Mayor of Orem

Dave Young Former Mayor of Orem • 2022-2025

Leadership That Delivers Results

From 2022 to 2025, David Young served as Mayor of Orem, bringing decades of fiscal discipline and strategic thinking from wealth management into public service. His tenure was marked by historic achievements, transparent governance, and an unwavering focus on what he termed “Family City USA”—ensuring every policy supported strong families, safe neighborhoods and a thriving community.

Dave Young’s approach to leadership was simple: apply the same stewardship principles that guide successful wealth management to city governance. The results speak for themselves—a historic AAA bond rating, major infrastructure projects delivered on time and on budget and recognition as one of the nation’s top cities for business—all accomplished without raising taxes.

Historic Achievement: AAA Bond Rating

A Distinction Held by Only 2% of Cities Nationwide

Under David Young’s leadership, Orem achieved its first-ever S&P AAA bond rating—the highest possible credit rating a municipality can receive. This historic accomplishment places Orem among an elite 2% of cities nationwide and reflects exceptional fiscal management, strategic planning, and long-term financial stability.

What This Means for Residents:

  • Lower borrowing costs for future infrastructure projects

  • Taxpayer savings of millions over time

  • Confidence from businesses and families considering Orem

  • Proof of sound financial stewardship

Dave Young achieved this milestone without raising taxes or taking on new debt—demonstrating that fiscal excellence and taxpayer relief can coexist.


bond rating
risk management

From Boardroom to City Hall: A Unique Perspective

David Young’s background as a wealth advisor uniquely prepared him for mayoral leadership. The same principles that guide successful wealth management—discipline, long-term thinking, risk management, strategic planning—proved equally valuable in governing a city.

Parallels Between Wealth Management and City Leadership:

  • Fiduciary Responsibility: Managing others’ resources with utmost care

  • Long-Term Focus: Building for decades, not just election cycles

  • Risk Management: Protecting against downside while pursuing opportunity

  • Strategic Planning: Clear goals, measured progress, course correction

  • Transparent Communication: Regular updates, honest assessment, accessible leadershipFeature Item 5

Dave Young’s tenure demonstrated that business acumen and public service aren’t contradictory—they’re complementary when grounded in stewardship and service.

$37 Million City Hall Delivered On Time and On Budget

  • State-of-the-art facility serving residents for generations
  • Completed without new taxes or debt
  • Model of efficient project management and fiscal discipline

Tens of Millions Secured in Grants

  • Infrastructure improvements
  • Water conservation initiatives
  • Parks and recreation enhancements
  • Strategic funding that maximized value for taxpayers

Zero Tax Increases

  • Maintained and improved services without burdening residents
  • Demonstrated that effective governance doesn’t require taking more from families

3,000 New Businesses Attracted to Orem

  • Strategic policies that made Orem business-friendly
  • Contributed to Orem being named #1 Small Metro for Business in the U.S.
  • Created jobs and economic opportunity for residents

Business-Friendly Reforms

  • Streamlined permitting processes
  • Reduced regulatory barriers
  • Fostered entrepreneurship and innovation

Created the State’s First Department of Strategy & Innovation

  • Forward-thinking approach to city planning
  • Data-driven accountability systems
  • Long-term strategic vision implementation
  • Model that other municipalities have studied

Smart City Initiatives

  • Technology integration for improved services
  • Efficiency improvements across departments
  • Enhanced communication with residents

Established “Family City USA” Standard

  • Every policy evaluated through the lens: “Does this support strong families?”
  • Made family well-being the north star for all governance
  • Created framework that will guide future leadership

Landmark Zoning Reforms

  • Protected parks from overdevelopment
  • Preserved school zones
  • Maintained neighborhood character and safety
  • Balanced growth with community values

Infrastructure & Parks Investment

  • Enhanced public spaces
  • Improved water systems
  • Upgraded facilities serving families
  • Created lasting value for future generations

Best of State Mayor

David Young was named Best of State Mayor in both 2024 and 2025, recognizing his bold leadership, fiscal discipline, and commitment to conservative values and transparent governance.

National Recognition

Orem’s achievements under Dave Young’s leadership earned the city recognition as the #1 Small Metro for Business in the U.S., reflecting the pro-growth, pro-family environment he cultivated.

Dave Orem-Orem Utah City-Council

Leadership Philosophy

Stewardship, Not Spending

Dave Young brought a wealth manager’s mindset to city hall: every resource entrusted to the government should be managed with the same care families apply to their own finances. This meant:

  • Strategic planning over reactive spending

  • Long-term thinking over short-term popularity

  • Transparency over political maneuvering

  • Results over rhetoric

“Family City USA” as the Standard

Dave Young established a simple test for every proposal: Does this strengthen families, protect neighborhoods, and build community? This framework ensured that growth didn’t come at the expense of quality of life, and that prosperity served people—not just statistics.

Fiscal Discipline Without Compromise

David Young proved that cities can achieve excellence without raising taxes. By applying principles of efficiency, strategic planning, and disciplined execution, he delivered more for residents while asking less from their wallets.

Mayor Dave Young’s Farewell Address

In his farewell address, Dave Young reflected on his tenure, the team that made achievements possible, and his vision for Orem’s future. The address showcases Young’s leadership philosophy and his gratitude for the opportunity to serve.

While David Young’s tenure as mayor has concluded, his impact on Orem will endure for generations. The AAA bond rating, completed infrastructure, established departments, and policy frameworks create a foundation for continued excellence.

Dave Young continues his work helping families build and protect wealth through Paragon Wealth Management, applying the same principles of stewardship, discipline, and long-term thinking that defined his public service.

  • Founder & CEO, Paragon Wealth Management

  • Author of Hunting for True Wealth

  • Advocate for fiscal discipline and strategic leadership

  • Mentor to emerging leaders in business and public service