Our department is primarily responsible for corporate financial management, accounting services

The Financial Planning and Development Finance department is committed to providing valuable and useful financial information to better assist departments, the Senior Leadership Team and Council in financial and strategic decision-making.

Our department is primarily responsible for financial policies, developing the tax-supported budget and providing financial advice to departments and Council. These activities are essential to ensure the City of Vaughan has the tools and information necessary to make well-informed financial and strategic decisions.

Vaughan Fire and Rescue Service (VFRS) continues to be recognized in Ontario as a leader in emergency service delivery. In 2022, VFRS responded to more than 12,800 service calls.

The successful operation of VFRS depends on its dedicated staff in the following units:

A sound governance structure of internal and external reporting is imperative to the City’s success in achieving this four-year plan. So is a framework that ensures accountability through regular monitoring and reporting of results based on the Objectives, Key Activities, Results (OKR) methodology.

The budget is a very detailed process that incorporates the annual budget, from which the annual tax rate is established, plus three forecasted years. The operating budget incorporates financial information on all approved and legislated municipal initiatives, programs and services, including their associated funding requirements. The approved budget is a result of an extensive and exhaustive approval process, which requires departments, SMT, and ultimately Council approval.

The Long-Range Fiscal Plan (LRFP) does not replace the annual budget process but compliments it by providing a longer-term view.

Annual Financial Statements: