ORLANDO — Walt Disney Parks and Resorts wants a break on what it claims are "excessive" property taxes, the Orlando Sentinel reported.
In the Orange Circuit Court, Disney filed close to a dozen lawsuits at the end of last month. It said the assessments by Orange Country Appraiser Rick Singh exceeded its properties' fair market value for 2016. Disney wants a new tax bill and reimbursement for its court fees.
Singh valued Disney Epcot at $446 million, Magic Kingdom at $437 million and Hollywood Studios at $339 million, per the lawsuit.
Operators of Universal Orlando and SeaWorld theme parks also pursued a similar action against Singh, alleging taxes were too high. It's not unusual for owners of large properties to seek lower taxes. Among those who recently filed with the Pinellas County Property Appraiser for a tax cut was the owner of Tyrone Square Mall in St. Petersburg.