Exemptions & Revaluation Phase-in

The Town of Windsor implemented a revaluation for the October 1, 2008 Grand List, phasing-in the new assessments over five years.

According to the phase-in plan, the difference between the previous and new assessment will be gradually implemented over the course of five years. For example, if a 2007 assessment of $100,000 is revalued to $150,000, then for the 2008 Grand List (taxed in July 2009), the new taxable assessment would be $110,000; the 2009 Grand List assessment (taxed in July 2010) would be $120,000; the 2010 Grand List assessment (taxed in July 2011) would be $130,000; the 2011 Grand List assessment (taxed in July 2012) would be $140,000; and the 2012 Grand List assessment (taxed in July 2013) would be the full $150,000.

Please note that on your tax bill, the effect of the phase-in plan shows as an exemption that reduces the gross assessment. This phase-in exemption is included along with any other exemptions that you may already be entitled to.