CITY OF LAGUNA NIGUEL NET POSITION BY COMPONENT (CONTINUED) LAST TEN FISCAL YEARS (ACCRUAL BASIS OF ACCOUNTING) (UNAUDITED) Fiscal Year 20202021202220232024 Governmental activities: Net investment in capital assets $ 588,977,831 $ 579,071,088 $ 572,776,211 $ 571,646,645 $ 570,027,950 Restricted: Pension $ 153,013 $ 692,039 $ 916,958 $ 2,004,472 $ 2,179,843 Public safety 72,830 84,2 85 34,327 48,977 89,845 Public Works 5,614,824 5,718,205 6,382,693 6,567,634 11,667,794 Community development 216,803 304,171 393,984 475 ,183 842 ,166 Air quality improvement - - - - - Total restricted $ 6,057,470 $ 6,798,700 $ 7,727,962 $ 9,096,266 $ 14,779,648 Unrestricted 32,595,299 35,742,243 38,117,655 43,8 26,907 44,674,514 Total governmental activities net position $ 627,630,600 $ 621,612,031 $ 618,621,828 $ 624,569,818 $ 629,482,112 The City does not have any Business-Type activities. Therefore, all governmental activities comprise the primary government of the City of Laguna Niguel. (99)