Because of the county's good financial standing, the interest rate on the note is 0.6 percent. "It takes a good credit rating to be able to borrow money at a rate like that," Brown said.
The county may invest the millions in an account drawing a higher percent interest than it is being charged.
"There is money that can be made; I don't know how much money will be made off of it," Brown said.
Gabriel Agan, an investment banker with Morgan Keegan & Company Inc., said the purpose of the money is for use on day-to-day operations.
"It's to fund general operations, not capital projects," he said, adding that a lot of counties borrow TAN in anticipation of funds to be used throughout the year.
He also stressed the county's in good financial shape. "One reason the county borrowed at such a low interest rate was the fact that they have such a good credit rate."
Brown said the money will only be used for maintenance and operations, but officials do not expect to access the funds for at least three months.
Brown said a credit rating of Aa3 for a county the size of Bartow is excellent. "The only county that will ever beat us will be one like Gwinnett."
He attributed the county's credit to always paying bills on time and doing well with audits.
The next commissioner's meeting will be held March 9 at 10 a.m. in the commissioner's chambers at the Frank Moore Administration and Judicial Center, 135 W. Cherokee Ave., Cartersville.