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On behalf of the City of Danbury, I would like to welcome you to our investor relations website.
We appreciate your interest and investment in bonds issued by the City, as it allows us to make critical investments in public infrastructure throughout Danbury. We are committed to maintaining our strong bond ratings, and we are also committed to being as transparent as possible with the investor community and public at large.
When considering working with the City of Danbury, it is also beneficial to understand "who" we are and "what" we are about. The City of Danbury is a large city with a population over 84,000 residents. Danbury's diverse community is something we are all proud of and it has not gone unrecognized. Public safety is always one of our key priorities, and we take great pride in ensuring the safety and well-being of the citizens of Danbury. In fact, we were once again recognized as one of the safest large cities in Connecticut! As we continue our economic rebound, we continue experiencing the joys of seeing people get back to work!
In addition to its growth and diversity, Danbury's vibrancy also has to do with the responsiveness to its growth, businesses choosing Danbury as their new home, focus on the growing student population, and attention to infrastructure. As our population grows, so does the need for public health safety in relation to addressing the COVID-19 pandemic. The Department of Health was extremely instrumental in ensuring testing and vaccination sites were communicated and accessible to the general public, as we do our part to increase safety and decrease infection rates in our community. In doing so, we are experiencing sharp decreases in the infection rate!
Public Safety is a top priority, as it is the cornerstone of overall health and prosperity of the City. As a result, the Danbury Police Department has seen a drop in crime in 2020, and the trend should continue going in the right direction.
I hope you find this website useful as you seek to better understand the credit fundamentals of the city. Please do not hesitate to contact our office with suggestions for how we can be doing better.
Thanks again for your interest in our bond program!
David W. St. Hilaire, Director of Finance