At last month's council meeting, a motion was put forward that $560,000 be transferred from the Waste Management Reserve Fund to kickstart a number of capital projects and initiatives within the shire including the Opal and Fossil Centre.

While that motion was passed, a recision motion followed to hold the funding back, which was carried on Monday.

Councillor Charlie Mitchell who voted for the recision motion said the money should be kept as a reserve.

Similarly Cr Robert Greenaway who also voted for the recision motion said Lightning Ridge needed to purchase a new site for the tip within the next 12 months to two years and that the money should be used for that purpose.

At that same meeting a motion was put forward to council to establish a line of credit for $2 million, in a bid to establish a number of capital projects and new initiatives.

It was determined that council would pursue a line of credit, but under Government conditions this would probably not be able to be applied for until next May.

Mayor Peter Waterford said it could take up to 12 months before the relevant minister approved it.

Council's infrastructure management manager John Burden said while council would not need the $2 million credit up front, if the line was approved council would have spare money when it needed it.

But Cr Greenaway was against the idea and said he believed the $2 million would be committed by council within three months of it being granted.

"All the money would need to be paid back which would total around $4.5 million."

But Mr Burden said the money would not be spent willy-nilly, instead a business plan with costings analyses would first be done before any money was allocated.

Cr David Lane, who is the president of the Opal and Fossil Centre committee, said in regard to the Opal and Fossil Centre all that work had already been done.