My School website 2.0 published school's financial data in addition to 2010 NAPLAN results.

Nationally, independent, government and Catholic schools operate on an average of $13,700, $11,100 and $10,000 per student respectively.

Victoria's independent schools are the best resourced schools in Australia. They operate on an average of $15,201 per student while the average is $10,178 for Victorian government schools and $9300 for Victorian Catholic schools. This is more than any school sector (independent, government or Catholic) in any other state or territory in Australia.

Parents even some principals of government schools might be surprised about how much is being spent for their schools. Nationally, 90 per cent of students attend schools that receive between $7400 and $18,800 per student. For remote or special schools, the funding is as high as $150,000 while some low-fee private schools just got $3000 per student.

According to Independent Schools Victoria chief Michelle Green, the average for Victorian independent schools was only slightly above that for NSW independent schools ($14,770 per student). She said Victorian independent schools got two-thirds of their income from parents, 27 per cent from federal government and only 7 per cent from the state.

Financial data of some notable schools in Victoria

Melbourne Grammar School, South Yarra
Total net recurrent income* $19,408,687, Per student net recurrent income $24,322, Total capital expenditure $7,599,339

Geelong Grammar School, Corio
Total net recurrent income $24,939,397, Per student net recurrent income $20,452, Total capital expenditure $7,755,776

Loreto, Mandeville Hall, Toorak
Total net recurrent income $19,015,063, Per student net recurrent income $21,128, Total capital expenditure $1,640,288

Scotch College, Hawthorn
Total net recurrent income $37,074,338, Per student net recurrent income $20,182, Total capital expenditure $4,824,195

Methodist Ladies’ College, Kew
Total net recurrent income $35,452,430, Per student net recurrent income $16,550, Total capital expenditure $12,539,377

Carey Baptist Grammar School, Kew
Total net recurrent income $41,707,875, Per student net recurrent income $19,579, Total capital expenditure $14,371,921

Trinity Grammar School, Kew
Total net recurrent income $26,551,027, Per student net recurrent income $19,752, Total capital expenditure $3,423,847

Presbyterian Ladies’ College, Burwood
Total net recurrent income $23,595,484, Per student net recurrent income $17,781, Total capital expenditure $2,237,269

Genazzano FCJ College, Kew
Total net recurrent income $19,983,909, Per student net recurrent income $17,939, Total capital expenditure $3,968,429

Glen Waverley Secondary College
Total net recurrent income $18,694,325, Per student net recurrent income $9446, Total capital expenditure $7,464,255

Xavier College, Kew
Total net recurrent income $40,272,497, Per student net recurrent income $20,759, Total capital expenditure $4,034,883

St Kevin’s College, Toorak
Total net recurrent income $24,662,520, Per student net recurrent income $14,176, Total capital expenditure $9,780,744

Fintona Girls’ School, Balwyn
Total net recurrent income $10,898,497, Per student net recurrent income $23,900, Total capital expenditure $5,773,932

Balwyn High School
Total net recurrent income $18,857,413, Per student net recurrent income $9661, Total capital expenditure $967,569

St Michael’s Grammar School, St Kilda
Total net recurrent income $25,051,186, Per student net recurrent income $20,687, Total capital expenditure $3,110,687

University High, Parkville
Total net recurrent income $12,746,890, Per student net recurrent income $10,739, Total capital expenditure $224,533

Tintern Schools, Ringwood East
Total net recurrent income $23,612,504, Per student net recurrent income $21,623, Total capital expenditure $1,924,827

Gunbower Primary School, Gunbower
Total net recurrent income $530,934, Per student net recurrent income $11,542, Total capital expenditure $102,361

Lauriston Girls’ School, Armadale
Total net recurrent income $17,791,176, Per student net recurrent income $21,618, Total capital expenditure $3,917,043

Fitzroy Community School, Fitzroy North
Total net recurrent income $751,998, Per student net recurrent income $12,746, Total capital expenditure $1,029,263

*Figures are from 2009
Source: The Age