In 2018 the Lake Bolac Foreshore Committee and DELWP conducted a survey of the Lake Bolac community to determine how people use the lake and what they like about it. A follow up workshop highlighted challenges and prioritised aspirations for future actions around environmental, cultural and social themes.
Some of the earliest European settlers in rural Victoria wrote first-hand descriptions of the land and their experiences. One collection is in the book Letters from Victorian Pioneers, written as a tribute to Governor LaTrobe when he left the colony in 1853. The Fiery Creek and Lake Bolac areas are mentioned in letters from Alfed Thompson, Thos Chirnside and Colin Campbell.