Bundaberg’s richest and poorest schools 2023 revealed
Bundaberg’s richest school has raked in more than $145.2 million in five years with an average cost per student of $21,951, tightly held school statistics reveal.
Education
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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 Shalom College in Bundaberg had a higher gross income than any other school in the Bundaberg region.
The school made a gross income of $145.2 million, according to financial records from the combined past five years.
The school’s income increased by 29 per cent between 2017 and 2021.
The region‘s second richest school was Bundaberg State High School, in Bundaberg South, which had a gross income of $115.4 million.
Its total gross income per student in 2021 was $16,471.
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The school with the third highest gross income was Kepnock State High School, in Kepnock, which made $110.1 million.
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Its total gross income per student in 2021 was $17,474.
The figures include all fees, charges and parental contributions as well as State and Federal Government funding and any other private sources over the five years from 2017 to 2021.
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 the five years.
Lowmead State School at Lowmead had the lowest gross income of any school in the Bundaberg region.
It made just $2 million over the five year period.
Its total gross income increased by 15 per cent from 2017 to 2021 while the total gross income per student in 2021 was $36,156.
Avondale State School at Avondale had the second lowest gross income of any school in the Bundaberg region.
It made just $2.2 million over the five year period.
Its total gross income increased by 11 per cent from 2017 to 2021 while the total gross income per student in 2021 was $49,801.
McIlwraith State School at Mcilwraith had the third lowest gross income of any school in the Bundaberg region.
It made just $2.4 million over the five year period.
Its total gross income fell by 2.2 per cent from 2017 to 2021 while the total gross income per student in 2021 was $33,845.
RICHEST SCHOOLS IN BUNDABERG
Shalom College: $145.2 million
Bundaberg State High School: $115.4 million
Kepnock State High School: $110.1 million
St Luke’s Anglican School: $72.4 million
Bundaberg North State High School: $65.8 million
Bundaberg Christian College: $55.9 million
Norville State School: $53 million
Isis District State High School: $43.1 million
Gin Gin State High School: $42.8 million
Bundaberg East State School: $38.9 million
POOREST SCHOOLS IN BUNDABERG
Lowmead State School: $2 million
Avondale State School: $2.2 million
McIlwraith State School: $2.4 million
Booyal Central State School: $2.6 million
Wartburg State School: $3.1 million
Hope Adventist School: $3.2 million
Yandaran State School: $3.3 million
Maroondan State School: $3.4 million
Goodwood State School: $3.5 million
Bullyard State School: $3.9 million
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