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No Oversight for Municipal Ventures
The law that created them did not establish any external methods to supervise them
Archival note
This content was published more than 7 years ago.
The law that created them did not establish any external methods to supervise them
Although the municipal venture model has experienced some significant growth in the last three years and is now seen as the prototype for city councils to have alternative sources of income, there are no mechanisms requiring them to disclose their financial statements or efficient tools to oversee them.
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