City of Belleville Budgets
The annual budget is an important policy document that dictates how the City will collect and allocate resources to best improve and maintain City services and infrastructure for the community.
The budget is broken down into two components: the Capital Budget and the Operating Budget. Below are guiding documents that simplify the principles of municipal budgeting and the City’s process approach to Council’s approval and adoption:
2025 Budget
| 2025 Capital Budget |
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| 2025 Operating Budget |
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Planning for the 2025 operating budget is currently underway. A draft will be publicly available on January 24. |
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| July & August | Presentation of preliminary survey results to Council and obtain operating & capital budget guidelines. |
| October 7 | Draft Capital Budget posted and public survey released to obtain feedback. |
| November 18 | Capital Budget Council meeting and presentation of feedback received. |
| January 24 | Operating Budget posted and public survey released to obtain feedback |
| February 20-21 | Operating Budget Council meetings and presentation of feedback received. |
Other ways to have your say
Questions or comments can be submitted through our 2025 Draft Comment Card or at budget@belleville.ca
Historical Budgets
The City’s historical Capital and Operating Budgets below may include amendments made throughout the year in accordance with the City’s Budget & Financial Controls Policy.
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| Historical Budgets (2019-2022) | ||||
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Request a copy of the Historical Capital and Operating Budgets (2019-2022) |
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Reserves & Reserve Funds |
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Reserve Fund Balances are reported to the City’s Finance Committee bi-monthly in accordance with the Reserve & Reserve Fund Policy. |
Financial Statements
Financial Statements are prepared annually and reviewed by an independent auditor. All statements are in compliance with Public Sector Accounting Standards for municipalities.
| Financial Statements |
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Request a copy of the Financial Statements 2017-2023. |
FIR Reporting
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About FIR Reporting |
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All Ontario municipalities are required to submit an annual Financial Information Return (FIR) to the Ministry of Municipal Affairs and Housing. To review the City’s annual submissions and compare with other municipalities, visit the Province's Financial Information Return website. |
Shoreline Casino
Every year the City of Belleville receives quarterly payments from the Ontario Lottery and Gaming Corporation for hosting the Shorelines Casino.
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The purpose of this funding is to provide Capital Funds to infrastructure projects as follows:
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