The OREM CITY is proposing to increase its property tax revenue.
The OREM CITY tax on a $520,000 residence would increase from $168.74 to $180.47, which is $11.73 per year.
The OREM CITY tax on a $520,000 buinsess would increase from $306.80 to $328.12, which is $21.32 per year.
If the proposed budget is approved, OREM CITY would receive an additional +$450,000 in property tax revenue
per year as a result of the tax increase. If the proposed budget is approved, OREM CITY would increase its property tax budgeted revenue by 6.95% above last year's property tax budgeted revenue excluding eligible new growth.
The OREM CITY invites all concerned citizens to a public hearing for the purpose of hearing comments regarding the proposed tax increase and to explain the reasons for the proposed tax increase. You have the option to attend or particpate in the public hearing in person or virtually.PUBLIC HEARING
Date/Time: 8/27/2026 6:00 PM
Location: Orem City Hall Council Chambers (56 N State Street, Orem)
To obtain more information regarding the tax increase, citizens may contact the OREM CITY at 801-229-7074 or visit www.orem.gov Instructions for virtual participation in the public hearing will be available at www.orem.gov no later than 24 hours before the public hearing is scheduled to begin.
Tax Increase Instructions
The advertisement shall be published be published for at least 14 days before the day on which the taxing entity conducts the public hearing in the following locations:
1) Electronically in accordance with Section 45-1-101: on a website established by the collective efforts of Utah newspapers. www.utahlegals.com
2) On the Utah Public Notice Website under Section 63A-16-601
www.utah.gov/pmn/
3) As a Class A notice under Section 63G-30-102.
4) Publish the public notice on the entitiy’s official website.
The advertisement shall state that the taxing entity will meet on a certain day, time, and place in the advertisement. The exact wording for the advertisement can be found in 59-2-919.
The scheduled hearing shall not be held less than ten (10) days after the mailing of the “Notice of Property Valuation and Tax Change” by the county auditor.
The scheduled meeting on the proposed tax increase may coincide with the hearing on the proposed budget.
The hearing shall begin at or after 6:00 PM.
The public hearing must be open to the public and held at a meeting with no other items on the agend other than discussion and action on the taxing entity’s intent to levy a tax rate that exceeds the taxing entity’s certified tax rate, budget,or a special districts fee implementation.
The public hearing needs to be available for individuals to attend or participate either in person or remotely through electronic means.
If another meeting is needed to finalize the tax increase, the details of the meeting (place, date, time) must be announced at the end of the public hearing.
Please see our website for more information.
https://propertytax.utah.gov/tax-increases/