Terri Velasquez

Terri L. Velasquez

Financial and Administrative Services Director at The City's

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General Information


Bachelor of Science  - accounting , University of Colorado

MBA  - finance , University of Colorado

numerous degrees and professional certifications  - 

Recent News  

The City's Financial and Administrative Services Director Terri Velasquez stated that, "Key elements considered by the rating agencies included the City's economic stability; the City's large tax base with strong institutional presence; strong unreserved general fund balances; good financial policies and practices; and low debt and lease burdens."

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Terri Velasquez
Chief Financial Officer Terri Velasquez Terri Velasquez Chief Financial Officer Terri Velasquez was appointed Chief Financial Officer on September 8, 2008. Ms. Velasquez currently oversees the City's Human Resources Department, Information Technology Department, the Revenue and Collections Division, Procurement Services Division, and Financial Services Division. Ms. Velasquez is a native of Colorado Springs and has been employed with the City of Colorado Springs for the past 21 years. She has served in many positions with the City of Colorado Springs that includes Internal Auditor, Accounting Supervisor, Accounting Manager, and Finance Director. Ms. Velasquez holds a Bachelor of Science Degree in Business with an emphasis in Accounting from the University of Colorado and a Master of Business Administration with an emphasis in Finance from the University of Colorado. She is a Certified Public Accountant and a Certified Public Finance Officer. She is an active member in several national and regional finance organizations, and currently serves as a Board Director for the VantageTrust Company of ICMA-RC (International City/County Management Association, Retirement Corporation). She also serves as a board member on the CTU (Colorado Technical University) Accounting & Finance Advisory Board and the GFOA (Government Finance Officer Association) committee on retirement and benefits administration.

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"The entire City budget is always available for review, but most people seem to appreciate this abbreviated document," said Terri Velasquez, the City's chief financial officer.

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