I think this might be the same person who did this last time, it's very close to where I saw the last one. Which the city dealt with in a matter of days from when I saw it, so maybe this particular canvas of street art will also get cleaned/painted over.
(I'm not against street art - I'm rather fond of some of the prettier examples of it as an art form, and tagging is an interesting form of self expression - I just said that in that I'm curious how long it will take the city to do something about this tag, since the previous one I found on City property also caused it and nearby graffiti to be quickly cleaned when previously ignored, and graffiti on a trash receptacle is the ultimate "not worth cleaning".)
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In the sense that some are sanctioned by the state and some are not, absolutely. State sanctioned murals are a response to unsanctioned street art. It allows the state to curate its message while engendering the appearance of progressivism, and continuing to erase the art and speach of people who operate outside the state's jurisdiction and message.
Tagging is the first step in the process of becoming a street artist when working outside the law. In the same way that weed legalization is a form of primitive accumulation, state sanctioned street art is similar. Artists with no connection or background in street art are commissioned by the state to produce art for the state in a manor not unlike patronage.
The state gets to control the work of the artist while the artist is able to contribute to sustaining themselves off the pay provided by the state. Except, just like with leagle weed production the vast majority of the contracts and licenses that are handed out by the state are out of reach or denied to members of the community that created the market to begin with.
Many times people caught doing street art have additional charges tacked on that increase the severity of the sentence and the adoption of legal street art (again much like legal weed) did not come with it pardons or any other meaningful commuting of sentences.
This is a form of encloser and gentrification. It's whole aim is to improve the aesthetic of a given area by appropriation of the street art style and history to push out street artists for the benefit of petite bourgeois elements of the areas population.