What is the function of the Board of Equalization related to tax assessment?

The Board of Equalization has a critical role in ensuring fair and accurate tax assessments. Specifically, its function involves inspecting tax rolls, which are the official documents that list property values for taxation. This inspection process allows the Board to review, verify, and ensure that properties are assessed at their correct values according to applicable laws and regulations.

By examining these tax rolls, the Board helps maintain equity among taxpayers, ensuring that properties are valued consistently and fairly within the jurisdiction. This process is essential to promote transparency in the assessment process and to provide a mechanism for property owners to challenge assessments they believe are incorrect.

While the other options represent activities related to taxation in various capacities, they do not align with the primary responsibilities of the Board of Equalization. For instance, approving new tax laws is typically within the purview of legislative bodies, collecting property taxes is managed by the local tax collector's office, and conducting public hearings may occur but are more related to the legislative or administrative processes rather than the specific function of tax assessment.