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Annual Report 2010 - Radford College

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<strong>Annual</strong> <strong>Report</strong> <strong>2010</strong>ExpensesThe principal expenses are Staff Costs (54.76%) and Capital Works (20.50%).Depreciation & Interest 8.38%Academic departments 7.14%Running costs 9.22%Capital works 20.50%Staff costs 54.76%The following data sets out <strong>Radford</strong>’s situation with regard to Government funding.1. Average cost of educating a student in a Government School is $12,484(Source: ACARA Feb 2011)2. <strong>Radford</strong> receives the following sums from Government sources for students(a part return of parents’ taxes):Secondary Student Primary Y4-Y6 Primary K-Y3ACT Government $1,327 $910 $1,062Federal Government $3,801 $2,682 $2,682TOTAL GOVERNMENT $5,128 $3,592 $3,744ANNUAL REPORT <strong>2010</strong>27

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