A levee bank upgrade in the Wagga CBD to one in 100 year flood protection could start next year, if construction funding is provided.
Thousands of residents were evacuated in March when the river was predicted to top the levee, but fell short.
The New South Wales government has provided $1 million for flood studies and design work in the CBD, North Wagga and the villages.
Director of Infrastructure Services Heinz Kausche says council needs input from residents over the next two months on the design plans and should be ready to go in a year.
"It's really encouraging that we've received this latest round of funding," he said.
"We know the grant was heavily oversubscribed this year so it shows that the work we've done to date has been positive and it's also shown the importance of flood protection for Wagga and that we are being heard.
"So we'll continue to push and lobby different levels of government to try and secure the next round of funding.
Mr Kausche says the levee bank upgrade project will cost around $20 million.
"We have been lobbying the feds independently," he said.
"Wagga being basically the largest regional inland city, it's important that we offer the maximum level of protection we can to the city.
"So we're very keen to try and secure the funding by any means we can.
"The flood plain management program that's managed by the state is limited in the money that's available so we're also looking at securing funding through other means."
Mr Kausche says it would be a battle for council alone to fund the CBD levee upgrade.
"Budgets are very limited so we do need help from the state and feds to keep this project going," he said.
"We expect the detailed design and investigation process will probably take about 12 months and then we'll be ready to build from that point.
"So the actual construction process will be subject to funding and we'd like to do it as quick as we possibly can."
© ABC 2012
21:48 EST Graziers in northern Australia are shooting their cattle because they can't feed or sell them.