Streetsboro -- Thanks to a recovering economy and "some strong investment successes" by the Ohio Bureau of Workers Compensation, the city of Streetsboro and its school district received rebates from the Ohio BWC.
The city got $87,052 while the schools received $75,234, according to Melissa Vince, public relations manager for the Ohio BWC.
Mayor Glenn Broska said the money awarded to the city will be put in the city's general fund.
"I was enthused to hear about it," Broska said. "Any time we receive money like that, it is something to be proud of."
Superintendent Michael Daulbaugh referred questions to Treasurer Catherine Rouse, who was unavailable for comment.
The Ohio BWC had "some strong investment successes" that have left it with an unexpected surplus, Vince said.
Calling it the "billion back" plan, she said $1 billion in rebates were returned across the state.
"We were able to return about 56 percent of the insurance premiums that the employers paid in 2011 [at the request of Gov. John Kasich]," she said.
The last time the Ohio BWC handed out rebates was in 2005.
The rebates are funded from the Ohio BWC's net assets, which have grown to $8.3 billion, which Kasich said are well above what the bureau needs to operate.
Statewide, the rebates totaled around $1 billion, and checks were distributed to the area's public and private employers starting at the beginning of July and continuing in September.
Figures for private employers are not available due to privacy laws, Vince said, and self-insured employers were not eligible for rebates.
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