Possible property tax refunds

[CarolynFH]

This could be good news for DVC owners, although bad news for Orange County (FL) school districts and other government agencies that depend on property tax revenue to operate.

https://dvcnews.com/dvc-program-men...sney-wins-latest-round-in-property-tax-battle

 

[gottalovepluto]

At least the schools already set aside the $80 mil under contingency Disney wins it all back so they’re ready.

 

[AstroBlasters]

I hate to see schools take more of a hit….

 

[gottalovepluto]

I hate to see schools take more of a hit….

What “hit”? If Disney wins the money was never rightfully the district’s anyway.

 

[Tatebeck]

Yeah it sounds like the appraisers/assessors have been trying to overinflate the taxes. Disney makes the state and surrounding areas a ton of money I'm sure. No need to get greedy and try to make them pay more than they are supposed to. Especially if it isn't even all taxes that are paid by Disney but are in part passed onto DVC owners as well. I'm sure we would all like the dues to stay lower.

 

[Tatebeck]

Another question with resale contracts, what happens if the dues aren't just reduced going forward but a refund is ordered to owners? Do they keep all the info of past owners and the refund will go to them, even if they have sold their contracts now? Or would it go to the new owner since they have the contract now?