THE recent drought had a harrowing impact on Tamworth's local economy, but its full cost to the community remains largely unknown.
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Now, Tamworth Regional Council (TRC) will explore quantifying those impacts to improve the region's water security and future prospects.
Councillors will vote on Tuesday night on whether to fund an Economic Impact Report on the 2019-20 drought to better understand its costs and impacts and plan for the future.
"Throughout the recent drought, Tamworth suffered an extended period of Level 5 water restrictions, negatively impacting on the amenity, reputation and economy of the region," a report to councillors written by TRC sustainability coordinator Tracey Carr said.
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"While anecdotal evidence suggests the impacts to businesses was extensive, there is little to no evidence to document the actual extent of the impacts.
"With the aim of better understanding these impacts, Council staff prepared a Request for Quotation (RFQ) to conduct a drought economic impact study which was forwarded to three suitably qualified organisations for response."
The data could help TRC lobby state and federal governments to review policy and change to negate future impacts during drought and higher levels of restrictions.
Councillors will vote on whether to approve funding for a company to undertake the report, or approach the wider market via Tenderlink to ensure the best value is obtained.
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