Archived
This content is available here for research, reference, and/or recordkeeping.
Date Available
6-22-2026
Year of Publication
2026
Document Type
Graduate Capstone Project
Degree Name
Master of Public Financial Management
College
Graduate School
Department/School/Program
Public Administration
Faculty
Urton Anderson
Committee Member
Rhonda Trautman
Faculty
John Foster
Abstract
Although extensive research has examined the creation and function of special tax districts in the U.S., little research has been done regarding the fiscal and governance implications of dissolution of these entities. This study examines the fiscal outcomes of dissolution versus restructuring special districts, using the former Reedy Creek Improvement District as the primary case study. Using a qualitative approach, the analysis compares restructuring and dissolution cases in California, Vermont, and Tennessee. Drawing on publicly available material such as financial documents, media coverage, and legislative records, this research evaluates impacts on taxpayer burden. Findings suggest that dissolving large, active special districts with debt and service responsibilities poses significant fiscal risks for surrounding governments and taxpayers while restructuring through more oversight and governance reform may be more effective at preserving service continuity and long-term financial stability.
Recommended Citation
Huber, Tasha, "Dissolution or Restructuring? Fiscal Implications for Taxpayers in Special Tax Districts: A Case Study of the Reedy Creek Improvement District" (2026). MPA/MPP/MPFM Capstone Projects. 477.
https://uknowledge.uky.edu/mpampp_etds/477
