Vaughan receives 2024 Distinguished Budget Presentation Award!

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City Financial Team

The City of Vaughan is committed to financial stewardship, sustainability and good governance – and our efforts have been recognized for the 16th consecutive year. The City is the recipient of the Government Finance Officers Association (GFOA) Distinguished Budget Presentation Award for Vaughan’s 2024 Budget Book (PDF). 

 

This award was celebrated by Mayor Steven Del Duca and Members of Council during a ceremonial presentation at the Wednesday, Dec. 4 Special Committee of the Whole Budget Meeting.

 

The GFOA is a non-profit international association serving more than 21,000 government finance professionals throughout North America. It provides top quality publications, training programs, services and products designed to enhance the skills and performance of those responsible for government finance policy and management. The association’s Distinguished Budget Presentation Award encourages governments to prepare and issue budget documents of the highest quality. This ensures residents are fully informed of the administration’s policies, corporate initiatives and financial plans. 

 

To earn this award, the City was required to meet nationally recognized guidelines. These guidelines assessed how well Vaughan’s 2024 Budget Book served as a policy document, a financial plan, an operational guide and a communications device. Three independent reviewers rated it on 14 mandatory criteria in four different categories. 

 

Achieving this award reflects the City’s long-standing commitment to transparency, accountability and good governance within its budget process. It also demonstrates how effectively and efficiently the City is investing every tax-paying dollar it is entrusted with. 

 

QUOTE

“I am pleased to say the City of Vaughan has received the Distinguished Budget Presentation Award for the 16th consecutive year! Achieving this award year over year exemplifies our commitment to transparency and good governance. The 2024 Budget was designed to meet Vaughan’s needs now and into the future, delivering a city that grows stronger, safer and more prosperous every day. Our Budget is the result of hard work and dedication from Council, City staff and our residents. Thank you to everyone who contributed to the 2024 Budget Book. Together, we’re building a city that works for everyone guided by strong leadership that is delivering for you.”

- Mayor Steven Del Duca 

 

QUICK FACTS 

  • The City of Vaughan received the 2024 Distinguished Budget Presentation Award from the Government Finance Officers Association for its fiscal budget year beginning Jan. 1, 2024.

  • This is the 16th consecutive year the City of Vaughan has received this award. 

  • The City of Vaughan’s 2024 Budget Book was assessed on how well it served as a policy document, a financial plan, an operational guide and a communications device. It was rated by three independent reviewers on 14 mandatory criteria in four different categories. 

 

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