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Orange County Property Appraiser Appealing Disney Value Judgement

Image: Disney, Wikimedia Commons
Image: Disney, Wikimedia Commons

The Orange County Property Appraiser is appealing a decision by a judge who sided with Disney in a property tax dispute.

The judge ruled that the appraised value of Disney’s Yacht and Beach Club for 2015 should be reduced by 40 percent, and more than one million dollars be returned to Disney.

Property appraiser Rick Singh argues there was an error in the formula the court used to determine the appraised value and is asking the court to take another look.

"We are confident that a closer review of the calculations used to determine value will result in the ruling being overturned. It is simply illogical that The Yacht and Beach Club – with nearly 1200 guest rooms and over 100,000 square feet of meeting space – has a market value of $209 million,” said Singh in a statement.

Property taxes paid by owners are based on appraised value.

Brendan covers space news for WMFE, everything from rocket launches to the latest scientific discoveries in our universe. He hosts WMFE's weekly radio show and podcast "Are We There Yet?" which explores human space exploration. Brendan is a native Floridian, born and raised in Broward County. He moved to Central Florida in 2005 to attend the University of Central Florida. He began working at WMFE as a college intern where he discovered his love for public radio.