5
cr expenditure for by down this work is put Mr Kinder at over £35,000 and the building here will, the Surveyor General considers, not cost less than £10,000, irrespective of the cost of the site which will, it is hoped, be recovered by the sale of land in the neighbourhood.
The total cost of the undertaking cannot, I think, be put down at less than £50,000. Of the votes for the year are all expended there will still remain due at the close of the year for the completion of the new Convict Gave, at Stone Cutters Island, and the Post office in Victoria - See item 12 of Estimates for 1864 - over £14,500, irrespective of the cost of fittings for the former work, not yet estimated for.
On the other hand, if the sums voted for works and buildings in the Estimates for this year are not all expended, the balance in hand at the close of the year will be larger, but the sums required for the completion of the works in progress will then be correspondingly increased, so that no real difference will be made in the present statement.
7.
The estimated available balance at the close of this year