(1) From October 16, 2024 to June 30, 2025, inclusive, eighteen dollars ($18) per hour; from July 1, 2025 to June 30, 2026, inclusive, eighteen dollars and sixty-three cents ($18.63); from July 1, 2026 to June 30, 2027, inclusive, nineteen dollars and twenty-eight cents ($19.28); from July 1, 2027 to June 30, 2028, inclusive, nineteen dollars and ninety-five cents ($19.95); from July 1, 2028 to June 30, 2029, inclusive, twenty dollars and sixty-five cents ($20.65); from July 1, 2029 to June 30, 2030, inclusive, twenty-one dollars and thirty-seven cents ($21.37); from July 1, 2030 to June 30, 2031, inclusive, twenty-two dollars and twelve cents ($22.12); from July 1, 2031 to June 30, 2032, inclusive, twenty-two dollars and eighty-nine cents ($22.89); and from July 1, 2032 to June 30, 2033, inclusive, twenty-three dollars and sixty-nine cents ($23.69).