The Central Florida Tourism Oversight District board voted to lower the millage rate in the district, which would lower property taxes in the district that encompasses the Walt Disney World Resort.
The unanimous vote at a board meeting on Wednesday on lowering the millage rate from 13.9000 to 12.9500 for fiscal 2024 lowers the amount of taxes property owners in the district will have to pay. The district says the rate cut was possible because of the"elimination of government waste and abuse."“We heard from constituents loud and clear at public meetings and while out and about in the community. They do not want their tax rates to go up.
The vote is the first step in the budgetary process for fiscal 2024, which will entail two public hearings and a vote in September. Central Florida Tourism Oversight District Board Chairman Martin Garcia said that the waste they are cutting out of the budget to lower property taxes includes several"naughty things" from the previous board of the district, which was appointed by Disney.
“As we are doing more work, it appears that there are a number of other naughty things that this old board did with district funds,” he added.
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