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Ron DeSantis: “We've maxed out our rainy day fund. We've quadrupled it…”

Featuring: Ron DeSantis, Republican | Governor of Florida

LIVE: Florida Gov. Ron DeSantis talks property taxes

Published May 18, 2026 | Video Starts at 21:50

They did it. And I've ribbed a lot of these. Some of These senators about Duke is like, a lot of them realize it was flawed, but basically, you know, we've. We've maxed out our rainy day fund. We've quadrupled it since I've been governor. They wanted to create like a separate rainy day and just park billions of dollars in there and do nothing with it. Even above and beyond the rainy day fund. (21:50–21:55)

CLAIM

Asserts that the rainy day fund has been quadrupled during his tenure as governor.

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.

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Ron DeSantis

“We now have millions of more people than New York state does, and yet their budget is over twice the size of the budget of the state of…”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 00:28-00:38
“New York City, 8 million people. Their budget is bigger than the budget of the state of Florida with 23 and a half million people.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 00:37-00:48
“In 2019, all local governments in Florida took in $32 billion of revenue from property taxes. Today that numbers 60 billion seven years…”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 06:47-07:03
“We opened up the facility down in the Everglades and we've now had 22,000 illegal aliens that were sent there by DHS.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 38:56-39:07
“Florida has 140 plus million people that visit this state every year.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 44:08-44:19
“This country's had the worst inflation it's had in 40 years.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 01:40-01:45
“We've done almost 10 billion in tax cuts.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 02:22-02:26
“We made the exclusion of sales tax for baby items permanent.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 02:26-02:32
“We eliminated the tax on commercial business rent.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 03:06-03:11
“We did a toll rebate program, 50% reduction in tolls for commuters across Florida.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 03:15-03:23
“There's not been one penny of increase for in-state tuition at our public universities.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 03:42-03:57
“Florida's budget is basically been flat or declining over the last four years.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 07:05-07:11
“You've had almost 100% increase in revenue going to local governments.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 09:03-09:10
“The projection under current is that by 2031 they'll be taking in 83 billion.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 09:48-09:55
“The vast majority of the revenue that is being taken in on property tax by local governments is not for homestead properties.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 12:09-12:20
“That is probably about almost 70% of the entire revenue that is coming in.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 12:36-12:43
“We've just lowered taxes since I've been here.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 13:28-13:31
“We're going to focus on homestead exemption for Floridians.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 16:14-16:20
“70% of the revenue that's not even affected by a homestead exemption should only be allowed to be used for public safety, police, fire…”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 16:53-16:59
“If you move here after this is enacted, you got to pay tax for a certain period of time before you qualify for this.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 18:17-18:25
“You gotta have a limitation on that to protect particularly our small businesses so that they can't increase the value and then tax more on…”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 20:50-21:00
“We're not creating any taxes and we're not raising any taxes. Certainly at the state level.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 21:19-21:25
“The Florida legislature voted last year to put on the ballot a provision that's going to fail.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 21:31-21:37
“Our budget net has increased less than inflation and population growth over the last six or seven years.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 23:38-23:48
“Our budget overall, nominally is higher than it was seven years ago, but we've also added 2 plus million more people.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 23:48-23:55
“Commercial, non-residential and non-homestead residential...that's probably, you know, I don't know, 40 some billion dollars.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 24:34-24:46
“I think ultimately a lot of these local jurisdictions will benefit because I think more money in people's pocket is more money that's going…”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 25:18-25:28
“We obviously have no income tax and our sales tax exempts medications, groceries, baby items.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 29:09-29:21
“California has the highest income tax in the entire country amongst all 50 states.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 29:52-29:59
“California also has the highest sales tax.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 29:58-30:01
“We're considered a very low tax state in terms of our state policy.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 30:37-30:43
“If you say total taxes, we're still lower than most and we're probably in the top 10.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 30:42-30:50
“We are not number one simply because of property tax.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 30:50-30:54
“We saw, you know, criminal aliens committing criminal offenses and victimizing Floridians and Americans.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 36:37-36:44
“We did a special session of the Florida legislature.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 37:51-37:54
“There would be a requirement in Florida law that all state and local law enforcement agencies assist DHS in this mission.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 37:55-38:03
“Lives were saved as a result of [detaining 22,000 illegal aliens].”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 39:21-39:24
“People come here and they spend money, they contribute with taxes and to the state for sure with sales tax.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 44:30-44:37
“You got to limit the ability of local governments to increase assessments on businesses.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 45:22-45:29
“I think people have definitely reached the limit on what they can afford on, particularly on property tax.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 46:20-46:27
“We were at 32 billion in 2019 for local governments in all of Florida. Now it's 60.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 50:17-50:23
“In four or five years [local government revenue] will be 83 billion, up from 32 billion.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 51:02-51:02
“That'll be bigger increase in tax going in than all the tax that was taken in in 2019.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 51:12-51:20
“Some of these people are fleeing the wealth tax from California.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 51:24-51:29
“We're getting close to, I think, landing the budget for the legislature.”
LIVE: Florida Gov. Ron DeSantis talks property taxes | Uploaded May 18, 2026 | 51:57-52:03