The Idaho Falls City Redevelopment Agency meeting on June 18, 2025, focused on the agency's financial audit and the potential transition to a new auditing firm. The discussion was prompted by the retirement of Scott Bond, the partner from Rodan and Company who has overseen the agency's audits for several years.

Cassie, a financial representative, presented the current situation regarding the audit. She explained that the agency has the option to continue with Rodan and Company, explore a new partnership with Moss Adams, or initiate a bidding process for a different auditor. Moss Adams provided an estimate of $22,000 for their services, significantly higher than the $7,000 currently paid to Rodan and Company.

The board considered the implications of switching auditors, noting that a change could bring fresh perspectives but also expressed concerns about the timing, as the audit season is approaching. The recommendation was made to retain Rodan and Company for one more year while evaluating options for the future. The board acknowledged the need to make a decision soon, as the fiscal year ends on September 30, and the bidding process could take two to three months.

In conclusion, the agency is at a crossroads regarding its auditing services, weighing the benefits of continuity against the potential advantages of a new firm. The board plans to revisit the decision early next year while preparing for the upcoming budget and audit season.