The proxy statement lists the items to be voted on including nominees for directorships, the auditing firm recommended by directors, the salaries of top officers and directors, and resolutions submitted by management and stockholders. Proxy statements are required by the SEC.
Alabama Proxy Statement
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Multi-State
Control #:
US-CC-15-137
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Word;
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FAQ
The University of Alabama had a record-setting financial year in 2022 as the school reported a record $214.4 million in revenue.
The University of Alabama had a record-setting financial year in 2022 as the school reported a record $214.4 million in revenue. Spending increased as well, but the athletic department still finished the fiscal year positive with $18.5 million, ing to AL.com's Michael Casagrande.
19 Financial Report ? Statements of Net Position? 2019? Current portion of longterm debt42,487,45032,681,257Total current liabilities569,959,721534,275,339Noncurrent liabilitiesFederal advances loan funds8,393,2399,894,35161 more rows
Primary components of the University's operating revenue sources are tuition and fees and auxiliary sales and services, which are generated from self-supporting departments including Intercollegiate Athletics, residence halls, the UA Supply Store, and food service operations.
Before subtracting scholarship allowances, the University collected $754 million in revenue from tuition and fees during the 2020-21 fiscal year. That's down from $801 million in the 2019-20 fiscal year. ?The University is always looking at costs and revenues,? UA spokesperson Shane Dorrill said in an email.
