Townsville Bulletin

INCOMES FOR EVERY NQ SCHOOL REVEALED

- GEOFF EGAN

NORTH Queensland’s richest school raked in more than $90.2 million in three years and parents wanting to send their kids to the region’s most expensive school have to fork out $12,145, tightly held school statistics reveal.

An independen­t analysis of school financial records from the Myschool website have shown the massive amount of money some schools make every year, and how little some schools are forced to scrape by on.

The figures revealed that Ryan Catholic College in Kirwan had a higher gross income than any other school in the North Queensland region.

The school made a gross income of $90.2 million, according to financial records from the three most recently available years.

The region’s second-richest school was Townsville Grammar School, in North Ward, which had a gross income of $80.5 million.

The school with the third highest gross income was Kirwan State High School, in Kirwan, which made $80.2 million.

The figures include all fees, charges and parental contributi­ons as well as State and Federal government funding and any other private sources of income over the 2015, 2016 and 2017 years.

It does not include any deductions for capital works or debt servicing.

The analysis does not include special schools or schools that did not have complete financial data in MySchool for one or more of 2015, 2016 or 2017. Hinchinbro­ok Christian School had the lowest gross income of any school in the North Queensland region.

It made just $521,202 over the three year period.

The region’s most expensive school was St Teresa’s College in Abergowrie.

There the average amount parents had to fork out in fees, charges and contributi­ons in 2017 was $12,145.

Townsville Grammar School, in North Ward, had the North Queensland region’s second highest average parental contributi­ons with $11,063. The school with the third highest parental contributi­ons was The Cathedral School of St Anne and St James, where the average contributi­on was $10,531.

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