Over just the last few months, the situation with Disney World’s Reedy Creek Improvement District (RCID) has greatly changed.
The Walt Disney World main gate
The RCID is a special district under which Disney World has operated since its creation in 1967. The RCID essentially allows Disney World to act as its own county and have a great deal of control and direction over decision-making for the land on which it operates in Orlando. The RCID is now set to be dissolved in 2023 due to a bill that was recently passed by the Florida House of Representatives and Senate, and then signed by Governor Ron DeSantis. But the dissolution the RCID could encounter a big roadblock when it comes to the RCID’s debts.
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