What is meant by an "assessment roll"?

An assessment roll refers to a comprehensive list that details all property assessments within a specific taxing jurisdiction. This document includes information about each property, such as its assessed value, location, and ownership details. The purpose of the assessment roll is to ensure that properties are valued consistently for taxation, allowing local governments to determine how much tax revenue can be generated from each property based on its assessed value.

The assessment roll plays a critical role in the property tax system as it serves as the basis for establishing tax liability for property owners. It is also used by assessors to maintain transparency and accuracy in how property taxes are levied.

In contrast, the other options provided do not accurately capture the definition of an assessment roll. A summary of tax revenues collected per year would involve financial reporting rather than specific property assessments. A record of market transactions would pertain to sales data, which is different from the assessment process. Lastly, a database of legal disputes relates to property value disagreements, which does not reflect the function of an assessment roll in documenting property assessments.