CITY OF LAGUNA NIGUEL DIRECT AND OVERLAPPING GOVERNMENTAL ACTIVITIES DEBT JUNE 30, 2024 (UNAUDITED) 2023-24 Assessed Valuation: $19,714,354,241 Total Debt % City's Share of DIRECT AND OVERLAPPING TAX AND ASSESSMENT DEBT: 6/30/24 Applicable(1) Debt 6/30/24 Metropolitan Water District $ 18,210,000 0.509% $ 92,689 Capistrano Unified School District School Facilities Improvement District No. 1 6,712,860 24.343% 1,63 4,112 Laguna Beach Unified School District 9,940,000 0.022% 2 ,187 Saddleback Valley Unified School District 74,370,000 0.050% 37,185 City of Laguna Niguel - 100.000% - TOTAL DIRECT AND OVERLAPPING TAX AND ASSESSMENT DEBT $ 1 ,766,173 OVERLAPPING GENERAL FUND DEBT: Orange County General Fund Obligations $ 440,385,000 2.561% $ 11,278,260 Orange County Board of Education General Fund Obligations 10,030,000 2.561% 256,868 Capistrano Unified School District Certificates of Participation 19,365,000 17.161% 3,32 3,228 Moulton Niguel Water District Certificates of Participation 48,605,000 42.780% 20,793,219 TOTAL GROSS OVERLAPPING GENERAL FUND DEBT $ 35,651,575 GROSS COMBINED TOTAL DEBT -2 $ 37,417,748 (1) The percentage of overlapping debt applicable to the city is estimated using taxable assessed property value. Applicable percentages were estimated by determining the portion of the overlapping district's assessed value that is within the boundaries of the city divided by the district's total taxable assessed value. (2) Excludes tax and revenue anticipation notes, enterprise revenue, mortgage revenue and tax allocation bonds and non- bonded capital lease obligations. Ratios to 2023-24 Assessed Valuation: Total Direct Debt ....................................................................................................... . 0.00% Total Direct and Overlapping Tax and Assessment Debt ............................... 0.01% Combined Total Debt ................................................................................. 0.19% Source: Avenu Insights & Analytics California Municipal Statistics, Inc (113)