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September 23rd, 2017

Surplus proves budget flexibility needed

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It’s a problem Louisiana legislators simply aren’t used to, at least not in recent years.
Year and year the state has faced budget deficits, often facing midyear cuts in the process.
Not this year. The quandry facing legislators now is how to spend the surplus while a bigger and worse still looms in the future.
Earlier this week the state announced that it ended the last budget year with a surplus topping $100 million.
“The books have been closed on the revenue side for Fiscal Year 2017, and we’re not going to have a deficit,” said Commissioner of Administration Jay Dardenne.

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Students enjoy spending time with grandparents

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The students at Grace United Methodist Church Preschool are learning just how much fun they can have at school. School is a new experience for most of the children, but they are adjusting well to the routine and making friends. The children recently enjoyed their first family involvement activity. Grace hosted Goodies with Grands on Thursday. Photo top: Gabriel Madden and his “Gigi,” Angie Brown, celebrate Grandparents’ Day at Goodies with Grands. The event provided grandparents a chance to spend special time with the students and create lasting memories.

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School donates to Hurricane Harvey relief

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Cypress Springs Elementary School recently completely a collection in support of local Hurricane Harvey relief efforts. The school publicized the initiative on the CSE Facebook page as well as sent flyers home to help get the word out to as many individuals as possible. CSE Coordinating Teacher Lauren Pigue reports that the school had several generous donors, among them School Board member Debbie Abrahm, who helped the students and staff fill multiple boxes with much-needed supplies for those involved in the ongoing relief process.

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Financial strategies for women investors

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Today, women are playing an ever-increasing role in making important financial decisions —whether for themselves or for their families.
While many of the basic rules of investing hold true for all investors, some life events affect women differently than men and can have an impact on investment decisions.
Women might want to give some special consideration to the following areas:
Longer life expectancy

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What are the benefits of saving money for the future?

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Question: I am a reasonably successful professional who enjoys his work.
I saw my father save and scrimp, only to die less than one year after he retired. It was such a waste. I am determined not to be that way. I do not ever plan to retire. My philosophy is to live for today and not save a bunch of money for a day I may never reach.
This worries my wife to no end and has been the source of endless arguments. Is my thinking legitimate?
Answer: You have determined that you will never retire. But why stop there?

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Here is the countdown to a comfortable retirement

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If you want to enjoy a comfortable retirement lifestyle, you don’t need to have been born rich or even to have earned scads of money during your working years.
But you do need to make the right moves at the right time — which means you might want to start a “retirement countdown” well before you draw your final paycheck.
What might such a countdown look like?
Here are a few ideas:
• Ten years before retirement — At this stage of your career, you might be at, or at least near, your peak earning capacity.

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Reed named market president of Argent Trust Company

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Kyle McDonald, chairman of Argent Trust Company, a Ruston-based company, has announced Kevin Reed as market president and the company plans to open a New Orleans office.
Reed has over 30 years of experience in management, asset management, trust administration, client expansion, and product and service development to Argent Trust.
As market president, Reed will focus on building a presence for Argent in the greater New Orleans market.

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Local honored with award

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Local State Farm Agent, Kim Dupree, center, was in the Top 3 for the Northeast Louisiana Better Business Bureau Good Neighbor Torch Award for 2017. The Good Neighbor Award recognizes businesses who play a significant role in their support and involvement in local community projects or charities. Giving the award was Sherry Martin, left, chairman of the BBB Monroe advisory board, and Jo-Ann Deal, manager of NELA BBB.

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Cougars outlast Delhi in 62-44 scoring marathon

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DELHI — In a game featuring two high-octane offenses, Delhi seemed to run out of fuel first Friday night as Cedar Creek pulled away for a 62-44 win at Bears Stadium.
The Bears controlled the game in the early going, taking an 8-0 lead on a one-yard TD plunge followed by a two-point run by junior quarterback Brandon Williams at the 7:53 mark of the opening quarter.
But Cedar Creek (4-0) countered only 46 seconds later as Tripp Marcus broke free on a 25-yard scoring scamper to make it 8-6 in favor of the Bearcats after the Cougars’ two-point conversion run failed.

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Panthers roar to first win

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Lincoln Prep picked up its first win over the season as James Caesar (2) raced to a 50-7 road victory Friday night at D’Arbonne Woods.

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