The largest funding commitment for the playground to date formed part of the $10 million fund available when the former Corowa and Urana shires agreed to merge a year ago.

First proposed more than three years ago, the Yarrawonga-Mulwala Adventure Playground committee had only $400,000 guaranteed after a string of funding application setbacks.

The final step in the project becoming reality is another bid to the NSW Government for funding to add a splash park for the development in Purtle Park.

Also, an existing boat ramp will be removed and toilet block replaced.

Playground committee spokeswoman Kaitlyn Cummins said the council funding was significant.

“It is huge,” she said.

“It is enough to do the playground part, but not the splash park.

“It's going to be so great for our community.

“It's a beautiful spot and that part of the lake is just gorgeous.”

The playground, which was originally earmarked for Yarrawonga, was pipped by the Corowa pool project for a $1 million funding application to the NSW Club Grants scheme.

The committee behind the proposal has made another application to cover the splash park cost.

Meanwhile, the Corowa pool project has been topped up by another $1.5 million from the funding announced by Federation Council on Tuesday.

Consultants appointed by council are expected to present a final report on pool options within six months and administrator Mike Eden said he could make a decision on a 50-metre outdoor or 25-metre heated indoor pool before councillors return in September.

“The more I talk to people the more I believe a 25-metre indoor pool is what the community wants,” he said.

“You are put into positions of leadership to make decisions.”