There are two options for the increase. Both options begin with $18 per hour for the 2023 fiscal year with a yearly increase until 2027.
Option number one proposes an increase of $1 per year until 2027, ending with a minimum wage of $22 per hour.
Option number two proposes an increase of $2 per hour, ending with a minimum wage of $27 per hour.
The Austin City Council voted to raise the minimum wage earlier this summer to $22 per hour.
City Manager Spencer Cronk was directed in the resolution to "develop a plan and timeline" for the increase, according to a city spokesperson.
There are approximately 5,000 employees right now that are paid less than $22 per hour. That includes regular, sworn, and temporary city employees.