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:
As a reflection of this ongoing commitment, the City adopted an update to its Indigenous Land Acknowledgement on June 22, 2021. Council endorsed an amendment to address existing inaccuracies. This includes changing the title from “Aboriginal Territorial Acknowledgement” to “Indigenous Land Acknowledgement,” in addition to a revised statement. It was ratified before Council on Tuesday, June 22 and reads as follows:
The City of Vaughan has proclaimed June as National Indigenous History Month and National Indigenous Peoples Day on June 21
The mission of the City’s Diversity, Equity and Inclusion Strategy and multi-year action plan (PDF) is continuous commitment to identifying forms of discrimination that create barriers to equity and inclusion in the workplace, and addressing inequities in access to services, community participation and civic engagement.
The City strives to foster a culture that is inclusive and respectful, where all citizens, employees, businesses and visitors are provided accessible opportunities to engage and participate, is proud to have diverse communities, and values the significant contributions diverse communities make to the cultural, economic and social achievements in Vaughan.
