Connelly, Daniel

Dan Connelly

Senior Advisor

Background & Experience

Dan Connelly has over 20 years of financial consulting experience at the federal, state, and local government levels. Mr. Connelly’s public finance experience includes multi-year financial planning, capital improvement planning, budgeting, cash flow analysis, debt structuring, workforce and labor cost analysis, pension review, strategic planning, financial feasibility evaluation, tax policy analysis, privatization analysis, management review and audit, and credit rating evaluation, among other areas. He is a Series 50 Municipal Advisor Representative and has advised on over 40 debt financings, hedging, and bond proceed/escrow investment transactions totaling over $2.5 billion in par/notional amount. He has provided expert testimony in labor arbitration hearings and various court proceedings and developed written expert testimony for municipal asset sales. Mr. Connelly has extensive experience developing multi-year financial plans for Pennsylvania municipalities participating in the Commonwealth of Pennsylvania’s Act 47 Program for Distressed Municipalities and the Strategic Management Planning Program.

In addition to his role at ESI, Mr. Connelly is also a Senior Advisor with Marathon Capital Strategies, an independent municipal advisory firm headquartered in Glassboro, New Jersey. Since joining Marathon in 2018, Mr. Connelly has advised on over $800 million in par amount consisting of a mix of fixed and variable rate and public and private issuance. ​ Mr. Connelly provides transaction management, credit analysis, financial planning, refunding analysis, credit enhancement strategy, arbitrage rebate, and escrow verification services to governmental and non-profit entities. He is familiar with traditional and synthetic fixed and variable rate debt structures and has helped clients meet their capital planning needs through the public and private debt markets.

Prior to joining Marathon, Mr. Connelly worked at Fairmount Capital Advisors, Inc., an Independent Registered Municipal Advisor registered with the U.S. Securities and Exchange Commission and Municipal Securities Rulemaking Board. At Fairmount, Mr. Connelly headed the firm’s government consulting practice and led engagements such as five-year financial planning and budgeting, financial feasibility studies, and strategic planning, among others.

Before joining Fairmount, he worked for the management consulting firm American Management Systems (now CACI). At AMS, he was responsible for managing strategic planning and certification programs for organizations within the U.S. Navy.

Areas of Expertise

  • Public Finance
  • Tax-Exempt Debt Issuance
  • Financial Planning and Modeling