Mayor Bevilacqua celebrates prestigious budget award
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Recognition rooted in City’s
commitment to fiscal transparency and accountability
Mayor
Maurizio Bevilacqua issued the following statement at today’s Council meeting:
“I am
proud to announce Vaughan has received a prestigious award from the Government
Finance Officers Association (GFOA) for the City’s 2018 Budget.
“The
Distinguished Budget Presentation Award is an international award and the
highest form of recognition in government budgeting. The City has received this
honour an impressive 11 consecutive years.
“This
award reaffirms our shared and ongoing commitment to fiscal transparency and
accountability. Our consistent approach to the annual budget process strikes a
fiscally sound balance of responsibly managing taxpayers’ hard-earned dollars,
while delivering the vital services and city-building initiatives our citizens
count on.
“It gives Members of
Council and the City administration a great sense of pride in knowing the standard
of living in our city has remained very high, while also achieving significant
savings. In our latest Citizen Satisfaction Survey, we received a 97 per cent
approval rating from residents who agree that the quality of life in Vaughan is
good.
“We have a subway connected to the heart of
the Vaughan Metropolitan Centre – our emerging downtown – and our city will
also be home to Canada’s first state-of-the-art smart hospital, Mackenzie
Vaughan Hospital. We recently welcomed Niagara University, the first university
in Vaughan and York Region, and progress continues on the new 900-acre North Maple
Regional Park.
“These are among some of the most notable
city-building initiatives in Vaughan – all while achieving $30 million in
savings since 2015.
“Our
annual budget is a foundational document, drawing on the experience and
expertise of all departments, and I congratulate everyone who shares in this
well-deserved recognition.”
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