It is a common misperception that public universities and nonprofit health systems do not generate tax revenue. State and local tax impacts attributable to UAB’s presence in FY22 totaled more than $371.5 million ($114.9 million in direct impact and $256.6 million in indirect and induced impact).10 Through its local spending and direct and indirect support of jobs,

UAB’s presence stabilizes and strengthens the local and statewide tax base. UAB is integral to the state’s economy, generating government revenue, jobs, and spending.