Sparky, I assume you know this -- but just in case, and for folks that don't know -- Take your no-longer- good flags to your local American Legion post (or one of the other military "clubs") for disposal. Ours has a flag burning ceremony at least once a year, and that's when the flags are put out of service, permanently, with the proper respect.
We make the flag name tags for the big display in downtown Marquette - and today, while in the Marquette parade, I got the pleasure of seeing all 114 of them on display. Sure is cool to know there are that many people in our little community that are willing to help the Legion buy "buying" a flag to honor someone. The flag display is posted a few posts back from here.
Two parades down, next are two bands - one blues, one party rock, and fireworks around 10 - 10.30 PM. It gets dark really late up here in the far north. Have a safe rest of the day, folks.