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A municipally owned corporation is a corporation owned by a municipality.They are typically "organisations with independent corporate status, managed by an executive board appointed primarily by local government officials, and with majority public ownership."
For many municipalities in the United States, property taxes are the primary source of revenue. The amount of forgone tax revenue as a result of these tax-exempt land parcels is significant. The president of the city council of Baltimore, MD, recently estimated that his city loses $120 million annually from these foregone taxes. [16]
The three special areas were created in 1938 under the authority of the Special Areas Act [6] as a result of hardship brought upon a particular area in southeastern Alberta during the drought of the 1930s. [4] A special area is not to be confused with a specialized municipality, which is a completely different municipal status.
Lac La Biche County changed status from a municipal district to Alberta's sixth specialized municipality on January 1, 2018. [14] It was originally formed on August 1, 2007, when the Town of Lac La Biche amalgamated with the surrounding Lakeland County. [15] In 2015, it launched an investigation into the possibility of a change in status.
However, Statistics Canada embeds Alberta's eight Metis settlements, a separate type of municipality, into the census subdivisions for six municipal districts. [33] Combined, Alberta has 73 rural municipalities comprising 63 municipal districts, 7 improvement districts and 3 special areas. [2]
Canada has a total of 5,162 [1] municipalities among its 10 provinces and 3 territories that are subject to some form of local government. Matrix of municipalities [ edit ]
In Alberta, a landowner who wants to subdivide land must apply to the Subdivision Authority of the municipality where the property is located. [16] The rules pertaining to whether or not the Subdivision Authority may approve a subdivision application are found in the MGA and the Subdivision and Development Regulation ( Regulation ). [ 17 ]
Alberta Municipal Affairs is a ministry of the Executive Council of Alberta.Its major responsibilities include assisting municipalities in the provision of local government, administering the assessment of linear property in Alberta, administering a safety system for the construction and maintenance of buildings and equipment, and managing Alberta's network of municipal and library system boards.