CITY OF LAGUNA NIGUEL STATEMENT OF NET POSITION PROPRIETARY FUND JUNE 30, 2024 Governmental Activities - Internal Service Fund Vehicle Replacement Fund ASSETS Current: Cash and Investments $ 202,594 Interest Receivable 1,251 Total Current Assets 203,845 Noncurrent: Vehicles, Net of Accumulated Depreciation 419,501 Total Noncurrent Assets 419,501 Total Assets 623,346 LIABILITIES Current: Lease Payable, Due Within One Year 86,222 Total Current Liabilities 86,222 Noncurrent: r 98,077 Lease Payable, Due in More Than One Yea Total Noncurrent Liabilities 98,077 Total Liabilities 184,299 NET POSITION Net Investment in Capital Assets 235,202 Unrestricted 203,845 Total Net Position $ 439,047 See accompanying Notes to Basic Financial Statements. (32)