Rockhampton Grammar School records surplus of $1.5m

ROCKHAMPTON Grammar School is investing in an agricultural future after it posted significant financial growth in 2014.

The private education institution's 2014 Annual Reports and Financial Statements were tabled in Queensland Parliament last week.

RGS's 2014 revenue of $35.4million was $3.4million more than its $32million expenses, leaving a $1.5million surplus after interest payments and depreciation of $1.9million.

The school's fee income was $17.3million and employee expenses were $21.7million.

The school will work towards a number of projects in 2015 to advance the learning experience of its 1431 students.

RGS communication and development manager Mike Donahue said the school would focus on strengthening its Agricultural Sciences program and prepare to introduce a Certificate III in Agricultural Science.

"A founder of the Belmont Agriculture Alliance, we were just named an Agribusiness Gateway to Industry School and will work to help young people make a successful transition from school into further education and/or employment," Mr Donahue said.

"Under the RGS program students can gain direct entry into CQUniversity's Agribusiness degree."

RGS will also undertake work on the primary drop-off area, develop the area between Palmer, Woolcock and Birkbeck buildings, refurbish the dining facilities and school house and develop a dance space and relocate the gym to bring a dance school on campus in 2016.

Industry and businesses that deal with the beef sector can attend a breakfast forum about the program at 7am on May 7. Call the school on 4936 0600 for details.



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