- Mar 13, 2024
- 8,616
- 36
According to WFTV9, Disney World has initiated 15 lawsuits against Orange County, claiming that their property tax assessments are unjustifiably high.
The lawsuit accuses Orange County Property Appraiser, Amy Mercado, of not adhering to Florida law and using appraisal methods that inflate property values.
Disney argues that these assessments exceed market value and violate the Florida Constitution, affecting all four parks and many resorts.
Orlando Sentinel reveals some of the taxable values assessed:
- Magic Kingdom: $621 million
- EPCOT: $794 million
- Disney's Hollywood Studios: $639 million
- Animal Kingdom: $495 million
Some resorts assessed include:
- Caribbean Beach Resort: $243 million
- Coronado Springs Resort: $349 million
Disney has to pay the 2025 property tax of over $105 million before it can contest these assessments in court. They're seeking reassessments, overpayment refunds, and legal cost reimbursement.
Such tax lawsuits are frequently filed by Disney, who often contests appraisal methodologies. How do you feel about this ongoing legal battle? Should local governments reassess their property tax strategies, or is Disney just protecting its financial interests? Share your thoughts!
The lawsuit accuses Orange County Property Appraiser, Amy Mercado, of not adhering to Florida law and using appraisal methods that inflate property values.
Disney argues that these assessments exceed market value and violate the Florida Constitution, affecting all four parks and many resorts.
Orlando Sentinel reveals some of the taxable values assessed:
- Magic Kingdom: $621 million
- EPCOT: $794 million
- Disney's Hollywood Studios: $639 million
- Animal Kingdom: $495 million
Some resorts assessed include:
- Caribbean Beach Resort: $243 million
- Coronado Springs Resort: $349 million
Disney has to pay the 2025 property tax of over $105 million before it can contest these assessments in court. They're seeking reassessments, overpayment refunds, and legal cost reimbursement.
Such tax lawsuits are frequently filed by Disney, who often contests appraisal methodologies. How do you feel about this ongoing legal battle? Should local governments reassess their property tax strategies, or is Disney just protecting its financial interests? Share your thoughts!
