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►Disney
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ject to succeed. Reininger said the public sector must recognize the revenue benefits the park could generate over the next 30 years as part of its contribution toward expenses for such things as infrastructure costs.
Disney this week announced new projections of $1.86 billion in revenue that would go to the state and county directly from Disney or through related secondary development over the next 30 years.
Adjusting for 3.8 percent annual inflation over the 30 years, Disney says the county will receive $683 million and the state will receive $1.18 billion in revenue.
Disney expects Virginia to use “a fraction of those revenues” for infrastructure costs related to the park, Reininger said. “We think it’s reasonable to expect."
The park will require water and sewer service and an interchange at the 1-66 intersection at the site. Reininger said Disney would share some costs, but he could not estimate the amount.
State officials and Disney have estimated the cost of the interchange at between $17 million and $20 million.
The project’s opponents have suggested that the total costs could reach the hundreds of millions or billions of dollars, but Reininger said those estimates are way too high.
“Those are grossly overstated kinds of numbers,” he said.
The cost of extending water and sewer service 10,000-14,000 feet to the site will depend on the capacity and route required and cannot be estimated yet, according to John Sloper, director of the Prince William County Service Authority.
Although the company will not submit its first development plans to Prince William County until Jan
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