| The cost of building 4 class rooms, offices, etc. | 34,294 |
| Architect fees | 2,058 |
| Assembly Hall, lavatory blocks, etc. | 31.200 |
| Total | 67,552 |
| The grand total with cost of furniture, etc., amounted to over | 73,000 |
At the opening ceremony of the Dr. Ribeiro Goan School Building, in December 1931, the then President of the G.O.A., the late Dr. R. A. Ribeiro, O.B.E., said, "I cannot help referring the great services rendered to the community by my friend Dr. A. C. L.
de Sousa, on of our Vice-Presidents who was until recently the President of this Association which he founded in 1927 and under whose inspiring leadership the present education scheme tool material shape. Also by his suggestion and efforts this inspiring
site was secured for the school building in exchange of the desolate one towards the Racecourse."