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Ameren reports fall in quarterly profit after mild weather clouds demand

Ameren Corp posted a fall in first-quarter profit on Thursday, hurt by low demand due to milder weather in its service regions and a charge at its Missouri unit. The utility reported.

The Daily Explains: What is a Payment in Lieu of Tax program?

At its next meeting Monday, City Council will decide whether to create a committee to explore the potential implementation of Payment in Lieu of Tax — or PILOT — programs in Evanston. PILOT programs allow nonprofit institutions that are exempt from property taxes to pay agreed-upon sums to the municipalities they operate in. Contributed funds.

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