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Bundaberg’s richest and poorest schools revealed

Bundaberg’s richest school has raked in more than $154 million in five years with the total income per student sitting at $22,420 in 2022, the most recent school funding statistics reveal. Read our full breakdown of the region’s richest and poorest school:

Stock Photo: New data has revealed the richest and poorest schools in the Bundaberg region.
Stock Photo: New data has revealed the richest and poorest schools in the Bundaberg region.

Bundaberg’s richest school has raked in more than $154 million in five years with the total income per student sitting at $22,420 in 2022, the most recent school funding 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 Shalom College in Bundaberg had a higher gross income than any other school in the Bundaberg region.

The school made a gross income of $154 million, according to financial records from the combined past five years.

The school’s income increased by 26 per cent between 2018 and 2022.

The region’s second richest school was Bundaberg State High School, in Bundaberg South, which had a gross income of $121.2 million.

Its total gross income per student in 2022 was $17,385.

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The school with the third highest gross income was Kepnock State High School, which made $114.2 million.

Its total gross income per student in 2022 was $18,004.

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 2018 to 2022.

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

Shalom College in Bundaberg had a higher gross income than any other school in the Bundaberg region in 2022.
Shalom College in Bundaberg had a higher gross income than any other school in the Bundaberg region in 2022.

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 had the lowest gross income of any school in the Bundaberg region.

It made just $2.1 million over the five year period.

Its total gross income increased by 12 percent from 2018 to 2022 while the total gross income per student in 2022 was $50,414.

Avondale State School had the second lowest gross income of any school in the Bundaberg region.

It made just $2.3 million over the five year period.

Its total gross income increased by 15 per cent from 2018 to 2022 while the total gross income per student in 2022 was $49,094.

McIlwraith State School 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 four per cent from 2018 to 2022 while the total gross income per student in 2022 was $38,126.

Lowmead State School at Lowmead had the lowest gross income of any school in the Bundaberg region.
Lowmead State School at Lowmead had the lowest gross income of any school in the Bundaberg region.

RICHEST SCHOOLS IN BUNDABERG

Shalom College: $154 million

Bundaberg State High School: $121.2 million

Kepnock State High School: $114.2 million

St Luke’s Anglican School: $77.9 million

Bundaberg North State High School: $68 million

Bundaberg Christian College: $60.2 million

Norville State School: $53.1 million

Isis District State High School: $44.3 million

Gin Gin State High School: $43.7 million

Bundaberg East State School: $38.9 million

POOREST SCHOOLS IN BUNDABERG

Lowmead State School: $2.1 million

Avondale State School: $2.3 million

McIlwraith State School: $2.4 million

Booyal Central State School: $2.6 million

Wartburg State School: $3.1 million

Yandaran State School: $3.2 million

Goodwood State School: $3.3 million

Hope Adventist School: $3.6 million

Maroondan State School: $3.6 million

Bullyard State School: $4.3 million

Originally published as Bundaberg’s richest and poorest schools revealed

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Original URL: https://www.thechronicle.com.au/news/queensland/bundaberg/bundabergs-richest-and-poorest-schools-revealed/news-story/afae92b9a7f9bd56f726b764112c6883