Referring to a report on last year's event, which was presented at Wednesday's Wingecarribee Council meeting, councillors agreed the event needed a "major overhaul", pointing to a number of issues.

The report revealed that revenue was down 9 per cent from 2009 while visitation was up 15 per cent (2010, being the 50th anniversary, would not be a fair comparison).

Cr Juliet Arkwright said there were too many people in charge of organisation and it should be limited to one person overseeing the event, particularly the parade.

Mayor Ken Halstead agreed, saying while the bad weather last year had had a negative impact, something needed to happen to make it different.

Cr Graham McLaughlin, also Tulip Time Committee chair, said they just didn't have enough funding last year.

Tourism manager Steve Rosa agreed, saying funding for the event had remained static for at least the past six years, with the exception of the 50th anniversary in 2010, which received a $100,000 boost.

"We need councillors to commit to the sustainability of the number one event in the region into the future," Mr Rosa said.

He said there were a number of things being reviewed, such as moving the focus away from Corbett Gardens and encouraging the other towns and villages to get involved.

Admission charges, using street banners, and workshops in float-making for the parade were also being considered.

There were some issues with last year's $20 million public liability requirement for floats in the Street Parade which had resulted in some people being reluctant to participate.

One of those people was antique fire truck owner Ian Scandrett, who said people were not interested in seeing a Boral cement truck leading a parade.

"The increased bureaucracy and politics is killing the parade, not only Tulip Time but also the Australia Day parade," Mr Scandrett said.

"Why would you go every year for the same thing? We've got a council that thinks they can put on the same film every year and people will watch it, but it doesn't work that way."

The council resolved to review all fixed costs associated with the operation and sustainability of the event.