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Transcripts for MSNBC Alex Witt Reports 20240604 17:38:00

that essentially gave disney powers to self-govern. that made disney in charge of things on its 25,000 acres in the orlando area, things like fire services, water, utilities, even land improvements that it wanted to make to where it didn t have to seek county approval. well now that appears to be gone based upon this new legislation. and we talked to the orange county tax collector. he tells us that the reedy creek improvement district collects about $105 million in annual revenues, and he says at this point with those revenues gone, nearby counties could be left to foot the bill. it could be a financial fiasco for orange county residents because reedy creek is an independent taxing district which means disney pays the same property taxes everybody else does, and it pays additional taxes to reedy creek. the moment that reedy creek doesn t exist, those taxes are gone. and all that debt and obligation

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