The two most common types of property tax rolls are real estate property tax rolls and vehicle tax rolls. Overall, tax rolls include comprehensive details about the taxable property and the taxes owed. A tax roll may also be called a tax assessment roll.
Tax rolls list detailed information about an individual’s property and associated property tax within a specific jurisdiction. Each individual city, county, and state can legislate property tax laws as a means for generating revenue. Most local municipalities will charge property taxes on all residential and commercial real estate within the jurisdiction as a means for collecting revenue to fund local infrastructure and public services. Law enforcement, fire service, schools, water, sewage, and road and highway construction projects are some of the most common recipients of property tax roll funds.
