What type of data should a separate roll be prepared for?

A separate roll should be prepared for exempt properties because they often have specific taxation statuses that differ from other property types. Exempt properties refer to parcels that are not subject to property tax due to certain qualifications or ownership, such as those owned by government entities, non-profit organizations, or properties used for charitable purposes.

By maintaining a separate roll for these properties, tax assessors can easily distinguish between taxable and non-taxable properties, ensuring accurate reporting and compliance with local and state tax laws. This also aids in transparency and accountability in public finance, allowing stakeholders to track the economic impact of exemptions on the municipality's revenue.

In contrast, commercial, multifamily, and residential properties are generally considered taxable and can be included in the same property tax roll, as they contribute to the funding of local government services and infrastructure. Therefore, the need for a separate roll is primarily relevant to properties that do not contribute to tax revenue, such as those that are exempt.