The Council shall finally adopt, not later than the fourth Tuesday in July, an ordinance levying upon the assessed valuation of all the property within the City subject to taxation, a rate of taxation upon every one hundred dollars of valuation sufficient to raise the amount estimated in the budget for the fiscal year required to be raised by taxation. The levy shall be the annual tax levy for the year commencing with the first Monday in January preceding the adoption of such ordinance. Except as otherwise provided, the rules, practices and procedure which now are, or hereafter may be, provided by State law for the levy, assessment and collection of State and County taxes, shall govern and control the corresponding City officials in the levy, assessment and collection of City taxes of the City so far as the same are, or may be, applicable and not in conflict with the City Charter or any ordinance of the City. (Ord. No. G-5444, § 2, 2009)