The Warrick County School Corporation is on the hook for a much larger insurance deductible than originally thought.
Superintendent Brad Schneider says the deductible for damage like that at Boonville High School is usually $50,000. But because it is considered wind damage, the school corporation will owe an eye-popping $335,000.
Schneider says the corporation will have to dip into the rainy day fund.
"The bulk of the money is coming out of capital projects," said Schneider. "So, some of the projects that maybe we had scheduled for later in 2014 may have to be pushed back to 2015. That is just the nature of school finances."
Schneider says the school board will prioritize which projects will be pushed back. They will likely be maintenance-related such as carpeting, painting, and for paving.
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