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Only Non Govt Schools Are Rich(or so it would seem....) A high level of excitement has been apparent in the media, on Twitter and onlone blogs around the Federal Government's commitment to report school income in future iterations of the MySchool website.Most if not all of the frenzied chatter has been anticipation about exposing the largese in the non-government school sector. Any examination of the media would show that there appears to be no recognition that there are 'rich' schools in the government sector. Pop quiz: Which government school is this? Excerpt directly from the school's online 2008 annual report. The P&C Association continues to work with the XXXXXXX High Development Committee. A second telephone fundraising campaign, organised again by XXXXXXXX, for the new Library project was undertaken during the year with good support from volunteer parents. More than $45,000 has been raised since July 2007 through the Monthly Giving Program. One off donations directly to the Building Fund exceeded this total. The P&C subcommittees raised over $200,000 from XXXXXX, barbecues, dinners and trivia nights. These funds were disbursed directly for the benefit of the students by the 15 subcommittees. The Foundation continues to manage the school tennis courts as a strongly revenue positive asset for the school and this will benefit XXXXXXXXX in the form of around $25,000 per annum direct revenue, commencing at the end of next year when the loan is repaid. Additionally, a new piano was purchased for the school at a cost of $35,000. This now sits in the Great Hall and replaces the previous instrument which was beyond economical repair and proving a detriment to the students using it for HSC and other occasional performances. We have as yet been unable to resolve clearly the matter of how we best capitalise on hiring of our available assets (the Great Hall, the XXXXXXXX Centre and the XXXXXXXX Pavilion) and the operational management of them. Initiatives currently underway should resolve these issues and provide us challenges to address in the coming year. The Management Committee would welcome the assistance of any members of the school family who think they might be able to help in this regard. Regardless of these issues, the venues are still returning consistent revenue to the school through hiring for various functions and with the Learn to Row Program, ably run by XXXXXXXXX (1974). This revenue is totally dependent on the goodwill of members of the school family (teachers, parents and old boys) who devote large amounts of their own time to run these programs and events. Negotiations are also underway with the XXXXXXX XXXXXXXXXXXXXXXX to redevelop the XXXXXXXXX playing fields with a view to improving the standard of XXXXXX No1, creating additional turf wickets and increasing the number of rugbyXXXXXXX fields within the precinct. It is proposed that a funding arrangement similar to that which was used to build the tennis courts will be applied. |