The cathedral had gained $10,000 from application to the Government's heritage fund and a further $20,000 from the city council.
Built of an early form of steel-reinforced concrete, the seismic testing of the 101-year-old cathedral had shown elements of the structure scored between 24 per cent and 80 per cent of New Building Standard (NBS) strength - rather depending on the direction of any future earthquake.
"We've just had the geotech report done and it appears the soil is much firmer than previously assumed. We are waiting on the interpretation of the technical data. We want to whittle away as many assumptions as we can to get a more accurate idea of the work required."
A charitable organisation, the St Peter's Foundation, was created last year as the church looks to raise money toward strengthening work.
The building's strength could be brought up to 66 per cent of NBS or 100 per cent - depending on the amount of money that can be raised and the effect of steel-reinforcing on the aesthetics of the building.
As an historic building the cathedral is only required to come up to 34 per cent of NBS by 2060.
The foundation would also be used to raise money towards choral and organ scholarships and promote the church's work in the community, he said.