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Tasmanian schools earning the most and least amount of income revealed

We reveal the 50 Tasmanian schools who receive the most amount of income and the 50 who receive the least. Find out if your child’s school makes the list or compare others in your area.

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

Tasmania’s school with the highest gross income was The Friends’ School who brought in $86.5 million.

That figure, and the ones for other schools, do not include any deductions for income allocated to capital works or debt servicing.

The school with the second highest income in Tasmania was St Patrick’s College, which had a gross income of $72.7 million across those three years.

Scotch Oakburn College had the third most gross income in Tasmania’s across 2015, 2016 and 2017 bringing in a combined total of $71.1 million.

TASMANIA’S 10 HIGHEST INCOME SCHOOLS IN 2015, 2016 AND 2017:

The Friends’ School: $86.5 million

St Patrick’s College: $72.7 million

Scotch Oakburn College: $71.1 million

The Hutchins School: $67 million

Launceston College: $57.8 million

Launceston Church Grammar School: $52 million

Guilford Young College: $49 million

Rosny College: $45.6 million

Hobart College: $45.3 million

Dominic College: $43.3 million

These are the Tasmania schools with the least income.

Cape Barren Island School made a gross income of $1.1 million over that three year period from government funding, parental contributions and other income sources.

The figures do not include any deductions for income allocated to capital works or debt servicing.

Avoca Primary School was Tasmania’s school with the second lowest gross income, making $1.8 million.

The third lowest gross income in Tasmania was at Wilmot Primary School which made $1.8 million.

TASMANIA’S LOWEST INCOME SCHOOLS IN 2015, 2016 AND 2017:

Cape Barren Island School: $1.1 million

Avoca Primary School: $1.8 million

Wilmot Primary School: $1.8 million

Ouse District School: $1 million

Redpa Primary School: $2 million

Natone Primary School: $2.3 million

Sprent Primary School: $2.4 million

Kempton Primary School: $2.5 million

Edith Creek Primary School: $2.6 million

Stanley Primary School: $2.7 million

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Original URL: https://www.themercury.com.au/education/schools-hub/tasmanian-schools-earning-the-most-and-least-amount-of-income-revealed/news-story/c7838db7bd9ea555ef51dbbc9fd18d0f