PROPOSED PROPERTY TAX IMPACT SCHEDULE
The City of Orem is considering an increase to its Public Safety property tax rate from 0.000603 to 0.000645 (estimated) in
order to generate an additional $450,000 of property tax revenue within the City’s new Public Safety Special Revenue Fund.
The following information is intended to provide an explanation of how the City’s Public Safety Special Revenue Fund
operations would be affected if the proposed property tax increase is adopted:
City of Orem Public Safety Current Certified Propety Tax Rate 0.000603
City of Orem Public Safety Current Budgeted Propety Tax Revenue $ 6 ,414,258
Proposed revenue with tax change $ 6,864,258
New Property Tax Revenue to City of Orem Public Safety $ 450,000
Esimated % Increase to City of Orem Public Safety Property Tax Revenue 7.02%
Estimated Annual Increase to a Primary Residence valued at $513,000 $ 1 1.85
Estimated Annual % Increase to a Primary Residence valued at $513,000 6.97%
Estimated Annual Increase to a Business valued at $513,000 $ 2 7.57
Estimated Annual % Increase to a Business valued at $513,000 8.91%
FY 2026-2027
Affected FY 2026-2027 Budget FY 2026-2027
Department Proposed Budget (No Tax Change) Budget Change
Police $ 25,056,938 $ 24,606,938 $ 450,000
Impact of Tax Increase for FY 2026-2027:
The Police Department will hire two (2) new officers and purchase all related equipment.
