Ohio Auditor Says The Bureau Of Workers' Compensation Should Save Money By Raising Rents

Jan 10, 2017

Ohio’s Auditor is suggesting a way for the Bureau of Workers' Compensation to save money. The report suggests the agency raise its rent in a key building.

The BWC headquarters is in a big building in downtown Columbus, within a five-minute walk of the Statehouse. Some space inside that building is leased to five other state agencies and commissions at about $4 dollars a square foot less than the average market rate at other properties in downtown Columbus. Auditor Dave Yost says if the BWC would raise its rent to the average going price, the bureau could get almost a million dollars more a year. And Yost says if the agency would downsize the space for its employees a bit, the BWC could save another $700,000 a year. Ohio agencies have been warned by Gov. John Kasich that they will have to rein in spending now due to a tight state budget but there’s no word yet on whether the BWC will implement the suggestions in this report.