According to the Business Bulletin of the City of Edinburgh Council Culture and Communities Committee (3 October 2023) there are “issues of damage to the timber structure that supports the Time Ball mechanism as well as water ingress”.
The cost is, “estimated to cost between £400,000 and £500,000 (against a budget of c. £63,000). If the funding is agreed, then Spring 2024 is likely to be the earliest full re-opening. . .”