What is a “property tax roll”?

A property tax roll serves as a comprehensive record detailing properties within a specific taxing jurisdiction, along with their assessed values. This document is crucial for local governments as it establishes the amount of tax revenue that can be generated through property taxes. Each property listed includes essential data such as its location, legal description, and the assessed value determined by assessors based on established methodologies.

The accuracy of the property tax roll is vital for ensuring that property owners are taxed fairly, according to the value of their properties. It forms the foundation for tax bills that property owners receive, and it also plays an important role in budgeting and financial planning for local governments, as these taxes are a key source of funding for public services.

While other options reference elements related to property management or taxation, they do not specifically capture the essence of a property tax roll, which is fundamentally about listing properties and their values for tax assessment purposes.