DeSantis says Florida will take over Reedy Creek instead of saddling counties with $1B bond debt

Florida governor Ron DeSantis says that the state will likely take over Disney World’s Reedy Creek Improvement District rather than local governments absorbing the special district.

DeSantis insisted on Monday that taxpayers in central Florida near Reedy Creek will not be forced to absorb the nearly $1billion bond debt that the district currently carries once its dissolution is completed in 2023.

The governor said that he is working on the proposal for the state to take over Reedy Creek and that he expects it to be considered after the November elections.

DeSantis stripped the special…