Idaho Falls Redevelopment Agency Approves Fiscal Year 2025 2026 Budget Resolution

The Idaho Falls Redevelopment Agency convened on August 28, 2025, to address key financial matters and finalize the budget for the upcoming fiscal year. The meeting began with the approval of minutes from the previous session, followed by a review of the financial report, which detailed various expenditures related to ongoing projects.

Significant payments included $4,512.75 to Brad Kramer for work on the Rivertown River area and $259,880 to Jackson Hole Junction, marking a notable step in the development process that has been in progress for several years. The agency also approved payments for legal and administrative services, totaling several thousand dollars across various projects.

The meeting transitioned to the fiscal year 2025-2026 budget, which had been previously discussed and published. Despite the absence of public comments or written submissions regarding the budget, the agency proceeded to open the floor for any public input. However, no attendees were present to voice concerns or suggestions.

Following the public comment period, the agency moved to adopt Resolution 2025-13, which appropriates necessary funds for the upcoming fiscal year. The resolution passed unanimously, ensuring that the agency meets its financial obligations and deadlines.

The meeting concluded with a reminder of the next scheduled gathering on September 18, 2025, as the agency continues its efforts to facilitate redevelopment and manage urban renewal projects in Idaho Falls. This meeting underscored the agency's commitment to transparency and fiscal responsibility as it navigates the complexities of urban development.