Orange County Property Appraiser Enters Lawsuit Against SeaWorld
SeaWorld and Orange County’s property appraiser are in a legal dispute over the multimillion dollar value of the popular aquatic attraction. The appraiser’s office is defending its assessment in circuit court. Appraiser Rick Singh assessed SeaWorld at $192,560,841 for the 2014. SeaWorld officials, however, petitioned a new assessment at $182,477,297.
Singh's office issued a statement saying, "That figure is below 'just value' and in violation of Florida statute.
A change in property value could affect SeaWorld’s tax obligations.
In a statement SeaWorld said, "We expect that our property will be assessed at its fair market value.”