WARWICK, R.I. (WPRI) — The price tag to build two new high schools in Warwick is now more than what voters approved in 2022 , making city leaders and school officials weigh their options.
According to those officials, the cost is now estimated to be nearly $40 million more than the $350 million bond okayed by voters.
“Now it’s 2024 when we’re starting to get real cost assessments on the construction,” Warwick School Committee Chairman Shaun Galligan told 12 News on Friday. “The costs have escalated—historical escalations, actually, from an economics perspective.”
BACKGROUND: Warwick City Council approves bond to build 2 new high schools
Galligan said the increase is due to material and labor costs going up…