Walt Disney World has won another property tax lawsuit against the Orange County Property Appraiser. Every year, the resort files a flurry of lawsuits claiming the appraiser’s just value for each resort exceeds the actual market value.

Art of Animation Property Value Reduced

We previously reported on Disney winning their 2016 suit regarding Disney’s Animal Kingdom Lodge and Disney’s Wilderness Lodge. The newly-resolved centers on the property tax of Disney’s Art of Animation Resort.

The settlement lowers the just value (not the assessed value) of the resort for the tax years of 2015 through 2018. The resort’s just value was between $253 million and $324 million each year.

The settlement determined a 3% reduction to each year, bringing the values down to about $245 million – $314 million.

The total reduction is just short of $34 million. This isn’t Disney’s refund, though, just the difference in the resort’s value.

The tax collector must now recalculate the taxes Disney should have owed based on the readjusted just values. The tax collector will then pay Disney any money they are owed, if it’s found they paid too much in taxes.

This week, members of the Orange County Classroom Teachers Association and Disney Cast Members represented by UNITE HERE delivered petitions calling on Disney to drop the lawsuits. Orange County Public Schools has set aside $119 million so far for any refunds that may be issued to Disney and superintendent Dr. Maria Vazquez has said that any money left over from the lawsuits could go to teacher salaries.

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