The Orem City Council passed Ordinance No. 0-2020-0021 to approve a final budget and various tax rates. The ordinance, passed on August 27, 2026, addresses property tax increases, compensation programs, and the dedication of a new revenue fund.
Under the ordinance, the City Council proposed an increase to the General Operations property tax rate, moving it from 0.000590 to 0.000631. This change was intended to achieve an approved property tax revenue increase of 0.000781. As part of the budget process, a property tax impact schedule was included to detail the approximate dollar amount of additional revenue, the percentage increase in tax revenue, and the impact on average residential and commercial properties.
The ordinance also establishes a Public Safety Special Revenue Fund to receive revenues from the newly created tax. Additionally, the Council decided to maintain the Franchise Tax and the Municipal Energy Sales and Use Tax at a rate of 6 percent. The Telecommunications License Tax will remain at 3.5 percent, and the enhanced 911 program will continue to be levied at the state percent rate.
The City Council held a Truth-in-Taxation public hearing on August 27, 2026, to consider the intent to levy the tax rate. The ordinance also established Employee and Elected Official Compensation Programs and set city fees and charges in accordance with Council desire.
