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CC - ACTION ITEM: (1) Consideration and Discussion of an Update on the Potential Development of an Ordinance Setting a Culver City Minimum Wage Rate; (2) (If Desired) Authorization to the City Manager to Hire a Consultant to Conduct an Economic Impact Study and/or Hire a Consultant as Project Manager; (3) FOUR-FIFTHS VOTE REQUIREMENT: Approval of a Budget Amendment up to the Amount of $150,000 from the General Fund's Unassigned Fund Balance; and (4) Direction to the City Manager as Deemed Appropriate.
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Meeting Date: September 12, 2022
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 (09/07/2022)
Department Approval: Onyx Jones, Assistant City Manager (09/07/2022)
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RECOMMENDATION
Staff Recommends the City Council (1) consider and discuss an update on the potential development of an Ordinance setting a Culver City minimum wage rate; (2) (if desired) authorize the City Manager to hire a consultant to conduct an economic impact study and/or hire a specialized consultant as project manager; (3) approve a budget amendment up to the amount of $150,000 from the General Fund's unassigned Fund Balance (four-fifths vote required); and (4) provide direction to the City Manager as deemed appropriate.
BACKGROUND
Recently a movement to increase minimum wage per hour has gained momentum in places across the country. Currently, the federal minimum wage is $7.25 an hour and many advocates of raising the minimum wage have instead 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 per hour in 2022; however, indiv...
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