Disney Disputes Property Tax Value with Orange County Property Appraiser
According to Click Orlando, Orange County Property Appraiser’s Office (OCPA) valued Disney’s Yacht and Beach Club Resort at over $336 million. Disney believed that the value should be around $188 million.
Disney then sued the OCPA to which the judge ruled in favor of Disney.
After losing the lawsuit, Orange County now has to refund Disney a whopping $1.2 million in overpaid property taxes.
Even though Disney is probably happy with this outcome the OCPA has made it clear they are not done with this matter.
Orange County Property Appraiser’s Office argue that public schools have been affected by this and plan to fight against the judge’s ruling.
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