Daytona Beach, FL

Disney’s ‘Development District’ is no More, Will the Daytona Speedway District be Next?

Matthew C. Woodruff

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Daytona Speedway is Part of a Special Tax District.Photo byPublic Use

After Disney opposed DeSantis’ legislation colloquially known as ‘Don’t Say Gay’ restricting what teachers and administrators can teach in Florida public schools, DeSantis punished them by taking away Disney’s self-governing Reedy Creek District by special legislation.

DeSantis also spoke about constructing toll roads in and around the park and suggested building a competing theme park or prison nearby.

Disney’s Reedy Creek District employed over 75,000 people and paid $1.1 billion dollars in state and local taxes in 2022.

The authority for a Community Development District (CDD) was established by Florida's "Uniform Community Development District Act of 1980". As authorized by Florida Statutes, Chapter 190, a CDD is an independent, local, special purpose government framework, and is a funding mechanism to provide and maintain amenities in a new community.

The CDD is a legal entity with the power and right to enter into contracts; to own both real and personal property; adopt bylaws, rules and regulations, and orders; to sue and be sued; to obtain funds by borrowing; to issue bonds; to impose assessments and levy taxes on property within the District. A Board of Supervisors is elected by the landowners of the District.

Florida has over 2000 Development Districts, most notable probably is The Villages and the Daytona Speedway.

The Daytona Beach Racing and Recreational District was implemented in 1963, as of 2020 the District had cash and assets of almost $1.7 million and received grants of $1.2 million. The district contains more than 90 private businesses.

Will Governor DeSantis make a move to end all special governing districts in the state, or are only those who show opposition to the Governor’s new laws and policies in danger of being disbanded?

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Matthew is an independent journalist, an internationally award-winning author best known for Dark Humor/Lite Horror/Supernatural short stories, as well as an ordained minister who served as a domestic missionary. He is a lover of the unusual, travel, cats and the spark that makes people tick. Matthew is based in Florida, USA.

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