Yarriambiack Shire Council will touch base with the region's progress associations and recreational groups over the next month, after being awarded $1 million worth of funding from the federal government.
The Wimmera shire was one of 14 nationwide to be allocated funding under the latest round of the Drought Communities Program, announced last weekend.
Council chief executive Jessie Holmes said a condition of receiving the funding was to commit it all to projects by December 30.
"We don't have any specific projects in mind yet, but they will be shortlisted from the priority list of 46 community projects we already have," she said.
"We will meet on Wednesday morning with the internal project control group to make that shortlist, and it will go to a council forum from there. We are looking for projects that are shovel-ready, because they have to be done in such a short timeframe."
The Drought Communities Program provides funding for projects that stimulate community spending, use local suppliers and provide a long-lasting benefit to agricultural industries. Buloke Shire Council received $1 million under the program in March.
Ms Holmes said community halls used by farmers as a meeting place was one example of a project the new money could be put towards.
Murra Warra farmer David Jochinke said he hoped to see some of the money be spent on assets that would leave a long legacy on the shire's farming economy.
"Just as an example, the weir bridge in Warracknabeal is a single-lane bridge, and during harvest it's one of the main roads to the GrainCorp site," he said.
"Upgrading that would make a big difference to the region."
Nationals candidate for Mallee Dr Anne Webster said the funding formed part of a $57.4 million drought help package.
"I think one of the other exciting components is a commitment of $7 million to establish a pilot rural financial counselling service for small businesses in drought-affected areas," she said.
Yarriambiack Mayor Graeme Massey said the shire had been working on securing the funding for several months.
"We've met the criteria because we've had more than 24 months of below average rainfall, and the messages are we're in for another dry year," Cr Massey said.
"When you look at the announcement coming at is does during the election, I think they Nationals are realising Mallee is more vulnerable, and they probably are looking to shore up some support.
"But I think people in our area are astute, so I don't think it will make any difference to how people are gong to vote. Most of them have probably made their mind up already."