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Posts published in “Day: January 31, 2008”

Huffman FFA honors lifetime supporter

By LEWIS SPEARMAN
HUFFMAN – The Huffman Livestock Show and Carnival this year proved successful in the largest crowd attending and the rapidity with which bids rose.
This year the initial ceremonies recognized Owen Campbell for his contribution to the Huffman FFA over the last couple of decades.
Campbell was awarded a a sculpture and and warmth for his contributions.
Campbell stated to the crowd, “I need to honor you for all you have done for me.”
Campbell pointed to the program’s contribution to the work ethic of participants.

Crosby VFD recognizes 30 year service, future plans

By LEWIS SPEARMAN
CROSBY – The bravado and dedication required to rush into a flaming building as everyone else is dashing to get out was subdued under the jovial countenance of local heroes last Jan. 26 at the Crosby VFD 2007 Appreciation Banquet.
Randy Foster announced that two five acre lots were purchased by ESD#80 for future fire station developments last year. One is located beside Station 2 in Newport, the other is located at the corner of Highway 90 and Kenning Rd. A new pumper has been ordered to replace the 1983 Grummond pumper to be delivered in August or September. An architect is currently designing the new station developments.
Last years was an extremely successful year for the acquisition of equipment in Crosby.
The Crosby VFD has been dedicated to lowering the ISO Rating for Crosby for years not only to improve the community’s safety but also to lower insurance costs for homeowners. This year the purchase of new Bronto aerial devise. The department not only received a new HAZMAT trailer to deal with dangerous chemicals. The ESD#80 bought a new utility truck to pull the trailer. Chief Alan Kulak announced the successes of Crosby VFD in raising scholarships. Booster #82 is being replaced by a newer model this year.
Bob Roberts of the Crosby VFD Fire Board announced that Briskets will be cooked at Crosby High School this Saturday from 11 to 5 the briskets will be sold for $40 each to benefit a local student.
Thanks to a grant chased after and received from the Texas Forestry Service four of five stations now are equipped with Jaws Of Life. Rescue Stokes and Rescue Randy has been bought to help train firemen in rescue training. Thirteen more sets of fire gear has been added to the department.
A new water rescue boat was taken this month.
Raymond Wilkinson was recognised in abstencia for 15 years of service, he had to work. Bob Roberts Sr. was recognised for 25 years of service and Randy Foster was recognised for 30 years of service.
Training Officer Chris Black presented an amusing and highly animated satire of mistakes made in 2007.

Local HSL&R Go Texan Committee holds cookoff

By BOBBY HORN JR.
CROSBY– Cold winds and rains did not stop a group of diehard cookers from going out to have a good time while raising money for a good cause.
On Friday and Saturday night the Crosby-Huffman Go Texan Committee of the Houston Livestock Show and Rodeo held their annual cookoff at the American Legion Hall.
This year 12 teams competed in the areas of fajitas, open dish, chicken, beans, ribs, brisket and showmanship.
Judging began Friday night with fajitas and continues all day Saturday, with briskets reaching the judges at 5 p.m.
The big winner of the night was the Bayou City Lagniappe Cookers. The team won first place in Beans, Open Dish, Ribs and Brisket and took a third in chicken.
The Cypress Boys won first in fajitas while Smoking Hat Cookers took top chicken.
The Redneck Girls won the showmanship award.
The cooking teams were not the only winners Saturday night. Proceeds from this and other fundraisers are returned to the community in the form of HLS&R scholarships for graduating seniors from Crosby and Hargrave High Schools.

When can you start tapping into sources of retirement income?

When you retire, it would be convenient if all your expenses were to “retire” as well. But they won’t. In fact, you’ll likely need between 80 percent and 100 percent of your pre-retirement income to maintain your standard of living in retirement. And you may even need more, depending on what you plan to do during your retirement years. So, well before you retire, ask yourself a couple of key questions: Where will the money come from? And when can I get at it?
Let’s take a look at some of your likely retirement income “pools,” along with the rules governing withdrawals from these sources.
* 401(k) plan – If you have a 401(k) plan at work, take full advantage of it. Your earnings have the potential to grow on a tax-deferred basis and you typically contribute pre-tax dollars, so the more you put in, the lower your adjusted annual taxable income. Generally, you have to be at least 59-1/2 to withdraw money from your 401(k) without incurring a penalty of 10 percent of the taxable amount of your withdrawal. However, you can avoid this penalty under the following circumstances:
1. You leave your employer when you are at least 55 or you become disabled.
2. You take a series of equal periodic payments, made at least annually, for your life or life expectancy.
3. You “roll over” your 401(k) withdrawals into an IRA. Of course, you may not want, or need, to tap into your 401(k) at either age 55 or 59-1/2. If that’s the case, you can leave your account alone and, hopefully, watch it continue to have the potential to grow. But you will have to start taking withdrawals when you reach 70-1/2, if you haven’t already done so.
*IRA – As is the case with your 401(k), you will, in most cases, have to pay a 10 percent tax penalty if you take distributions from your IRA before age 59-1/2. And you must begin taking required minimum distributions from a Traditional IRA once you reach 70-1/2. If you have a Roth IRA, you face no mandatory distribution rules, so you never have to touch the money, which means it can potentially grow tax-free for years.
*Social Security – You can start taking Social Security when you reach 62, but your monthly payments will only be about 70 percent to 75 percent – the exact amount depends on your age – of your payments if you waited until your reached “full” retirement age, which is probably 66 or 67. (Social Security determines your full retirement age by your year of birth.)
To most effectively incorporate your 401(k) and IRA withdrawals, and your Social Security payments, into your retirement income, you’ll need to consult with your financial advisor. Also, to make sure you’re not adversely affecting your tax situation when you start taking these withdrawals and payments, talk to your tax advisor. But don’t wait until you’re almost retired to start planning for it. Your decisions on when to start taking withdrawals from your various retirement accounts are usually irrevocable – so you’ll want to get them right the first time.

Chambers County mayors welcome history buffs

By PUDGE WILLCOX
CHAMBERS COUNTY– The Chambers County Mayors Coalition welcomed a group of history buffs to their meeting last week at the Cove City Hall.
Addressing the Mayors was Bob Wheat, Chair of the Chambers County Historical Society; Kevin Ladd, Director of the Wallisville Heritage Park; and Heather Hawthorn and Sarah Cerone, representing the Chambers County Sesquicentennial Committee.
Wheat gave a brief history of Chambers County from some 2000 years ago to the present. He invited the Coalition to visit and utilize the County’s Historical Museum and Archive Building for a future meeting.
Ladd spoke of the activities of the Wallisville Heritage Park which is privately funded and houses a museum and a genealogy library. He likewise invited the Coalition to utilize the Park’s meeting facilities which include a one room school building located adjacent to the museum.
Hawthorn and Cerone reported on the upcoming events that are scheduled for the 150th birthday of Chambers County. The kick-off event will take place on the East Courthouse Steps on Feb. 11 at 11 a.m. and will include a hot dog lunch served near the Courthouse. Next, a Birthday Bash will be held on March 29 at Fort Anahuac Park starting at 10 a.m. It will be an all day family affair with activities for all ages. It will conclude with a gigantic fireworks display at 10 p.m. and a street dance until midnight.
Ryan Larue, District Coordinator for Senator Tommy Williams, spoke briefly about recent legislative activity and advised the Coalition that should they need legislative action during the next session in 2009, to contact the Senator’s Office for assistance.
The Coalition also reappointed Rita Standridge to the Board of Directors of the Gulf Coast Waste Disposal Authority. Mrs. Standridge currently serves as the Vice Chair of the Board.