title
CC - ACTION ITEM: (1) Authorization to Prepare and Issue a Request for Proposals (RFP) to Conduct an Economic Impact Study of a Potential Minimum Wage Ordinance on the City's Economy; and (2) Direction to the City Manager as Deemed Appropriate.
body
Meeting Date: July 10, 2023
Contact Person/Dept: Onyx Jones/City Manager's Office
Phone Number: (310) 253-6023
Fiscal Impact: Yes [X] No [] General Fund: Yes [X] No []
Attachments: Yes [] No [X]
Commission Action Required: Yes [] No [X]
Public Notification: (E-Mail) Meetings and Agendas - City Council (07/06/2023)
Department Approval: John M. Nachbar, City Manager (07/05/2023)
______________________________________________________________________
RECOMMENDATION
Staff recommends the City Council (1) authorize the preparation and issuance of a Request for Proposals (RFP) to conduct an economic impact study of a potential Minimum Wage Ordinance on the City's economy; and (2) provide direction to the City Manager as deemed appropriate.
BACKGROUND
A movement to increase minimum wage per hour has gained momentum in many places across the country. With the federal minimum wage at $7.25 an hour, many advocates of raising the minimum wage have focused on the enactment of state and local minimum wage laws. The State of California recently enacted legislation that has increased the minimum wage statewide to $15.50 per hour in 2023; however, individual cities, especially in areas of the state with relatively higher costs of living have adopted local ordinances that establish a minimum wage greater than what was established by the state legislature.
The federal minimum wage is $7.25 an hour; the State of California's minimum wage is $15.50, and below are examples of minimum wage rates in a few metropolitan cities in California:
? Los Angeles (Approved in 2016) - Effective 07/01/23 - $16.78/hr. ?
? Santa Monica (Approved in 2016) - Effective 07/0...
Click here for full text