Vaughan receives 2023 Distinguished Budget Presentation Award!
The City of Vaughan takes a sound approach to managing public finances – and our efforts have been recognized for the 15th consecutive year. The City is the recipient of the Government Finance Officers Association (GFOA) Distinguished Budget Presentation Award for Vaughan’s 2023 Budget Book (PDF).
This coveted award was celebrated during a ceremonial presentation at the Tuesday, Dec. 12 Special Council (Budget) meeting.
The GFOA is a non-profit international association serving more than 22,500 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 2023 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
“The City of Vaughan receiving the Distinguished Budget Presentation Award for the 15th consecutive year is no small feat! This is the most prestigious award in government budgeting, and achieving it year over year exemplifies our commitment to transparency and good governance. Vaughan’s budget process is a significant undertaking, as we take the management of public funds seriously. Delivered with input from staff, Council and thousands of residents, our annual budget process is executed through fair, accountable and award-winning practices. I want to thank everyone who contributed to the 2023 Budget Book, which continued to position the City as a municipal leader in financial management and set us up for further success with Budget 2024: Respecting Taxpayers, Delivering Service Excellence.”
- Mayor Steven Del Duca
QUICK FACTS
The City of Vaughan received the 2023 Distinguished Budget Presentation Award from the Government Finance Officers Association for its fiscal budget year beginning Jan. 1, 2023.
This is the 15th consecutive year the City of Vaughan has received this coveted award.
- The City of Vaughan’s 2023 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.
LEARN MORE
The City of Vaughan’s 2023 Budget Book (PDF).
The City of Vaughan’s budget webpage.
The Government Finance Officers Association’s webpage.
