Need a little bit of help...

[Harm]

ioFTPD's scheduler is using UTC. So, if you want to trigger newdate at midnight mountain time, you'll have to change your settings a bit.

in ioFTPD.ini
Newday = 5 7 * * EXEC ..\scripts\ioA\ioA.exe NEWDATE

and in ioA.cfg
Use_Local_Time_Instead_of_UTC = 1

7:05 UTC is 00:05 GMT-7 (unless I made a mistake with dst). I've added 5 minutes to be sure it's not called a few seconds before the day starts.
Make sure your clock and timezone are correctly set to GMT-7 and the corresponding time.