Preshil will sell land on its primary school campus ahead of a controversial change to state taxes set to cost the school hundreds of thousands of dollars.
Australia’s oldest progressive school will sell a section of its Kew primary school campus ahead of controversial changes to state payroll taxes which could cost the small school hundreds of thousands of dollars.
was a factor in the 94-year-old school’s decision to sell The Pines, a section of its Arlington primary school campus on Barkers Road.The school, which last year had 236 students enrolled, has also taken a financial hit from compensation payouts to abuse victims stemming from historical child abuse cases. Some of the legal settlements have been funded through the school borrowing money.
The school dismissed outright the idea of a merger with nearby Carey Baptist Grammar but said that it would “consider all market opportunities that benefit our school community” when it came to the sale of the land. “What we’re hoping for is that some of the alumni and parents may buy it and donate it to the school. That would be a lovely outcome,” Ingram said., the school said proceeds of the land may be used to pay down debt. It would also fund a capital works program and cover maintenance of existing heritage-listed buildings.
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