Redevelopment Agency approves publication of draft FY2026 budget; task orders for two district studies approved

The Idaho Falls Redevelopment Agency accepted minutes from its June 18 meeting, approved the agency expenditure and finance report, and voted unanimously to publish the proposed fiscal year 2026 budget for a public hearing on Aug. 21, the agency said at its July 17 meeting.

Agency staff presented the draft budget and worksheets showing revenues and expenditures for existing and newly added districts. "We have added the Riverwalk as well as the Riverside Districts to our budget worksheet this year," said Cassie, an agency staff member who walked the board through the revenue and expenditure assumptions. Cassie told the board she used recent collections as a conservative basis for property-tax projections and estimated interest at 2% of available cash balances.

The agency also approved two consultant task orders authorizing Brad Kramer, a consultant under an existing personal services…