Orem's property tax revenue is not keeping pace with inflation due to state rules, and new legislation makes it harder to raise taxes. The council discussed the implications for city finances.
At a glance
Declining — being discussed less frequently. 0 mentions in the last 30 days, 2 the 60 before.
The average primary residence valued at $513,000 would see an annual increase of $11.85.
The community benefits from the addition of two new police officers.
Property owners will see a slight increase in their annual tax bill.
The city is proposing a tax rate increase to fund two new police officers. This will cost the average homeowner about $11.85 more per year.
Orem's property tax revenue is not keeping pace with inflation due to state rules, and new legislation makes it harder to raise taxes. The council discussed the implications for city finances.
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