February 28, 2022

  Dr. Rick Franza, is the Dean of the Hull College of Business who discusses a different, timely business topic each Monday in this column. This week, we’re looking at how war between Russia and Ukraine could impact CSRA businesses. The interview has been edited for clarity and impact. ABD: What kind of impact will a war on the other side of the globe have on local businesses? Rick: The most immediate impact is in oil prices. The good news for us is that at 80 degrees, we won’t have

Things could get brighter in Augusta, but with the result of increased costs for area businesses. The city plans to expand street lights on various streets and neighborhoods. It will use $1.5 million of the $6 million Rescue Act Funds it received to cover the shortfall of the project. But that won’t cover the ongoing expense of keeping those lights glowing. To cover the increase in the city’s power bill, the city proposed hiking the business tax rate to $175, a 63.5 percent raise of $68. Residential rates would rise