FAQ

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.

https://www.danbury-ct.gov/

Step 1 - Learn about the bonds

Read the Preliminary Official Statement (POS) available from this web site or from the participating brokers to learn more about the bonds, including their security, maturity dates, credit ratings, the types of projects they finance and other information that you may find important to help you make an informed investment decision. This website is not an offer to sell any bonds.

Step 2 - Open a brokerage account

You must have an account with one of the brokerage firms participating in the bond sale, or with another firm that can place an order through a brokerage firm participating in the bond sale. Please check to determine if your broker can place an order through the participating brokers. (If you have a brokerage account, go to Step 3.) If you do not have an account, you may open one and purchase bonds during the Retail Sale Order Period. A list of brokers participating in the sale can be found on the left side of this page.

Investors are encouraged to begin the New Account process well in advance of the sale date. Depending on the brokerage firm, internal new account procedures may take some time to process.

Step 3 - Place your order

Contact the broker with whom you have an account, either online or by phone, to get more information about how to buy bonds during the Retail Sales period. Discuss with the broker the number of bonds, the maturity date and the price at which you are willing to purchase the bonds, as well as any questions you may have from examining the Preliminary Official Statement (POS).

Our annual documents are published as follows:

Link to our Department of Finance Page: City of Danbury Department of Finance

1. Comprehensive Annual Financial Report: Annually in March-April

2. Proposed Budget: Available on City’s website between March 10th - 21st

3. Adopted Budget: Adopted Budget available on City’s website by July 1st

4. Official Statement: July and September

Matthew A. Spoerndle

Senior Managing Director

Phoenix Advisors, LLC

53 River Street, Suite 1

Milford, CT 06460

Tel: 203.878.4945

Fax: 609.291.9940

www.muniadvisors.com

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You can access the City of Danbury's Calendar of Events HERE .