Vaughan council, staff and local residents took part in the first public meeting to discuss the draft 2019 budget and 2020-2022 financial plan, which was tabled at the city’s finance, administration and audit committee on Jan. 21.
The budget and financial plan are a commitment to prudent fiscal management by ensuring that every tax dollar collected is allocated to support the city’s long-term vision. It is anticipated that Vaughan’s total tax rate will continue to be one of the lowest in the Greater Toronto Area in 2019, with a proposed tax levy increase of three per cent.
The citizen-focused budget reflects the goal of transformational city building and moving forward while also delivering services more effectively and efficiently. Built upon the strong financial foundation that has been created to support a fast-growing community, Vaughan embraces sustainable growth that balances the need to expand with opportunities to enrich lives through arts and culture, parks and trails, recreation and dedication to fiscal responsibility. Support for those efforts are reflected in highlights from the 2018 citizen satisfaction survey, which show that an impressive 97 per cent of citizens are happy with the quality of life in Vaughan.
“We are renowned for responsibly managing taxpayers’ hard-earned dollars, while at the same time safeguarding investments for the quality public services families, businesses and citizens rely on each day,” said Vaughan Mayor Maurizio Bevilacqua. “In Vaughan, we use best practices to guarantee fiscal sustainability and credibility. The draft 2019 budget and 2020-2022 financial plan is supported by these bedrock principles which guide our efforts to secure greater efficiencies and maximize every dollar we are entrusted to manage by the people of our great community.”
The next public meeting to discuss the draft budget is Feb. 4 at 7 p.m. The special council meeting to approve the draft budget is scheduled for Feb. 20 at 7 p.m. Both meetings take place at Vaughan City Hall and are live streamed at vaughan.ca.
Photo: Vaughan Mayor Maurizio Bevilacqua.