Garden City Community College says it is facing a significant fiscal impact due to rising costs in maintaining its liability insurance coverage. The Board of Trustees members met Tuesday. GCCC President Dr. Ryan Ruda told them the school’s annual premium and deductible would be increasing by approximately $494,000 compared to last year. He said GCCC must pay an annual premium of $325,000 and budget for the deductible of $250,000 in the fiscal year ahead. This compares to a 2019-20 premium and deductible of $30,549 and $50,000, respectively, according to the GCCC president.
(Read more: KSN-TV)
