This marked the eighth straight season the league had recorded an operating profit and is the only league in the region that has announced a profit in 2022.
As a result all member clubs gained a marketing allowance of $6500.
The build-up to the AGM was much-publicised following the league’s dispute with AFL Victoria in regards to a new affiliation agreement for next season.
A resolution is unlikely to be reached following a breakdown of communication between the two parties, meaning that the league is preparing to enter next season as an unaffiliated league.
Tocumwal was also provisionally suspended by the league in October, continuing what has been a hectic off-season.
Despite the recent events league operations manager Shane Railton said the AGM produced an amicable and positive discussion between member clubs.
“It was a really good discussion, we went around the room and every club got to voice their opinion,” Railton said.
“It was pretty clear to all and sundry in the meeting that the gross majority of clubs would prefer not to sign that specific agreement and be unaffiliated.”
Along with the affiliation discussions a number of other topics were on the agenda.
It was decided a salary cap of $95,000 would be in play for next season, a figure that is in line with where the league has been in the past.
A sub-committee consisting of members of clubs was also formed to come up with a player points structure for 2023.
The league is close to announcing a draw for the 2023 season, which will commence on the first weekend of April.
Fifteen clubs will feature in that draw of 18 rounds, with each team to play 16 matches.
It was also confirmed that GameDay would once again be the league’s IT system in 2023 after it abandoned PlayHQ halfway through last season.