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City of Danbury
Investor Relations
David W. St. Hilaire, Director of Finance
About
Learn about City of Danbury, including Danbury in the News, Key Projects, and Our Team.
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- Population
- 85,246
- Bond Ratings
- Aa1/AA+/AAA
Source
- Total Bonded Debt Outstanding
- $196.2 Million
Source
City of Danbury's Mission Statement
The City of Danbury’s mission is to ensure a superior quality of life for its citizens by providing the most cost effective municipal services while preserving the cultural, historical and natural resources of the city. We are committed to working with citizens to enhance Danbury’s position as a premier place to live, work, and raise a family in a traditional yet progressive community.
Danbury in the News
October 17, 2019
News
Fitch Rates Danbury, CT's $50MM Ser 2019B GO Bonds 'AAA'; Outlook Stable
Please view the article by clicking the link.
October 10, 2019
News
Millennials Are Coming Back Home to Danbury. Now What?
A top commercial real estate developer predicts an influx of young home buyers — but only if we play our cards right.
DANBURY, CT — The popular, and more often than not, angry, opinion about living in the greater Danbury area is that everyone is fleeing for lower taxed pastures.
Jim Fagan, senior managing director at Cushman & Wakefield, one of the world's largest commercial real estate businesses with properties throughout southwestern Connecticut, has a different perspective. He believes that the generation of millennials that moved away to college and never returned to their roots is about to make a big comeback. They're getting older, and the allure of Brooklyn and Boston has begun to dim.
"There's probably no place better to raise your kids than Westchester or Fairfield counties. You have four seasons, you're close to Manhattan, you have the Long Island Sound, you can go skiing in a couple of hours, a great public schools system, all these wonderful things. Where would you rather raise a family?" Fagan said. "The economics dictate you come out and find some places that are a little less expensive to live, and also have great public schools, a little bit more space to live."
Although the geography and the lower costs are attractive to the former big-city-dwellers, Fagan says many of the towns are going to need to alter their mindset if they hope to lure millennials back home.
By Rich Kirby, Patch Staff | Aug 30, 2019 7:25 pm ET | Updated Aug 30, 2019 7:36 pm ET
October 10, 2019
News
Danbury's Unemployment Rate Ranks Among Lowest in CT
Danbury Unemployment Rate: Among the Lowest in CT: Current Labor Force Data for CT Towns - State of CT - September 20, 2019
Based on Bureau of Labor Statistics data extracted September 20, 2019, Danbury's Unemployment Rate is among the lowest among Connecticut cities with a Labor Force of greater than 40,000 as of August 2019, with a rate of 2.9%.
Danbury's rate dropped from 3.2% in June 2019 and 3.0% in July 2019. In comparison, the State of Connecticut unemployment rate is 3.6% as of August 2019, 3.7% in June 2019 and 3.6% in July 2019. Danbury continues trending below the State's level.
Key Projects
Waste Water Treatment Plant Upgrade
Owned by the city of Danbury, CT and operated by the Department of Public Utilities, is the City of Danbury Water Pollution Control Plant (DWPCP). The Public Utilities Division oversees the contract operation of the city’s Water Pollution Control Plant in accordance with the Wastewater Treatment Facility Service Agreement between the City of Danbury and Veolia Water North America. In accordance with State and environmental group mandates, the waste water facility modification shall remove 98% of phosphorous from the water being discharged from the plant.
Photo: H John Voorhees III | Hearst Connecticut Media
Primary Settlement tanks at the City of Danbury wastewater treatment plant in Danbury, CT
Danbury High School Addition and Renovations
**Project Update: **
The Danbury High School Construction Project Addition, (Danbury Freshman Academy High School) has been completed and its Ribbon Cutting Ceremony was held August 2018.
The Danbury High School Construction Project Addition cost was $50 million dollars, and approximately 64,000 square feet, including three floors, adding 26 classrooms, a new gymnasium and a 9,000 square foot Performing Arts Building.
Danbury High School Tennis Courts
New tennis courts constructed at Danbury High School are manufactured with "post tension concrete". This type of concrete construction lengthens the life of concrete by pre-stressing the concrete with lineal cables running through the slab in a grid pattern. By adding tension to these cables, it make the concrete stronger, extending its life and reduces cracking.
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Reservoir Street Culvert Replacement
The Reservoir Street Culvert Replacement project was the full replacement of a culvert which reached the end of its useful life span. The culvert dissects Reservoir Street in the south portion of Danbury near the Bethel town line. The box culvert was completed ahead of schedule and within budget. This is a heavily traveled roadway with over 2000 trips per day and is a vital artery connecting the two municipalities. In addition to the culvert replacement, the roadway area has been widened at the intersection. Reservoir Road has been improved with resurfacing throughout the roadway.