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KALISPELL, Mont. (AP) Flathead County has taken its money out of the state's Short-term Investment pool program due to low interest rates.

County Treasurer Adele Krantz says the county had about $35 million in the program at the beginning of the year.

Krantz says the county can get a higher interest rate by putting the money in local banks.

The Short-term Investment pool program is a statewide money pool where government agencies must keep their surplus money and where cities and counties can invest their surpluses.

Information from: Flathead Beacon, http://www.flatheadbeacon.com (Copyright 2009 by The Associated Press. All Rights Reserved.) APNP 11-07-09 1459CST | save this article / add to your favorites list