Reedy Creek

Fitch Credit Rating Agency Warns Dissolution of Reedy Creek Improvement District Could Have Negative Consequences

Reedy Creek Improvement District sign

Fitch Ratings, one of the “Big Three” credit rating agencies, has posted a statement regarding the attempted dissolution of Walt Disney World’s Reedy Creek Improvement District. Their statement says, “The Florida state government’s move to dissolve several independent special districts on June 1, 2023 creates significant risk to the credit quality of these districts, including … Read more

Florida Governor DeSantis Claims He Has a Plan Regarding Dissolution of Reedy Creek Improvement District

Reedy Creek Improvement District offices sign

Florida Governor Ron DeSantis says, “we know what we are going to do” regarding the many questions surrounding the possible dissolution of Walt Disney World’s Reedy Creek Improvement District. Orlando Business Journal shared some of Desantis’ statements from “The Ingraham Angle Town Hall” on Fox News. “There’s going to be additional legislative action,” DeSantis said. … Read more

Reedy Creek Firefighters Association Concerned About Possible Benefit Loss from District Dissolution

Reedy Creek Firefighters Association President Jon Shirey expressed concern to the Orlando Sentinel that current and retiree firefighters could lose benefits if the Reedy Creek Improvement District dissolves. According to Shirey, lifelong health insurance and lifetime Disney passes could be at risk if the dissolution goes through. However, Shirey noted that both Florida Governor Ron … Read more

Bond Contracts May Protect Reedy Creek Improvement District From Governor DeSantis’ Dissolution Effort

In a piece for Bloomberg Law, Orange County Local Government Attorney Jacob Schumer claims the Reedy Creek Improvement District can not be dissolved, at least not until October 2029, due to language in the contracts of previously issued bonds. Schumer explains the complicated nature of two different counties assuming over a billion dollars worth of … Read more

Florida House Votes to Dissolve the Reedy Creek Improvement District

After the Florida Senate voted in favor of dissolving the Reedy Creek Improvement District of Walt Disney World yesterday, the Florida House of Representatives has now approved the bill. The house voted 70-38 on the bill to dissolve special districts established before 1968. The Reedy Creek Improvement District was established in 1967, though other districts … Read more

What Will Happen if the Reedy Creek Improvement District is Dissolved at Walt Disney World?

In a special session today, the Florida Senate passed a bill to dissolve certain independent special districts, specifically targeting the Reedy Creek Improvement District of Walt Disney World. The bill is an attempt by Governor Ron DeSantis to remove Disney’s “special privileges” after they took a hard stance against the state’s “Don’t Say Gay” bill. … Read more

Dissolution of Reedy Creek Improvement District Must Be Approved by Majority of Residents, According to Florida Statute

Florida Governor Ron DeSantis is attempting to dissolve the Reedy Creek Improvement District of Walt Disney World. A bill to dissolve Reedy Creek and other special districts passed the Florida Senate today. However, according to a Florida statute, the district cannot be dissolved without the approval of resident voters or landowners in the district. Twitter … Read more

BREAKING: Bill to Dissolve Reedy Creek Improvement District Passes Florida Senate

Cinderella Castle with 50th anniversary decorations

According to the Orlando Sentinel, the Florida senate has passed the bill to dissolve Walt Disney World’s Reedy Creek Improvement District 23-16. Governor Ron DeSantis has been targeting Disney and their “special privileges” ever since they took a hard stance against the “Don’t Say Gay” bill. The self-described purpose of the Reedy Creek Improvement District is “to support … Read more

DeSantis Targets Walt Disney World With Special Legislative Session to Get Rid of Reedy Creek

Cinderella Castle with 50th anniversary decorations

Governor Ron DeSantis is expanding a special session of the Florida Legislature starting today to get rid of districts that were established prior to November 1968, targeting the Reedy Creek Improvement District established around Walt Disney World Resort in 1967. DeSantis had previously said he was “receptive” to repealing the act that created the district … Read more

Florida Governor Ron DeSantis ‘Receptive’ to Repealing 1967 Reedy Creek Improvement Act

Florida Governor Ron DeSantis says he is “receptive” to the Florida legislature repealing the 1967 Reedy Creek Improvement Act, which essentially allows Walt Disney World its own self-governing district. DeSantis has repeatedly criticized Disney after CEO Bob Chapek and divisions of the company denounced the “Don’t Say Gay” bill. Disney released a statement announcing they … Read more

Florida Legislators Meeting About Repealing Reedy Creek Improvement Act Due to Disney’s ‘Woke’ Stance Against ‘Don’t Say Gay’ Bill

Spencer Roach, a member of the Florida House of Representatives, tweeted this morning that he and fellow legislators have had meetings about repealing the 1967 Reedy Creek Improvement Act, which created a special district around Walt Disney World. Roach tweeted that yesterday was the second meeting discussing a repeal and, “If Disney wants to embrace … Read more

Union Says Reedy Creek Fire Department is Critically Understaffed, Fears Increased Risk for Walt Disney World Guests

A few days ago, Reedy Creek Fire Department vehicles were seen driving down Main Street, U.S.A. in response to a small fire at Magic Kingdom. This was just one of many emergencies that happen daily at Walt Disney World and the Reedy Creek Firefighters Association is increasingly worried about the department being short-staffed, the Orlando … Read more

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