Town of Erie
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File #: 23-552    Version: 1 Name:
Type: General Business Status: Agenda Ready
File created: 11/1/2023 In control: Town Council
On agenda: 11/14/2023 Final action:
Title: A Resolution of the Board of Trustees of the Town of Erie Approving an Intergovernmental Agreement to Participate in a Minimum Wage Study
Attachments: 1. Presentation, 2. Regional Minimum Wage Cost Sharing IGA 2023 20231102, 3. Resolution 23-136
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...

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