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Thread: Final 2017 Tax Bills Issued for DVC Resorts at Walt Disney World

  1. #1
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    Default Final 2017 Tax Bills Issued for DVC Resorts at Walt Disney World

    On November 1, the Orange County Tax Collector issued the final property tax bills for 2017 for the ten Disney Vacation Club resorts located at Walt Disney World.



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    I find it interesting that the mill rates for both the City of Bay Lake (+76.43%) and the City of Lake Buena Vista (+47.14) increased so much in 2017.

    Looking at the City of Bay Lake's budgets for 2016 and 2017, almost all of its revenues were from ad valorem taxes and "Contributions in Lieu of Taxes." So far, I haven't discovered the source of these contributions or why Bay Lake was receiving them. The 'contributions' were rather significant, amounting to $2,801,563 in 2016 and $1,123,866 in 2017.

    However, according to Bay Lake's 2018 budget, it is no longer receiving 'contributions in lieu of taxes.' Without that revenue source, Bay Lake has to rely almost exclusively on ad valorem taxes to fund its operations. This may explain why Bay Lake raised its mill rate so much in 2017.

    By the way, the single largest expense for Bay Lake is Public Safety. In 2018, the city will have $14,371,861 in revenues and will pay the Orange County Sheriff $11,984,016.






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