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Tourism District’s New Budget Cuts Property Taxes and ‘Naughty’ Disney Spending

Tourism District’s New Budget Cuts Property Taxes and ‘Naughty’ Disney Spending
Magic Kingdom Park is pictured in this handout photo provided by Walt Disney World Resort, on Oct. 8, 2014. Matt Stroshane/Walt Disney World Resort via Getty Images
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Property owners in the Central Florida Tourism Oversight District (CFTOD) are to have their taxes cut by 7 percent.

The Board of Supervisors on July 26 unanimously approved the decrease in property taxes over the 2024 fiscal year.