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HomeMy WebLinkAboutMemo - Mail Packet - 5/11/2021 - Memorandum From Josh Birks Re: Council Request - Previous Memo On Minimum Wage Economic Health Office 222 LaPorte Avenue PO Box 580 Fort Collins, CO 80522 970.416.4349 fcgov.com MEMORANDUM DATE: May 6, 2021 TO: Mayor & City Councilmembers THRU: Darin Atteberry, City Manager; Kyle Stannert, Deputy City Manager; and Jacqueline Kozak-Thiel, Chief Sustainability Officer FROM: Josh Birks, Economic Health and Redevelopment Director RE: COUNCIL REQUEST: PREVIOUS MEMO ON MINIMUM WAGE This memorandum responds to a request made by City Council at the May 4, 2021 regular meeting to resend a previous memo on increasing the minimum wage locally dated October 3, 2019. BOTTOM LINE: The attached memo was produced by the Economic Health Office in response to a request by Council to evaluate increasing the local minimum wage. The memo provides an outline of the process to meet the requirements of House Bill 2019-1210 (HB 19-1210), which allows for local municipalities to set their own minimum wage. The process would require extensive engagement, time, and additional resources. BACKGROUND: Shortly after the passage of HB 19-1210 Council requested a memo regarding the process necessary to evaluate increasing the local minimum wage. The attached memo dated October 3, 2019 provides an overview of the process, the estimated time necessary to complete the legally required engagement, and the estimated cost of the proposed work. The EHO office has not had time to update the content of the attached memo and can do so if Council requests additional information or makes increasing the local minimum wage a priority.