For the purpose of this chapter the tax year shall be from October 1st of each calendar year to September 30th of each calendar year. On October 1st of each calendar year and for each year thereafter the personal and real property ad valorem taxes herein levied shall be based and due on state and county assessments for the preceding tax year and shall be due and delinquent at the same time when the state and county taxes for the preceding tax year are due and delinquent.
(Ord. 248 § 1, 1968)