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TOLEDO, OH (Press Release) -
On Wednesday, Toledo Mayor Mike Bell accepted a check in the amount of $2,498,478 from the Ohio Bureau of Workers' Compensation. The funds come as a rebate since there was a greater than anticipated dividends on investments.
Bell thanked the BWC and Gov. John Kasich for their efficiency in managing the agency, as well as for returning the dividends to the municipalities and businesses required to purchase the state provided insurance.
"This rebate will reduce the amount of money allocated to our workers' compensation fund from the general fund, and provide additional funding to increase manpower in our safety forces," said Bell.
With the help of some of the BWC rebate, the city now plans to hire a class of 50 firefighters in August. The original 2013 general fund budget called for a class of only 30 recruits. A class of 65 police officers is also budgeted to begin in October 2013.
Since taking office, Bell has hired 142 firefighters and 115 police officers. The 2013 classes will bring those totals to 192 firefighters and 180 police officers hired during his inaugural term as mayor.