CITY OF LAGUNA NIGUEL STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES GOVERNMENTAL FUNDS YEAR ENDED JUNE 30, 2024 Miscellaneous Nonmajor Total Grants Special City Capital Governmental Governmental General Revenue Projects Funds Funds REVENUES Taxes $ 45,960,196 $ - $ - $ - $ 45,960,196 Licenses and Permits 4,554,662 - - - 4,554,662 Intergovernmental 229,338 3,137,885 6,261,- 149 9,628,372 Charges for Services 1,331,604 - - - 1,331,604 Fines and Forfeitures 275,907 - - - 275,907 Use of Money and Property (Loss) 2,462,778 - - 333,568 2,796,346 Leases 467,970 - - - 467,970 Miscellaneous 378,161 - - - 378,161 6,594,717 65,393,218 Total Revenues 55,660,616 3,137,885 - EXPENDITURES Current: General Government 6,599,799 - - - 6,599,799 Public Safety 17,643,906 - - 150,000 17,793,906 Community Development 4,473,842 366,206 - 89,037 4,929,085 Parks and Recreation 4,186,111 - - 80,861 4,266,972 Public Works 15,453,835 - - 1,383,160 16,836,995 10,690,432 Capital Outlay 856,064 9,369 9,824,999 - Total Expenditures 49,213,557 375,575 9,824,999 1,703,058 61,117,189 EXC ESS (DEFICIENCY) OF REVENUES OVER (UNDER) EXPENDITURES 6,447,059 2,762,310 (9,824,999) 4,891,659 4,276,029 OTHER FINANCING SOURCES (USES) Transfers In - - 11,661,147 - 11,661,147 Transfers Out (3,625,099) (2,790,751) - (5,245,297) (11,661,147) Issuance of Subscription Payable 167,088 - - - 167,088 Total Other Financing Sources (Uses) (3,458,011) (2,790,751) 11,661,147 (5,245,297) 167,088 NET CHANGES IN FUND BALANCES 2,989,048 (28,441) 1,836,148 (353,638) 4,443,117 Fund Balances (Deficit) - Beginning of Year 50,319,658 (286,711) 395,962 6,770,386 57,199,295 FUND BALANCES (DEFICIT) - END OF YEAR $ 53,308,706 $ (315,152) $ 2,232,110 $ 6,416,748 $ 61,642,412 See accompanying Notes to Basic Financial Statements. (28)