A SECURE water supply for Nimmitabel is one step closer to reality after the promise of state funding by the Acting Premier Andrew Stoner.
He inspected the site of the Lake Wallace dam project on Tuesday and has promised $5.3m for the dam to guarrantee Nimmitabel's water supply.
"I wanted to have a look at the site for myself," Mr Stoner said.
"As part of my role as Minister for Regional Infrastructure and Services I have set up a fund for water security for regional communities.
"So this proposal meets the criteria to access funds from that program.
"I will expedite that to the best of my ability and hopefully it will be finalised in the next couple of months.
"I remember how bad the last drought was. This project is one for its time and John [Barilaro] has continued to lobby very hard for it," Mr Stoner said.
He visited the site of the proposed dam, which is about 6km out of Nimmitabel, with the Member for Monaro John Barilaro, Cooma Monaro Shire Council mayor Dean Lynch and council representatives, water committee chair Cr Tony Kaltoum, Cr Martin Hughes, deputy mayor Cr Bronnie Taylor and Nimmitabel Advancement Group (NAG) chair Richard Lawson.
Mr Lawson, who is also a communty representative on council's water committee, said he was hopeful after the promise of funding by Mr Stoner.
"Things are looking up," he said.
Council's water committee chair Tony Kaltoum said the dam has been on the agenda for about six years and he feels more positive after Mr Stoner's visit.
"It sounds more hopeful this time. Andrew Stoner sounds genuine," Mr Kaltoum said.
"I think it sounds like a positive result. We have a chance now, and he will show us how to get through the hurdles."
Mr Barilaro said the estimated cost for the project now sits at $5.3 million, far more than originally estimated.
"This new estimate takes into account the full scope of works including the required environmental offsets," Mr Barilaro said.
Director of Engineering Linda Nicholson said the council has completed initial studies for the proposed 320ML dam which has to go through a four-stage approvals process that is expected to be completed by April.