Municipal Stability
Municipal Stability
The City of Waterbury is on solid ground. By putting a proactive and collaborative vision in motion over the last decade, crime is down, budgets are balanced and investments are happening.
Top Bond Rating Among CT Cities
Waterbury’s “AA” rating is just two notches from the highest bond rating available – equal to that of Stamford, and stronger than the other big cities in Connecticut.
GRAND LIST GROWTH
The continual trend in grand list growth – including over $440 million between 2016-2021 – is reflective of the ongoing economic resurgence in Waterbury. Personal property tax value has increased more than $29 million, as businesses are investing in key components like new machinery and equipment.
Watch Now
The City has deeply invested in its public service buildings and facilities to make accessing and delivering services easier.
Waterbury City Hall Restoration
Waterbury completed a $36 million restoration of City Hall, which was designed by renowned architect Cass Gilbert – famous for designing the world’s first skyscraper, and the U.S. Supreme Court Building.
New Department of Public Works Facility
A $35 million investment was put into Waterbury’s Department of Public Works to centralize operations into a 137,500 square foot facility. The new facility saves the City over $400,000 per year in avoided lease costs.
New Businesses & Local Jobs
In the last decade, more than 150 new businesses of various sizes and service industries have opened in the City of Waterbury. These businesses have yielded over 3,000 new jobs.
