Q: WHAT ARE GRADUAL INCREASES IN ASSESSMENT DUE TO REVALUATION, POPULARLY KNOWN AS "PHASE IN" OPTIONS?

A: THE LAW, AS REFLECTED IN THE STATE OF CONNECTICUT GENERAL STATUTES, PROVIDES THREE OPTIONS FOR THE GRADUAL INCREASE IN ASSESSMENT DUE TO REVALUATION. EACH OF THESE OPTIONS PROVIDES US WITH A MEANS OF GRADUALLY IMPLEMENTING A REVALUATION OVER FOUR (4) YEARS.