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Clinch Valley Times
St. Paul , Virginia
January 12, 2017     Clinch Valley Times
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January 12, 2017

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CLINCH VALLEY TIMES St. Paul, Va. Thursday, January 12, 2017 Page 5 teens financial literacy Through a joint effort, assisted the students in cre- Castlewood High School, ating a financial literacy and more than thirty volun- game using the bank's teers from the communityPlinka board. The board teamed up to provide CHSraised awareness about the students with a hands onAmerican Enterprise approach to financial liter- System which is celebrated acy. The CHS Chapter of by FBLA across the nation Future Business Leaders of on November 15. Using a America's (FBLA) Plinka board during lunch- American Enterprise Team es and Economics and chairpersons Brooke Personal Finance class, Home, Gracie Hicks, and participants learned how to Isacc Phillips coordinated use a check register as they the project which impacted entered debits and credits more than half of the CHSthrough game play. student body. ' Feeling confident that The first phase of the the students better under- student project began asstood the importance of the Tm Point Bank in St, Paul /' American Enterprise / System and how to monitor financial decisions using a check register, students PrePared for phase two of their project by investing more than 60 hours to cus- tom design their own life size board game with a focus on making fmancial decisions. Naming their board game, "The Game of L.I.F.E. (Lessons in Financial Experiences), game included 56 over sized puzzle pieces cover- ing the span of the gymna- sium floor. Before the board game was played each Castlewood High stu- dent participant was intro- duced to an online career site known as Career Cruising which helped identify the best career choices for each student. Following a preplanned schedule, student partici- pants were introduced to The Game of L.I.EE. as Community Volunteers served as financial adviser, answering questions concerning decisions made by students as they played The Game of L.I.F.E. Game of L.I.EE. volunteers and chairper- sons set up life size boardgame they created based on to teach fellow classmates financial literacy. FBLA members Peyton Jessee b as "Money MoLata" and Gunnar Jessee as Uncle Sam added excitement to the days events. Russell County Extension News The Russell County Unit of the Virginia Tech and Virginia State Extension Division presents this week's Extension News. Extension Calendar of Events: January 14 Shepherd's Symposium Virginia Tech - Blacksburg, VA January 16 VQA Steer Deliver Tri-State Market - Abingdon, VA January 18 VQA Heifer Delivery Tri-State Market - Abingdon, VA January 23 American Forage and Grasslands Council Meeting Hotel Roanoke - Roanoke, VA January 24 VA Cattlemen's Economic Outlook Discussion SW Higher Education Center - Abingdon, VA - 5:30 pm January 28 Beef Cattle Health Conference VT Vet School - Blacksburg, VA If you need information about any of the listed events, please call the Extension Office at (276) 889-8056 or check Virginia Cooperative Extension - Russell County on Facebook. SCOTT JESSEE - AGRICULTURE 2017 VCA Winter Economic Outlook Discussions Virginia Cattlemen's Association and Virginia Cooperative Extension, with support of Farm Credit, are pleased to sponsor meetings for cattle producers to hear adiscussion of the economic situation in the beef cattle industry in 2017. Dr. Ron Plain, Professor Emeritus of Agricultural Economics with the University of Missouri, will be the featured speaker. Dr. Plain is a nationally and internationally renowned speaker and livestock marketing expert. He has long been a resource of the food animal industry and USDA for economic outlook, mar keting strategy, and demand influencer planning. Discussion topics will include supply/demand and influencer price outlooks for 2017. Other topics include a Virginia Cattlemen's Association Update and a Cattle Price Forecast Session. The session will be held in Abingdon, VA at the Southwest Virginia Higher Education Center on the campus of Virginia Highlands Community College. Registration begins at 5 pm with session beginning at 5:30 pm. Dinner will be served and is FREE to all attending. To be sure that your dinner will be provided, please call the Extension Office to let us know that you are coming! 276,889.8056 Virginia Tech Beef Cattle Health Conference The 2017 Beef Cattle Health Conference will be held on Saturday, January 28th at 9 am in Litton-Reaves Hall on the campus of Virginia Tech. Sponsored by the Virginia Maryland Regional College of Vet Medicine, the Health Conference cov- ers topics relevant to all cattlemen. This year's session includes presentations about: The Veterinary Feed Directive (VFD) Fly control and Pinkeye prevention Beef Cattle Outlook by Dr. Andrew Griffith (University of Tennessee) Beef cow ration balancing Handling calving difficulty Reviving the newborn / cold calf All are welcome to attend the event. Registration cost is $10 per person (18 and under are free!) All attendees must register and they will receive access to lec- tures, laboratories, proceedings, and lunch. For more information or a registration form, please contact the Extension Office at 889-8056. The Russell County Extension Unit -- Cornelia Estep, Scott Jessee, Donna Meade and Bill Worrell -- is located on 135 Highlands Drive, Lebanon, VA. Check out the Virginia Cooperative Extension Website at "Uncle Sam" revealed what life might look like for each student at the age of 28. Using the career results gathered previously each student participant was provided with a check register which, detailed what their life might look like at the "age of 28. Included in their life sce- nario was their marital sta- tus, number of children, career, and salary. Using the information, students rolled dice and moved from one section of the board to the next making financial decisions from renting a home or purchase a home, buying or renting a car, and even adopting and buying pets. Excitement was added to game play as "Lady MoLata" roamed the game board awarding game players with life's unexpected. Once each student com- pleted the board, a team of more than thirty financial advisers made up of local businesses, community volunteers, and retired teachers worked with indi- vidual students to discuss the choices students made as they played the Game of L.I.EE. CHS junior Jenna Hall stated, "The Game of L.I.EE was a lot of fun! It helped me better under- stand how hard it is to bud- get around real life situa- tions. The financial advis- ers answered questions I had about some of the deci- sions I had made," Electronic holiday gifts are great; now give the oldones new life If the holiday season Remove any batteries brought you new cell- from your electronics that phones, laptops, tablets or may need to be recycled other electronics, it's time separately. to make plans on how to When we look at the big recycle your older items, picture here is why E- An estimated one bil- cycling makes a difference. lion recyclable electronics For every one-million cell devices worth approxi- phones recycled, we can mately $285 billion dollars recover: were sold in 2015. That 35,274 pounds of cop- comes out to be about three per million pounds of electron- 772 pounds of silver ics that could be recycled. 75 pounds of gold Don't put your old elec- 33 pounds of palladium tronics out with the trash. The energy saved is Think green this year and enough to power 19,000 take steps to help protect U.S. households for a year. the environment by either Here are some tips on donating or recycling your how you can become an E- older electronics, cycler: Recycling electronics -- Visit your new product also known as E-cycling--- manufacturer's website to keeps harmful toxins out of see if they have an E- the waste stream, recovers cycling program. Many valuable materials, con- major electronics manufac- serves virgin resources, turers and retailers are and results in lower emis- partnering with EPA to sions (including green- recycle electronic equip- house gases) than making ment for free or a small products from virgin mate- fee. rials. Another option is to Donating your older contact your local city, electronics to individuals municipality, or solid or organizations helps con- waste district to see if they serve resources and natural will be sponsoring collec- materials. However, it is tion events for electronics. important to make sure you You may also be able to are donating and/or recy- locate recyclers and collec- cling electronics safely and tion sites near you by correctly: checking websites like: Before donating or, or by recycling your used elec- calling 1-800-CLEANUP, tronics: to fmd collection sites and For your computer or events in your ZIP code. laptop, consider upgrading For more information the hardware or software on how and where to E- instead of buying a brandCycle go to: new product, Delete all personal cle/electronics-donation- information from your and-recycling electronics. NOTICE TO THE PUBLIC OF A PETITION BY APPALACHIAN POWER COMPANY, FOR APPROVAL OF A RATE ADJUSTMENT CLAUSE PURSUANT TO 56 585.1 A 5 F OF THE CODE OF VIRGINIA CASE NO. PUE-2016-00090 Appalachian Power Company ("Appalachian") has filed a petition for approval of an Accelerated Vegetation Management Program ("AVMP") and a rate adjust- meat clause ("VM RAC") to recover the costs of the AVMP. Appalachian requests a first-year VM-RAC revenue requirement of $13,800,000. The average monthly residential customer's bill would increase by approximately $1.68. The Commission will hear the case on l~,lay 9, 2017, at 10 a.m. Further information about this ease is available on the SCC website at: On November 17. 2016~ Appalachian Power Compaaay ("Appalachian" or "Company"). pursuant to 56-585. I A 5 of the Code of Virginia (."Code") and the Rules Governing Utility Rate Applications and Annual Intbrmational Filings of the State Corporation Commission ("Cx~mmission"). filed with the Commission its petition ("Petition") for approval of an Accelerated Vegetation Management Program ("AVMP') and, putnam to Code 56-585. t A 5 f. the establishment of a rate -adjustment clause ("VM- RAt?") tO recover the costs of the AVMP not currently in rates. In its Petition, the Company seeks approval of the AVME which Appalachian indicates will allow it to increase the amount of vegetation management it performs so that the Company can transition the distribution circuits in its Virginia service territory to a tbur-year ongoit~g vegetation management cycle, following an implementation period of approximately six and a half years. The Company states that the AVMP grew out of the reliability improvements that resulted from Appalachian's Vi~inia vegetation pilot program., which ran from 2013 through 2015 and covered 3() circuits. I~e Company" p~_~poses to implement the AVMP in stages to reduce rite rate impact on customers. Appalachian states that it plans to spewed approximately $22.4 million in the first year, consisting of incremenlal operations and maintenance and Capital, producing a Virginia retail revenue requiremem of $13.8 million in the first year. The Company proposes to increase AVMP expenditures in the second year to approximately 544.8 million. To calc~late the return on associated rate base, Appalachian indicates that it used the 9.4% return on common equity approved by the Commission in Case No. PUE-2016- 00038, and its capital structure as of June 30, 2016. Appalachian proposes that the VM-RAC be applied to customers" bills sixty days after the Commis- sion's order approving the Petition. For customers taking service on Residential, Sanctuary Worship Service, General Service--~ Time of Day, Small General Servide, and Outdoor Lighting rate schedules, the Company' proposes to implement a flat, per-customer cha~e. For eligible customers that are taking service on demand-metered tariffs, the Company proposes to collect the AVMP costs through a demand charge; the Company asserts that a flat per-customer charge would result in disproportionately large charges tbr demand-metered cusromers. Interested persons are encouraged to review the Petition and supporting documents for the details of these and other proposals. "lAKE NOTICE that the Commission may apportion revenues among customer classes and/or design rates in a manner differing fi~)m that shown in the Petition and supporting documents and thus may adopt rates that differ fi'om those appearing in the Company's Petition and supporting documents. The Commission entered an Order for N