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Ron DeSantis: “We've maxed out the rainy day fund.”

Featuring: Ron DeSantis, Republican | Governor of Florida

Governor Ron DeSantis Discusses Fiscal Responsibility and Property Tax Reform in Florida

Published July 24, 2025 | Video Starts at 21:39

161 million added. So that's a total reserve of 734 million in reserves. As it stands now, look, we run budget surpluses in Florida. We've maxed out the rainy day fund. But, you know, there's also a point at which we shouldn't just be bogarting money at the state. Like we want to give back, right? Give back to taxpayers and do that. (21:39–21:42)

CLAIM

Asserts that Florida has maxed out its rainy day fund.

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Ron DeSantis

“We've paid off more than 41% of [Florida's state debt] since I've been governor.”
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“By the end of this fiscal year, we will have paid off almost 50% of the state's total historical debt.”
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“Since we've had Operation Vigilance Sentry, we've done 18,000 illegals. Just the state assets have stopped and gotten returned to their home…”
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“Rhode island was supposed to lose a seat. And guess who the Commerce secretary under Biden was? Former governor of Rhode Island. Did Rhode…”
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“We've had record increases in teacher salaries. We've dedicated this year's budget $1.35 billion just for teacher pay increases for school…”
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“We've done major investment, accelerated money to go to road projects to accelerate these, to be able to get this done.”
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“We've never dedicated this much investment in environmental restoration, Everglades restoration.”
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“Ten years ago, 15 years ago, Florida's your share of Florida state debt as an individual Floridian was close to, close to triple what it is…”
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“We've more than tripled the state's rainy day fund [since I became governor].”
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“We've put rainy day money in the rainy day fund to where we're not constitutionally able to do any more.”
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“Broward county, they've had almost no population growth on net in the last since 2020, but yet the budget's increased by like 50%.”
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“The CFO does have authority in Florida to conduct oversight and audits of any government agency that gets any state money.”
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“Property tax receipts have gone up 86% in the last six years in [Manatee] county.”
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“Property tax receipts have gone up 86% in the last six years in this county, and that's $213 million in increased collection.”
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“Growth in Manatee [County] has been about 14%.”
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“During the last six year fiscal period, there have been money added to Manatee's reserves. 161 million added.”
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“That's a total reserve of 734 million in reserves.”
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“We run budget surpluses in Florida.”
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“Manatee county has, I think, admirably lowered the millage rates for residents.”
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“We send a lot of state money around to different entities.”
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“We have the luxury in Florida, given the tourist footprint, given a lot of the non-residents that have homes here, given the shape of our…”
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“I launched Operation Vigilance Sentry a year and a half ago, two years ago, to help stop all the flotillas coming in from Jamaica, Haiti…”
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“Since President Trump took office. But when Biden was there, there were some holes. He didn't put enough resources down.”
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“There was a bill at the beginning of the year that, you know, the speaker of the House was trying to jam down that blaze opposed, and I…”
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“We have done more than any other state in the country.”
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“I had to veto their [congressional] map a couple years ago and I'm just like, guys, I'm going to veto it.”
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“And just last week the Florida Supreme Court upheld the map that all the naysayers were saying was somehow defective.”
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“I think if you look at that Florida Supreme Court analysis, there may be more defects that need to be remedied apart from what we've already…”
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“I also think the way the population has shifted around Florida just since the census was done in 2020, I think the state is malapportioned.”
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“We only got one seat. When some of these other states were getting seats. When we've obviously had more growth, we should have gotten at…”
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“When Biden took over, we were supposed to get two seats in Florida and we only got one.”
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“So we're malapportioned right now as a country, I think, because of the migration, but the state of Florida, I think for sure.”
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