The Mayor of Parkes says the reason Trundle's floodprone now, is due to the decisions of early settlers who came and lived in the area.
The town's hospital was cut off by floodwaters in 2011, and last year the state government awarded the Parkes Shire Council $90,000 to carry out a flood study.
Councillor Ken Keith says further grant applications have been made so aerial surveillance can be carried out over Trundle to determine where floodwaters flow and what mitigation works would be needed.
He admits progress has been slow, but that it is important the study is finalised because another flood is inevitable.
"Many of our towns were built in low points, where the water would flood, so during a dry time they would get any run off that would help with their town water supplies," he said.
"Because of that, those towns are now floodprone, so it's an important issue."
The Trundle community is being told, how quickly a flood study for the town can be finalised, will depend on the government funding for aerial surveillance.
Councillor Keith says council is awaiting word on grant applications for the aerial survey.
"We hope it's sooner rather than later," he said.
"It really depends on the government response in terms of that funding for the aerial study.
"A lot will hinge on whether that funding is available to allow us to proceed."
© ABC 2013
15:19 EST Editor's note: This story has been updated to clarify that the higher prices predicted by livestock agent Kevin Currie would be paid for dressed weight and not live weight bullocks, as was suggested in the original story.