The Latest Breaking News from Reedy Creek

LAKE BUENA VISTA, Fla. — As he declared victory over Walt Disney Co. on Monday, Gov. Ron DeSantis lectured the corporate leaders of the state’s biggest employer in its lifeblood tourism industry.

MIAMI — The sponsor of the bill to repeal Walt Disney World’s special taxing district denied reports that legislators are planning to “reverse course” and suggested that while a compromise is possible, it could still dramatically dismember the special privileges the company has held for 55 years.

At the first meeting of Disney World’s private government since Florida Gov. Ron DeSantis signed into law a measure to dissolve it next year, officials were still confused about what the new legislation meant, even as some ripple effects were starting to be felt

Officials have warned that getting rid of the taxing district the company imposed on itself would be a huge tax liability for neighboring residents