The City’s Municipal Electrical Aggregate will end in December, 2025. During this year’s bidding process, the City was unable to secure through the aggregate process a lower rate than Ameren. Residents on the City’s aggregate will automatically return to Ameren at a lower rate.  You still have the option to choose an electrical supplier other than Ameren, within two months, although Ameren will remain your provider.

Can property tax be abated in the tax increment-financing districts (TIFs)?

No. Taxes generated by the increase in assessed valuation within a TIF district — the tax increment — go into a special allocation fund used fund improvements within the TIF district boundaries. This is set by State statute.

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