The World War I monument at Moutoa Gardens is on track to be finished in time for Anzac Day, according to deputy mayor Hamish McDouall.
Mr McDouall, who is also chairman of the Pakaitore Historic Reserve Trust Board, said the monument was expected to be completed except for the steps surrounding the obelisk.
"The steps were constructed separately from the obelisk and there is a problem fixing the steps," he said.
Mr McDouall said there had been "a couple of delays" with the reconstruction work but otherwise everything had gone according to plan.
Total cost of the restoration is nearly $500,000, with most of that money coming from the Lotteries World War I Commemorations committee. A condition attached to the money was that the work must be completed by Anzac Day 2015 - the centenary of the landing at Gallipoli.