CITY OF LAGUNA NIGUEL STATEMENT OF ACTIVITIES YEAR ENDED JUNE 30, 2024 Net Revenues (Expenses) and Changes in Program Revenues Net Position Operating Capital Charges for Contributions Contributions Governmental Functions/Programs Expenses Services and Grants and Grants Activities PRIMARY GOVERNMENT Governmental Activities: General Government $ 7,658,664 $ 7 75 $ 33,058 $ - $ (7,624,831) Public Safety 17,891,745 267,507 273,669 - (17,350,569) Community Development 5,410,120 4,192,344 777,638 274,740 (165,398) Parks and Recreation 6,892,680 1,331,529 109,701 - (5,451,450) ublic Works 22,934,310 370,717 1,962,866 6,212,388 (14,388,339) P Interest Expense 18,251 - - - (18,251) Total Governmental Activities $ 60,805,770 $ 6,162,872 $ 3,156,932 $ 6,487,128 (44,998,838) GENERAL REVENUES Taxes: Property Taxes, Levied for General Purpose $ 28,371,584 Sales Taxes 14,209,464 Franchise Taxes 2,657,013 Other Taxes 722,135 Total Taxes 45,960,196 Motor Vehicle in Lieu - Unrestricted 79,921 Use of Money and Property 2,854,024 Other 1,016,991 Total General Revenues 49,911,132 CHANGES IN NET POSITION 4,912,294 Net Position - Beginning of Year 624,569,818 NET POSITION - END OF YEAR $ 629,482,112 See accompanying Notes to Basic Financial Statements. (21)