Alabama A&M had a $349.8 million impact on the state of Alabama


CEE DOG

CEE DOG

Well-Known Member
http://blog.al.com/breaking/2014/03/how_much_does_alabama_am_mean.html#incart_river_default

Alabama A&M University had an economic impact of almost $350 million on the state in the 2011-12 academic year, according to a University of Alabama study.

The study was presented Friday to a group of Alabama A&M trustees who gathered for the board's February meeting. A quorum of trustees was not present, however, and those who were there received the report.

Samuel Addy, an associate dean at the Culverhouse College of Commerce at the University of Alabama, presented the report to the trustees.

"I was amazed at the end of our study," Addy told the trustees. "I have thought of Alabama A&M as a small university in the north part of Alabama. But you do have a large impact on this state and on this special area. "

According to the study, Alabama A&M had a $349.8 million impact on the state for the 2011-2012 academic year, providing 1,612 jobs and $12.3 million in income and sales taxes. The study said the school created an impact of $8.66 for every $1 in state appropriations. Alabama A&M received $40.4 million in state funding in 2011, according to the report.
 



They care, this study's 3 yrs. old so. :read:

http://hbcubuzz.com/study-reveals-alabama-state-university’s-economic-impact-nears-1-billion/


Alabama State University officials have announced the results of a one-year study that measured the economic impact of the University in Alabama and specifically in the Montgomery regional area. The announcement came during a news conference held on July 8, 2011, in the Board of Trustees conference room located in the Dunn-Oliver Acadome.

The study, conducted by the Washington Economics Group, of Coral Gables, Fla., shows that the University’s operations and related activities have a $901 million impact on the state’s economy and in particular the economy of the three counties that comprise the River Region. The study further reported that the University “is a powerful catalyst of economic development for the state and for the River Region in particular.â€￾
 
We do not have a Staff and Faculty that is dedicated to making AAMU a great University. However, the in fighting has somewhat decreased under the current administration. Where in fighting exist people do not see the whole picture of what is right in front of them. Things are looking up for the future of AAMU.
 
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