I MUST confess to feeling a little disheartened when the figures were confirmed to Chronicle council reporter John Maslin.
Twelve months into a mammoth fundraising campaign, the Sarjeant Gallery redevelopment project has $3 million pledged. Meanwhile, over those 12 months, the cost of the project has risen from $28 millionto $34 million.
So far, no juicy corporates dipping into their coffers to claim naming rights to our iconic edifice on the hill.
There is, of course, the $10 million earmarked by central government which should come through as long as it is matched locally. And my disappointment in no way reflects on the worthy work of those backing this project, especially the regular contributors who make up the 1000 Stars appeal.
Perhaps I am just being impatient in hoping that we might have snared a bank, or a Getty or a Guggenheim by now. But I can appreciate councillor Philippa Baker-Hogan's concerns - as reported on page 4 - that Wanganui may be facing an uphill battle to secure the future of this artistic landmark.
And $4 million set aside for earthquake strengthening in council's 10-year plan casts a cloud over promises that ratepayers would not be chipping in. Still, there's a way to go ...
Funding applications are being prepared, approaches are being made to potential donors and philanthropists, and Sarjeant Gallery Trust chair Nicola Williams - who largely carries the considerable burden of making it happen - remains confident.
So we must remain positive. An expanded and redeveloped Sarjeant Gallery in Queen's Park is a huge prize - not just artistically but for the economic spin-offs it will bring to the city.