The City of Orem is considering a proposal to increase its Public Safety property tax rate from 0.000603 to an estimated 0.000645. The proposed change is intended to generate an additional $450,000 in property tax revenue for the city's new Public Safety Special Revenue Fund.
Under the proposed plan, the total budgeted property tax revenue would rise from $6,414,258 to $6,864,258, representing an estimated 7.02% increase in revenue for Public Safety.
For a primary residence valued at $513,000, the estimated annual increase is $11.85, which is a 6.97% increase. For a business valued at $513,000, the estimated annual increase is $27.57, or an 8.91% increase.
The proposed budget change for the FY 2026-2027 Police Department budget involves a $450,000 increase over the no-tax-change proposal of $24,606,938. According to the proposal, these funds will be used to hire two new officers and purchase all related equipment.