CITY OF LAGUNA NIGUEL STATEMENT OF NET POSITION JUNE 30, 2024 Total Governmental Activities ASSETS Current Assets: Cash and Investments $ 66,163,563 Restricted Cash and Investments 2,179,843 Receivables: Accounts 499,096 Taxes 2,836,073 Interest 408,375 Prepaid Items 171,978 Deposits 19,644 Due from Other Governments 1,562,170 Lease Receivable 298,305 Total Current Assets 74,139,047 Noncurrent Assets: Lease Receivable 2,150,938 Capital Assets, Not Being Depreciated 277,895,464 Capital Assets, Being Depreciated, Net 295,748,629 Total Noncurrent Assets 575,795,031 Total Assets 649,934,078 DEFERRED OUTFLOWS OF RESOURCES Pension Related Deferred Outflows of Resources 6,596,397 OPEB Related Deferred Outflows of Resources 331,378 Total Deferred Outflows Of Resources 6,927,775 LIABILITIES Current Liabilities: Accounts Payable 7,655,526 Accrued Liabilities 353,748 Deposits Payable 1,916,440 Unearned Revenue 1,039,289 Retention Payable 165,108 Subscription Payable, Due Within One Year 122,898 Leases Payable, Due Within One Year 86,222 Compensated Absences, Due Within One Year 498,524 Other Postemployment Benefits Liabilities, Due Within One Year 66,326 Total Current Liabilities 11,904,081 Noncurrent Liabilities: Subscription Payable, Due in More Than One Year 44,190 Leases Payable, Due in More Than One Year 98,077 Compensated Absences, Due in More Than One Year 148,916 Net Pension Liabilities 7,365,509 Other Postemployment Benefits Liabilities, Due in More Than One Year 1,858,049 Total Noncurrent Liabilities 9,514,741 Total Liabilities 21,418,822 DEFERRED INFLOWS OF RESOURCES Lease Related Deferred Inflows of Resources 2,288,129 Pension Related Deferred Inflows of Resources 2,716,404 OPEB Related Deferred Inflows of Resources 956,386 Total Deferred Inflows of Resources 5,960,919 NET POSITION Net Investment in Capital Assets 570,027,950 Restricted for: Pension 2,179,843 Public Safety 89,845 Community Development 842,166 Public Works 11,667,794 Unrestricted 44,674,514 Total Net Position $ 629,482,112 See accompanying Notes to Basic Financial Statements. (19)