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In response to the gender instruction law, Disney announced it was suspending political donations in the state and would support organizations that oppose it. Disney also contributed $1.2 million to support President Joe Biden’s campaign.
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That same year, Disney-related entities funneled $10.5 million to the America First Action committee, which supports Republican former President Donald Trump. and its affiliates made more than $20 million in political contributions to both Republicans and Democrats in the 2020 campaign cycle, the most recent year for which figures are available, according to the Center for Responsive Politics, which tracks such spending.
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The district had $169 million in revenues and $178 million in expenditures in the current budget year.ĭisney is a major political player in Florida, as well as the rest of the country. The Reedy Creek Improvement District, as the Disney government is known, has been allowed to build its own roads, run its own wastewater treatment plants, operate its own fire department, set its own building codes and inspect Disney buildings for safety.
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The city never materialized, but Walt Disney World nevertheless became an entertainment juggernaut in Orlando, while still retaining governmental powers that have allowed it to decide what and how to build and to issue bonds and provide services such as zoning, fire protection and utilities. The company sold the idea to Florida lawmakers in 1967 as part of its plans to build an expansive East Coast theme park that would include a futuristic city. WHY DOES DISNEY HAVE ITS OWN GOVERNMENT IN FLORIDA? “If that district goes away, and they no longer pay for those public safety costs, and it then has to fall to the county’s other budgets, that is a net sum loss to the rest of the taxpayers of Orange County," Demings said. Reedy Creek currently reimburses the Orange County Sheriff’s Office for public safety costs. Orange County Mayor Jerry Demings, whose county is partially home to Disney World, said it would be “catastrophic for our budget" if the county had to assume the costs for public safety at the theme park resort. Democratic state lawmakers who oppose the bill also have warned that it could result in homeowners getting hit with big tax bills if they have to absorb costs the company used to pay. “I don’t know how the end will come, but I know that this is a very worthy process that we’re taking and I think whatever comes out of it will be better than what we have today." WHAT HAPPENS NEXT?Īlthough details are far from clear, the proposal could have huge tax implications for Disney. “By doing it this early, we have until next June or July to this put together, so we’re actually giving ourselves more time to be thoughtful," said Republican Senate President Wilton Simpson. The measure does allow for the districts to be reestablished, leaving an avenue for Disney and lawmakers to renegotiate their deal between now and June 2023. Avengers 4: Kevin Feige Reveals the Real Reason Behind Post-Credit Scenes and It's Not What You Think