The Healthcare portfolio maintained by the City is not a core function of the Municipality (it is a provincial responsibility). but has been identified as a critical community priority. These include:
- Doctor Recruitment Program
- Quinte Health Care
- University Hospitals Kingston
In 2025, Elexicon dividends were suspended and promissory notes held by the organization converted to be reinvested in shares of the organization. As a result there is a projected shortfall in the Elexicon Reserve Fund.
To continue existing programs, as well as needed healthcare practitioner recruitment activities in the future, diversifying funding sources and proactively adjusting reserve allocations, the City of Belleville is positioned to sustain and respond to these funding challenges.
Belleville has approved a funding approach for 2025-2030 to replace the Elexicon funding and maintain the programs.
The proposed strategy will first utilize all remaining and available funding from the Tax Rate Stabilization Reserve Fund – Automated Speed Enforcement for the Healthcare practitioner portfolio. The projected balance available as at the end of December 31, 2025 is estimated to be approximately $1.6M.
The programs will increasingly use property taxes and revenues from the casino.
This report provides an overview of the financing strategy for the Health Services portfolio, including physician recruitment, hospital donations, and related health initiatives, as outlined in the 2026 operating budget and supporting schedule to this report.
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