NAMBUCCA Shire Council is set to receive a $312,542 payment to cover the cost of rain and flood damage to council assets.
State Minister for Finance and Services Andrew Constance said the funding will cover the full cost of restoring council owned assets which were damaged in severe storms during January and June 2011.
"As soon as the Council certified that the eligible works were complete, I asked NSW Public Works to reimburse them $312,542, which is the full amount they requested for the cost of repairs to assets damaged in the storms," Mr Constance said.
Deputy Premier Andrew Stoner welcomed the additional funding and said it would relieve the Council and its ratepayers of a huge financial burden.
"Although the floods occurred some time ago, Nambucca Shire Council has been working hard to repair the damage," Mr Stoner said.
"The Council applied for assistance with the cost of extensive debris cleanup from roads, footpaths, parks, fencing, as well as repairs to infrastructure.
"Works funded by this cheque include the replacement of important stormwater drainage across the city, as well as other community areas in Mackay Park."
The NSW Government's Natural Disaster Relief Assistance Program (NDRA) provides financial assistance to local governments for the restoration of eligible council assets damaged by declared natural disasters.
The local government assets component of the natural disaster relief arrangements is administered by NSW Public Works, a division of the Department of Finance and Services.
In the past three financial years, more than $30 million in NSW Government payments have been made to councils to cover the costs of emergency works and damage to council-owned assets across the State.
This is in addition to the financial assistance administered by the Roads and Maritime Services for damage to council roads and bridges.
Under an agreement with the Australian Government, NSW pays for the first $136.2 million of natural disaster infrastructure costs each year.
The Australian Government matches NSW expenditure for costs between $136.2 million and $283 million and beyond that covers three quarters of all costs.