Florida's CFO Exposes $470 Million in Wasted Tax Dollars in Miami-Dade

Where does your property tax money actually go? Florida's CFO Blaise Ingoglia has been digging into every government budget in the state to find out — and the results are not pretty. In this episode he breaks down how Miami-Dade alone had $470 million in excessive spending, why local governments used COVID relief money to expand permanently instead of investing in infrastructure, and what happens when government grows faster than the private sector.

He also covers the 1,300+ arrests his office has made for financial crimes, insurance reform, the amendment 3 property tax debate, staged accident fraud in Miami and Broward, and a brand new initiative to grade every city and county in Florida on fiscal responsibility — like a restaurant health inspection grade. Plus he broke news about suing two insurance companies live on our show.

If you pay property taxes in Florida — this episode is required viewing. Vote November 3rd.

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Produced by: Ben Schwede
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0:00 Intro
1:05 About Blaise
2:18 Day-to-Day as Florida’s CFO
3:30 What Type of Frauds He Sees in Florida
6:18 Organizational Chart of Florida CFO’s Office
7:31 How They Determine Wasteful and Excessive Spending by Local Governments
14:05 County and Sheriff’s Budget
15:42 $470 Million Wasteful Spending in Miami-Dade County
19:22 Cities Going Bankrupt If Property Tax Reform Passes
20:25 Is There No Penalty for Mismanaging Taxpayers’ Money?
21:32 Funding NGOs and Non-Profits
27:40 Can CFO Lower Cost of Insurance?
30:46 How He Helped a Homeowner Save Over $7,000 on Home Insurance
32:35 Florida CFO’s Office Can Help You with Claims
34:18 Local Governments Hate the FAFO Audits
35:46 Will There Be Any Negative Effects If Property Tax Reform Passes?
37:41 Scorecards for Counties Financials
39:44 CFO is Taxpayers’ Lobbyist Against the Governments
42:12 Previous CFOs
43:03 How Wasteful Spending Could’ve Helped Communities Instead
44:03 State of Florida Report on A Day in Miami?
45:54 Top 3 Restaurants
51:17 Why Vote for Blaise Ingoglia for Florida’s CFO
52:29 Outro