The City of Danbury plans to put some surplus funding toward capital projects in future budgets. $3 million is expected to be set aside. Danbury will also earmark money for the upcoming state mandated property revaluation, projects at Danbury Municipal Airport and retroactive raises approved for the firefighters and municipal employees unions. Some surplus funding will also be put into a reserve for city-funded grant agencies through the United Way of Western Connecticut. Some money is typically included in the City's operating budget, but was in 2020-21 due to COVID-19 financial challenges.
The Danbury Board of Education's revenues for the last fiscal year surpassed expenditures by $2.9 million dollars. The surplus will be placed in a contingency fund for unplanned school costs. The Board of Ed also expects some federal coronavirus relief grant reimbursement for the school lunch program and remote learning, which would also be placed into contingency.
The Candlewood Lake Authority had asked for a big budget increase last year and several of the five surrounding towns approved the funding as requested. Danbury did not initially budget for the increase, but the City Council at their meeting last week voted to add $53,600 to its contribution. The CLA says the funding is going toward patrol boats, staffing and other needs.