Ohio businesses, local governments receiving a billion dollars - Toledo News Now, News, Weather, Sports, Toledo, OH

Ohio businesses, local governments receiving a billion dollars

Jeff Saier, Toledo Zoo Jeff Saier, Toledo Zoo
(Toledo News Now) -

Businesses, local governments, and schools can expect to see some extra money thanks to the Ohio Bureau of Workers' Compensation's "Billion Back" plan.

The bureau has saved more money over the last three years than what they expected by investing premiums from employers, so Gov. Kasich decided to refund a billion dollars of it back to employers of the state.

The City of Toledo received $2 million last week, and on Monday, the Toledo Zoo received their own hefty check.

"Getting a check for $135,000 to help offset those costs is huge for us," said Jeff Saier, with the Toledo Zoo. "It's going to go to offset our workman comp payments this year."

Businesses, governments, and schools in northwest Ohio can expect to see $69 million of that money. The checks will be sent out over the next three weeks.

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Copyright 2013 Toledo News Now. All rights reserved.

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