A former Lakewood finance director will be giving the Westminster’s municipal finances more scrutiny, part of a staff reorganization City Councilors approved last summer. Larry Dorr began working …
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A former Lakewood finance director will be giving the Westminster’s municipal finances more scrutiny, part of a staff reorganization City Councilors approved last summer.
Larry Dorr began working as Westminster’s first Chief Financial Office and Deputy City Manager Jan. 27. Dorr will focus on the long-term financial sustainability of the city and serve as its economic strategist.
“Westminster is a forward-thinking community that is making strategic investments in the future of our city,” City Manager Don Tripp said in a written statement. “Larry’s experience as the City of Lakewood’s Director of Finance and City Treasurer, his private financial sector background and his involvement in impressive economic development and urban renewal initiatives will be invaluable to Westminster now and in the future.”
City Councilors approved a budget supplement June 24 that added about $350,000 to the city’s 2019 spending plan and about $2 million per year going forward. That money is meant to come from the city’s sales and use tax revenues and will buy the city 13 new employees, mostly in city administration — kicking off a department reorganization.
The decision grew out of a 2017 financial sustainability report about city infrastructure needs. That showed that the Westminster did not have enough money to cover the city’s projected infrastructure needs over the next 20 years.
The changes include creating the Chief Financial Officer in the City Manager’s office, as well as three policy and budget analysts jobs. Plans call for combining the city’s current finance office with the budget office to create a new Department of Policy and Budget.
Dorr said he’s eager to work on signature Westminster projects like the Downtown Westminster, Westminster Station as well as ongoing work with neighborhood revitalization, improving infrastructure and working to preserve Westminster’s character and quality of life for future generations.
“It is with great honor and eager enthusiasm that I join the distinguished team of professionals in this city,” Dorr said. “It’s an exciting time to work in this community.”
Dorr has 18 years of experience in government finance. He began working as Lakewood’s Director of Finance and City Treasurer in 2004, managing that city’s budget, treasury, tax collections, accounting, payroll, internal auditing and centralized purchasing.
He was appointed to the Municipal Securities Oversight Board in 2018 by former Governor Hickenlooper and is also a former board member of the Colorado Government Finance Officers Association served as the organization’s president in 2015 and was named Finance Officer of the Year in 2008.
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