Municipal corporation
A municipal corporation is the legal term for a local governing body, including (but not necessarily limited to) cities, counties, towns, townships, charter townships, villages, and boroughs.[1] The term can also be used to describe municipally owned corporations.[1][2][3]
Municipal corporations as enterprises[edit]
According to one definition of the term, municipal corporations are "organisations with independent corporate status, managed by an executive board appointed primarily by local government officials, and with majority public ownership".[1] Some such corporations rely on revenue from user fees, distinguishing them from agencies and special districts funded through taxation,[2] although this is not always the case.[1] Such municipal corporations result from a process of "externalization", and require different skills and orientations from the respective local governments, and follow common changes in the institutional landscape of public services.[3] They are argued to be more efficient than government bureaucracies, but have higher failure rates because of their legal and managerial autonomy.[1]
