Last week, the Denver City Council unanimously approved a new minimum wage increase that will bump the hourly minimum in the Mile-High City in each of the next two years. The current state minimum of $11.10 is slated to rise to an even $12/hour on January 1st, but apparently, that wasn’t good enough for the political powers that be in Denver.  Under the latest ordinance passed in October, the minimum for businesses in the city of Denver will rise to $12.85 on New Year’s Day. It will rise again on January 1, 2021 to $14.77 per hour and one year later, on January 1, 2022, the hourly minimum in the city will reach $15.87/hour. It will subsequently be pegged to changes in the Consumer Price Index. The landscape changed earlier this year when the Colorado legislature lifted a prohibition on local communities and counties establishing minimum wage levels different than the state minimums.