Greg Abbott: “The budget surplus we've had each of the past four years…”

“Before I go into them, I need to give you the context. The context is. Listen, everybody, you're looking at here on stage right now. We did extraordinary things … The budget surplus we've had each of the past four years exceeds the amount it would cost to eliminate any school district property tax in the state of Texas. … your property taxes. And you're going to see that on your next property tax bill. But I can tell you right now what I think, you may already think, and that is that will improve your next property tax bill.” (04:08–04:19)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.