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Santa Cruz de Tenerife is the capital of the island and the seat of the island council (cabildo insular). The city is capital of the autonomous community of Canary Islands (shared with Las Palmas), sharing governmental institutions such as Presidency and ministries. Between the 1833 territorial division of Spain and 1927 Santa Cruz de Tenerife was the sole capital of the Canary Islands, until in 1927 a decree ordered that the capital of the Canary Islands be shared, as it remains as at present.
The island is home to the University of La Laguna, which was founded in 1792 and is the oldest university in the Canaries. San Cristóbal de La Laguna (a World Heritage Site) is the second city of the island and the third one of the archipelago. The city of La Laguna was also capital of the Canary Islands until Santa Cruz replaced it in 1833.
Tenerife also has the highest elevation of Spain, a World Heritage Site that is the third largest volcano in the world from its base, El Teide. The island's capital contains the architectural symbol of the Canary Islands, the modern Auditorio de Tenerife.