Learn about the City’s 2025 Budget process

Image
Bird's eye view of residential area

The City of Vaughan’s 2025 Budget process is underway. It takes a lot of planning to create a budget for a city the size of Vaughan. Learn more about how it works and get involved! 

 

Each year, the City creates a budget to determine how tax dollars are allocated – from recreational programs and waste collection to snow removal and fire services. Mayor Steven Del Duca will table the City’s 2025 Budget and 2026 Financial Plan later this month in alignment with the Government of Ontario’s Bill 3, the Strong Mayors, Building Homes Act, 2022.

 

The 2025 Budget and 2026 Financial Plan will be built on a foundation of respect for taxpayers, 

highlighting the Mayor and Members of Council’s hard work to address the cost of living, community safety and tackle gridlock. It will also outline a progressive plan to move the city forward. 

 

PUBLIC MEETINGS

Public meetings to discuss the 2025 Budget and 2026 Financial Plan will be held at Vaughan City Hall on:

  • Wednesday, Dec. 4 at 7 p.m. – Special Committee of the Whole (Budget Meeting)
  • Tuesday, Dec. 17 at 8 p.m. – Special Council (Budget Meeting)

 

The property tax budget and the water, wastewater and stormwater budget are discussed at the same time. Meeting agendas can be found online at vaughan.ca/CouncilMeetings. These meetings can also be watched live online at vaughan.ca/LiveCouncil.

 

GET INVOLVED

As a resident or business owner, you’re invited to learn more about how the budget will set the stage for Vaughan’s promising future. There are many ways to get involved in the budget process:

 

ABOUT THE BUDGET

The City has a sound approach to public finances – with a focus on addressing the cost of living, ensuring community safety and tackling gridlock, while delivering quality public services that residents, businesses and visitors rely on each day. The budget is rooted in fiscal sustainability and serves to secure greater efficiencies and maximize every dollar the City is entrusted to invest. In fact, Vaughan continues to have one of the lowest tax rates in the GTA. 

 

A municipality’s budget is made up of two parts: 

  • Operating – spent on running City facilities, programs and services. 

  • Capital – spent on projects that include building and repairing City infrastructure, such as roads and buildings. 

 

To fund the operating and capital budgets in Vaughan, annual revenues are generated. The main sources of revenue are:

  • Property taxes – The property tax bill is divided between the City of Vaughan, York Region and Province of Ontario for education purposes. Vaughan uses its portion of the property tax to pay for City programs and services.
  • User fees and service charges – These are paid by residents and businesses when accessing certain services, such as recreation programs and permits.
  • Development charges – These are paid by developers and are used to help fund growth-related capital projects, such as roads, pipes, libraries and fire halls.
  • Water and wastewater rates and stormwater charge – These are paid by residents and businesses for water related services to ensure the City can provide safe drinking water, collect wastewater effectively, manage stormwater to mitigate flooding and save for future infrastructure needs.

 

For more information, visit vaughan.ca/budget

 

For updates and news as they happen, subscribe to Vaughan News and follow the official corporate channels on XFacebookInstagram and LinkedIn.