Executive Board

Terri Velasquez, CPFO

GFOA President-Elect, Finance Director, City of Aurora, CO

Terri Velasquez, CPFO

GFOA Activities

– GFOA Member for 22 years

– Served on GFOA’s Committee on Retirement and Benefits Administration (2008 to 2013)

– Served on GFOA’s Executive Board Nominating Committee (2015 to 2017)

– Through strong financial leadership, the City of Aurora has received GFOA’s Certificate of Achievement for Excellence in Financial Reporting for 31 consecutive years and for 41 years total (currently the highest number of years for the award for entities in Colorado) and GFOA’s Distinguished Budget Presentation Award for 19 years

Contributions to the Profession/Jurisdiction

– Over the course of her career, she has implemented complex technology solutions for human resources, payroll, and finance

– Assisted city leaders with balancing the budget while facing the most difficult budgetary decisions during the Great Recession, and developed sound financial practices and policies, including recommending an affiliation with the State of Colorado Fire and Police Pension Association that resulted in significant financial savings and improved service to plan participants. She testified before the state legislature regarding the affiliation.

– Member of the American Institute of Certified Public Accountants, Colorado GFOA, Colorado Society of CPAs, and International City/County Managers Association

– Served on boards and committees including the Colorado Public Plan Coalition Committee (January 2018 to present), ICMA-RC Public Employee Memorial Scholarship Fund (June 2016 to present), ICMA-RC VantageTrust Company Board (July 2008 to June 2016), Colorado Technical University – Accounting Advisory Board (February 2007 to May 2011), and the Girl Scouts of America – Colorado Springs Finance Committee (May 2005 to September 2007)


Goals for GFOA

– Encourage the growth and engagement of GFOA’s membership through social media and other methods

– Continue to look for ways to reach out to governments of all types and sizes to encourage participation in GFOA’s annual conference, learning opportunities, committees, legislative action, and research


University of Colorado, Master of Business Administration — Finance

University of Colorado, Bachelor of Science in Business Administration — Accounting