SUBJECT:
Title
A Resolution of the Board of Trustees of the Town of Erie Approving an Intergovernmental Agreement to Participate in a Minimum Wage Study
Body
DEPARTMENT: Administration & Economic Development
Department
PRESENTER(S): Stephanie Pitts-Noggle, Economic Development Manager
Alberto De Los Rios, Diversity, Equity, and Inclusion Manager
Melissa Wiley, Deputy Town Administrator
First Name Last Name, Title
TIME ESTIMATE: 60 minutes
only required for non-consent items
FISCAL SUMMARY:
Cost as Recommended: $9,757
Balance Available: $10,000
Budget Line Item Number: 100-40-520-560100-000000
New Appropriation Required: No
POLICY ISSUES:
Whether the Town should commit to financially supporting the minimum wage regional economic analysis.
STAFF RECOMMENDATION:
Recommendation
This is a policy issue for the Board of Trustees to decide. Accordingly, staff recommends the Board consider both the feedback from local businesses as well as the request from the regional partnership on Minimum Wage Analysis and Engagement? and then make the determination. Staff will present the pros and cons based on the research requested by the Board.
End
SUMMARY AND BACKGROUND:
In August 2023, municipalities across Boulder County formed the Minimum Wage Engagement Team and the Minimum Wage Economic Analysis Scoping Team to assess the feasibility and implications of increasing the minimum wage in Longmont, Louisville, Boulder, Lafayette, and Erie. Both teams are comprised of municipal staff and community leaders. The Engagement Team's mission is to explore how to engage businesses and individuals in participating communities, and the Analysis Scoping Team's purpose is to develop a research scope for a third-party consultant to carry out an in-depth analysis on the effects of a regional minimum wage increase.
In this presentation, staff will share updates from both teams, results from the local community survey on minimum wage, and info...
Click here for full text