The Cambridge Memorial Hospital Foundation is hoping to get a big financial boost from city council and the community.
Lisa Short is the executive director of the Cambridge Memorial Hospital Foundation.
She tells Kitchener Today with Brian Bourke on 570 NEWS that they're asking for $860,000 on an annual basis.
"We had an opportunity to speak to council on Tuesday night," says Short. "We're so appreciative of their openness and their support to at least explore ways to ensure that the community has the very best in healthcare, now and into the future."
It's the first time in around 20 years that the foundation has asked taxpayers for funding.
The last time was to help build the expansion wing, a project that has been plagued by delays.
The fundraising arm of the Foundation currently raises $2.5 million per year.
With the new expansion coming into fruition, they'll need to raise twice that.
"Historically, as a foundation, we've been able to invest $2 million to $2.5 million into the hospital each year," says Short. "We know that the hospital will need $5 million annually moving forward. We're looking to the city to help us close that gap."
Short adds that several other communities -- including Windsor and Guelph -- have stepped up to give similar funding to their hospitals.
"All hospitals in Ontario are funded the same way," explains Short. "We all get funds from the provincial government for the building. The community, in every case, is responsible for making the hospital what it is and providing for the equipment inside.
She adds that the hospital has no debt, and they don't intend to gain any.
They expect to hear back from council by the end of March.