The Gympie Regional Council will get $40,000 in Queensland Government funding to strengthen the community's defences against floods.
The money will be used to study possible options to improve flood proofing in the CBD and evacuation procedures.
More than 100 Gympie homes and businesses were inundated in the January 2011 floods.
Mayor Ron Dyne says the CBD regularly comes under threat from flooding and the funding will allow the council to investigate what infrastructure is needed to protect businesses.
"I don't think anyone in their right mind would say that in a very big flood that you'd be able to do anything but in the more minor floods we're looking at whether there is the option of having some portable levee bank system," he said.
"It's a matter of being able to get the message to the businesses on time so that we can use those SMS facilities and other avenues of warning businesses.
"We're going to do a study to see whether we can improve the flood immunity of the Gympie CBD.
"This will be an investigation to see whether we can come up with an alternative to try and overcome some of that flooding situation.
"We'll start on that in the very near future and one would hope that within six months we'd have an idea of where we're going."
© ABC 2012
00:06 EDT The damage bill from a supercell storm that hit south-east Queensland on Thursday afternoon with cyclonic winds and softball-sized hail could reach $150 million, Queensland Premier Campbell Newman says.