All property, real, personal or mixed, lying and being within the corporate limits of the city on the first day of January, shall be subject to taxation, excepting such property as may be exempt from taxation under the Constitution, and the laws of the State of Texas. It shall be the duty of the tax assessor and collector, in accordance with deadlines specified under state law, to make and return to the City Council a full and complete list and assessment of all property, both real and personal, held, owned or situated in the city on the first day of January of each year and not exempt from municipal taxation.
(Ord. 10272, § I(VI), 3-16-1989, approved 5-16-1989; Ord. 25328-02-2022, § 2, 2-8-2022, approved 5-7-2022)