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Disney Sues Central Florida County Over Increases in Property Taxes

Walt Disney World is telling one Central Florida county that property taxes do not work like “magic.”

Disney is suing the Orange County property appraiser over 2019 tax assessments for its theme parks, resorts, employee buildings, as well as other structures. The company has filed similar lawsuits in past years.

According to The Orlando Sentinel, Property Appraiser Rick Singh says the Disney complex has been undervalued for many years. However, Disney says it is now challenging errors in the assessments.

The Disney lawsuits explain that Singh listed the assessed value for the Magic Kingdom, which is the world’s busiest theme park, at $504 million. In addition, Epcot’s value was set at about $539 million.

Meanwhile, Hollywood Studios’ value was assessed at nearly $394 million while Animal Kingdom is worth $435 million.

Disney World has been closed since March 15 due to the coronavirus pandemic, and is planning a phased reopening starting July 11.