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FINANCE Mentone Grammar School is a company limited by guarantee. The following charts set out the School’s income and expenses broken down by funding sources.

INCOME 2018 Fees and Levies - including local and international students (76.6%) Government Grants (18.8%) Other (4.6%)

Fees and Levies (including local and international students)

$37,592,619

Government Grants

$9,236,776

Other $2,269,824 $49,099,219

EXPENSES - CONSOLIDATED Salaries and employee benefits (62.7%) Education and general costs (28.6%) Property and maintenance (7.4%) Finance (including interest and bank charges) (1.3%)

Salaries and employee benefits

$28,830,589

Education and general costs

$13,151,404

Property and maintenance

$4,804,840

Finance (including interest and bank charges)

$606,836

$47,393,669

$1,705,550

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Profile for Mentone Grammar

Community Report 2018  

Mentone Grammar Community Report 2018

Community Report 2018  

Mentone Grammar Community Report 2018