will be on the hook for all district workers. That's fire fighters, policemen, and plenty other civil service people that get paid to operate the district. This is a big fuk you to the county. This is also stupid because it sets a precedent for future administrations. Left or right. It's a political move and one that is shitty to the locals and ultimately the state. Florida has tons of special districts
If you don't understand that then you have never read a prospectus I your life and don't know shite about munis. I've moved about hundred MM at least on retail alone.
If you don't understand that then you have never read a prospectus I your life and don't know shite about munis. I've moved about hundred MM at least on retail alone.
This post was edited on 4/22/22 at 3:25 pm
Posted on 4/22/22 at 3:26 pm to Abstract Queso Dip
This is literally defunding the police.
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