[Brwne]

[QUOTE=daniel200;2086569]Per this news story (and others), the general obligation bonds issued by the special district where Disney operates will be transferred to Orange county taxpayers if the bill becomes law. This is not Disney debt, but rather debt issued by the special district (Reedy Creek) where Disney operates. There is various estimates of the amount .. but it ranges from $2,500 to $4,000 per tax payer.

Reedy Creek has said they will continue to make bond payments … but if their special district is dissolved as per the bill, they will have no rights to collect monies and the bonds would be transferred to tax payers per the bill.

Google “Reedy Creek bonds” .. lots of news

Reedy Creek gets it "monies" from an agreement with Disney for payments in lieu of taxes (taxes to Orange County?). Should the District be dissolved and the outstanding bond debt be "assumed by taxpayers", the law likely provides for property tax assessments against the "assessed value" of Disneyworld, just like the property tax levy on our homes.

Special Districts allow developers to recoup the infrastructure expenditures utilized by the overall development. Disney chose this approach to control and, likely, minimize it's tax expense. I wonder if the true assessed value of Disneyworld multiplied by the Orange County tax rate levy will provide more "monies" or less. I am betting on more.

The Special Districts in TV put the prorata bond amount onto each home at a fixed payment amount for 30 years. If the special Districts kept the bond, they'd levy a tax rate on our homes to get the "monies" to make the bond payment. We've seen, recently, how those levies can increase, sometimes substantially.

[golfing eagles]

Originally Posted by Love2Swim

Corporations have a history of taking stands on issues they find important, and it is becoming more commonplace as research shows the younger generation prefers to do business with companies that take social stands they believe in. I agree that Disney had an obligation to stand up for the rights and safety of its thousands of employees who are LGBTQ. Be that as it may, the bill was sponsored and passed by the legislature, obviously in retribution, without full disclosure or even understanding of its implications, a knee-jerk reaction if you will.

The debt service for this district is well over one billion dollars. Who is going to take over the bond payments for the infrastructure? Roadway maintenance? Emergency services? Building inspections? This could end up being a tremendous burden on the taxpayers.

This special district was originally set up as a win-win for both the state and for Disney. Disney took over uninhabited land that was just swamp and pasture, invested enormous amounts of money and provided services like roads, power, and water, and ultimately brought millions of tourists to Florida. The economic benefit to Florida is huge and showcases a prosperous business/government partnership. In recent years, Disney has gone above and beyond in giving back to the state. They have plans for a new 80 acre affordable housing development. They had plans to move 2000 jobs from California to Florida at a new Florida campus. They gave $500,000 to the food bank of Central Florida. $500,000 to Toys for Tots....

But dissolution of this partnership could have devastating effects for the state. The counties where the district lies could end up being liable for roads, fire protection, waste management, paying off debts, etc. There really is no precedent for this government retaliation, and the powers that be may find that it backfires on them. Attacking the state's largest employer, coupled with the recent debacle of banning 40% of math textbooks makes Florida looks like a bunch of ignorant wing nuts.

Just an FYI: I've already said I'm not particularly in favor of dissolving Reddy Creek, it is overkill for what Disney did. My only point is that only a small special interest minority (the LGBTQXYZ community and those too "woke" to see the forest for the trees) is against the parent's rights bill that passed, and that Disney should NEVER have spoken out in the first place---it is outside the scope of their mission statement, it is outside the legal obligation of a corporation to pursue profits for its shareholders, and it would make Walt roll over in his grave.

[jdulej]

Originally Posted by golfing eagles

WOW, just incredible!!!

Are you stating that disallowing the teaching of sexuality to 5-8 year olds is a "hateful and misguided action"????? That might just be what is wrong with America today, it certainly fits in with both the "woke" and gay agendas.

I think you would find the majority of people think it is a long overdue and necessary action. And to that I submit that the people of Florida, through their elected representatives, voted 70-38 to abolish the Reddy Creek development zone yesterday.

Long overdue? Until a couple weeks ago no one had ever heard of the issue. Its a made up dog whistle. The Qanon nuts must be laughing their asses off

[rustyp]

Originally Posted by golfing eagles

And you would be WRONG

Disney’s mission statement is “to entertain, inform and inspire people around the globe through the power of unparalleled storytelling, reflecting the iconic brands, creative minds and innovative technologies that make ours the world’s premier entertainment company.

There is no mention of obligation to speak out or venture into a political stance favoring a small minority that objects to a law that an overwhelming majority of people favor. It is NOT a free speech issue, it is NOT a democratic issue, it is simply the scope of what a publicly held corporation should and should not be involved in.

And how that works is the stockholders have the right to sell their shares if unhappy. That's the public part of publicly held company.

[JMintzer]

Originally Posted by jimjamuser

You may call it what you will. I think my version is more true and informative.

And you would be wrong. Please cite where in the bill it says (or implies) anything of the sort... I'll wait...

[golfing eagles]

Originally Posted by jdulej

Long overdue? Until a couple weeks ago no one had ever heard of the issue. Its a made up dog whistle. The Qanon nuts must be laughing their asses off

Yes, long overdue. The indoctrination of our youth started 30-40 years ago in our universities and has now filtered down to the grade school level. Finally a state government got fed up and said enough is enough

[JMintzer]

Originally Posted by jimjamuser

It is an attempt to curry favor with the wing-nut types. And push further forward dark conspiracy theories while making public school teachers into the new most HATED group of the week. Hitler used the Jewish People. Others tried Muslims. It's all about white supremacy waning.

Just like you're doing to "religious zealots"?

[JMintzer]

Originally Posted by jdulej

Long overdue? Until a couple weeks ago no one had ever heard of the issue. Its a made up dog whistle. The Qanon nuts must be laughing their asses off

You must not have being paying attention the what happened in the school boards in VA. Parent s have been getting more involved for some time.

But sure, blame YOUR Boogeyman...

[JMintzer]

Originally Posted by rustyp

And how that works is the stockholders have the right to sell their shares if unhappy. That's the public part of publicly held company.

Sure, sell now that they've lost $35 BILLION (up from a $20 BILLION loss) in value...

[golfing eagles]

Originally Posted by rustyp

And how that works is the stockholders have the right to sell their shares if unhappy. That's the public part of publicly held company.

And since their stock is down 13% and they lost 30 billion in market capitalization since the beginning of the month, perhaps the shareholders have spoken

[MartinSE]

Originally Posted by Love2Swim

Corporations have a history of taking stands on issues they find important, and it is becoming more commonplace as research shows the younger generation prefers to do business with companies that take social stands they believe in. I agree that Disney had an obligation to stand up for the rights and safety of its thousands of employees who are LGBTQ. Be that as it may, the bill was sponsored and passed by a Republican legislature, obviously in retribution, without full disclosure or even understanding of its implications, a knee-jerk reaction if you will.

The debt service for this district is well over one billion dollars. Who is going to take over the bond payments for the infrastructure? Roadway maintenance? Emergency services? Building inspections? This could end up being a tremendous burden on the taxpayers.

This special district was originally set up as a win-win for both the state and for Disney. Disney took over uninhabited land that was just swamp and pasture, invested enormous amounts of money and provided services like roads, power, and water, and ultimately brought millions of tourists to Florida. The economic benefit to Florida is huge and showcases a prosperous business/government partnership. In recent years, Disney has gone above and beyond in giving back to the state. They have plans for a new 80 acre affordable housing development. They had plans to move 2000 jobs from California to Florida at a new Florida campus. They gave $500,000 to the food bank of Central Florida. $500,000 to Toys for Tots....

But dissolution of this partnership could have devastating effects for the state. The counties where the district lies could end up being liable for roads, fire protection, waste management, paying off debts, etc. There really is no precedent for this government retaliation, and the powers that be may find that it backfires on them. Attacking the state's largest employer, coupled with the recent debacle of banning 40% of math textbooks makes Florida looks like a bunch of ignorant wing nuts.

Good post,

But it won't do any good. Many have made up their minds that by being against "don't say gay" Disney is promoting pedophilia and grooming. At least that is what the right wing news and radical politicians are saying. They don't every ask any questions, if instructed to hate liberals on an issue they dutifully follow orders.

When CRT came up it was first promoted by a religious zealot on Fox as being taught in K-5, mentioning several states. News reporters thought that would be BIG story if true, so they looked, and it wasn't being taught ANYWHERE. It is a college level optional course. So, they have to find things like, heaven forbid, school books with a black child and a white child playing together and call that CRT. CRT is a straw man that the GOP is using to keep their base mad at liberals.

CRT flopped, so, they looked for something else, and Along came a Judge who they claimed gave lenient sentences to pedophiles - except her sentencing was completely in line with guidelines and no different than judges appointed by Trump. But, that didn't slow down the attacks. Over and over they yelled and screamed their anger over pedophiles being loved by a judge. MTG summed it up well, liberals are pedophiles or pedophile supporters.

Well then it must be true. And since Disney was against a law that targets gay, then Disney is a sicko company grooming children. Except, once again, there is NO evidence of grooming, there is no sexual orientation taught in public schools in K-5. Disney has over 58 million guests each year (down for the last two years - can't imagine why) and in the past 10 years, 500 MILLION guests. And no one has complained about grooming, sexual inappropriate, etc, NONE. In fact, just the opposite parents rave about how wonderful the place is to take children. But, you know, Fox said Disney is a sicko company and SUDDENLY the same people that a few weeks ago were dreaming of taking their grad children to Disney are now hating it.

Just pay attention to how often THEY say that K-5 shouldn't teach sex or sexual orientation. But, then think, WHO is saying they do? Where is the evidence? Why are those teachers not being arrested and charged with child abuse? Yet, they aren't and there isn't. As someone earlier in this thread so elegantly put it:

BS

[rustyp]

Originally Posted by golfing eagles

And since their stock is down 13% and they lost 30 billion in market capitalization since the beginning of the month, perhaps the shareholders have spoken

And there is the check and balance. I promise it does work. Fear and greed the world's two most powerful motivators.

[golfing eagles]

Originally Posted by MartinSE

Well then it must be true. And since Disney was against a law that targets gay, then Disney is a sicko company grooming children. Except, once again, there is NO evidence of grooming, there is no sexual orientation taught in public schools in K-5. Disney has over 58 million guests each year (down for the last two years - can't imagine why) and in the past 10 years, 500 MILLION guests. And no one has complained about grooming, sexual inappropriate, etc, NONE. In fact, just the opposite parents rave about how wonderful the place is to take children. But, you know, Fox said Disney is a sicko company and SUDDENLY the same people that a few weeks ago were dreaming of taking their grad children to Disney are now hating it.

Once again, I don't know of anyone who accused Disney of "grooming" their guests. Fantasize much????

And if, as you stated, "there is no sexual orientation taught in public schools in K-5", then the parent's rights law is irrelevant, so why all the LGBQTXYZ and "woke" protests??????

[jdulej]

Originally Posted by MartinSE

Good post,

But it won't do any good. Many have made up their minds that by being against "don't say gay" Disney is promoting pedophilia and grooming. At least that is what the right wing news and radical politicians are saying. They don't every ask any questions, if instructed to hate liberals on an issue they dutifully follow orders.

When CRT came up it was first promoted by a religious zealot on Fox as being taught in K-5, mentioning several states. News reporters thought that would be BIG story if true, so they looked, and it wasn't being taught ANYWHERE. It is a college level optional course. So, they have to find things like, heaven forbid, school books with a black child and a white child playing together and call that CRT. CRT is a straw man that the GOP is using to keep their base mad at liberals.

CRT flopped, so, they looked for something else, and Along came a Judge who they claimed gave lenient sentences to pedophiles - except her sentencing was completely in line with guidelines and no different than judges appointed by Trump. But, that didn't slow down the attacks. Over and over they yelled and screamed their anger over pedophiles being loved by a judge. MTG summed it up well, liberals are pedophiles or pedophile supporters.

Well then it must be true. And since Disney was against a law that targets gay, then Disney is a sicko company grooming children. Except, once again, there is NO evidence of grooming, there is no sexual orientation taught in public schools in K-5. Disney has over 58 million guests each year (down for the last two years - can't imagine why) and in the past 10 years, 500 MILLION guests. And no one has complained about grooming, sexual inappropriate, etc, NONE. In fact, just the opposite parents rave about how wonderful the place is to take children. But, you know, Fox said Disney is a sicko company and SUDDENLY the same people that a few weeks ago were dreaming of taking their grad children to Disney are now hating it.

Just pay attention to how often THEY say that K-5 shouldn't teach sex or sexual orientation. But, then think, WHO is saying they do? Where is the evidence? Why are those teachers not being arrested and charged with child abuse? Yet, they aren't and there isn't. As someone earlier in this thread so elegantly put it:

BS

Well said. Unfortunately, you are correct on all points.

[MartinSE]

Originally Posted by golfing eagles

Once again, I don't know of anyone who accused Disney of "grooming" their guests. Fantasize much????

And if, as you stated, "there is no sexual orientation taught in public schools in K-5", then the parent's rights law is irrelevant, so why all the LGBQTXYZ and "woke" protests??????

It is claimed or insinuated constantly.

It is blatantly a political theater move. As you say, it is irrelevant as far as protecting our children, and your asking why all the protest, then why not ban any teacher from mentioning their partners or their partners sex? That is discrimination.

And to further prove the point, Florida has received a huge amount of push back that the CRT claims of DeSantis are false. So, Florida provided "evidence" of K-5 being indoctrinated with Cat theory - page out of a math book - teaching CRT using model 3 polynomials - in K-5? Seriously, advanced algebra in K-5. Please note, NO WHERE is race mentioned just racial prejudice. I guess racial prejudice can not even be mentioned, sticking our heads in the sand? A factual graph being used as a real life example of how polynomials apply to real life situations. (btw, NOT K-5, at earliest this would be 9th grade but more likely 11 or 12th for advanced algebra.)

BS