ORANGE COUNTY, Fla. — One thing that is not magic to Walt Disney World is the property taxes it must pay to a Florida county.
Disney is once again suing the Orange County property appraiser over 2019 tax assessments for its theme parks, resorts, employee buildings and other structures. The company has filed similar lawsuits in past years.
The Orlando Sentinel reports that Property Appraiser Rick Singh says the Disney complex has been undervalued for years. Disney says it is challenging errors in the assessments.
“Again this year, the Disney organization has chosen use the court system to dispute the value of its property in Orange County and thereby pay reduced property taxes that would benefit area infrastructure and public schools," the property appraiser's spokesperson Beth Watson told the Orlando Sentinel.
"The Orange County Property Appraiser looks forward to defending these values in court on behalf of the citizens of Orange County, so that Disney’s responsibility to the community is upheld.”
As for each park's assessed value? The outlet reports the Magic Kingdom sits at $504 million, while Epcot is set at nearly $539 million.
Hollywood Studios came in at $394 million, while Animal Kingdom was assessed at $539 million.
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