§ 9.03. Property subject to tax, method of assessment.

All real property and personal property within the City of The Colony, not expressly exempted by law, shall be subject to annual taxation. On the first day of January each year, the city assessor-collector shall make available to each owner of property within the city, a tax rendition form on which such property owner shall state the value of his property computed in a manner prescribed by the city council, and shall return said form to the city assessor-collector before the first day of April of that year. The assessor-collector shall ascertain such property in the city subject to taxation as has not been rendered and same shall be presented by him to the board of equalization for valuation by said board.