CITY OF LAGUNA NIGUEL CHANGES IN NET POSITION (CONTINUED) LAST TEN FISCAL YEARS (ACCRUAL BASIS OF ACCOUNTING) (UNAUDITED) Fiscal Year 2020 2021 2022 2023 2024 Expenses: General government 6,128,946 6,163,102 6,588,919 10,894,992 7,658,664 Public safety 16,199,542 16,499,129 16,899,038 17,480,349 17,891,745 Community development 3,652,984 3,812,834 5,081,656 3,629,822 5,410,120 Parks and recreation 7,079,349 5,400,764 12,841,310 7,951,880 6,892,680 Public works 22,205,098 24,756,891 17,077,691 17,368,965 22,934,310 Interest expense 26,770 22,892 23,753 18,383 18,251 Total expenses 55,292,689 56,655,612 58,512,367 57,344,391 60,805,770 Program Revenues: Charges for services: General government 1,675 - 1,500 895 775 Public safety 336,530 295,071 601,684 400,866 267,507 Community development 2,288,391 1,845,081 3,740,831 3,656,316 4,192,344 Parks and recreation 660,087 508,182 970,591 1,205,036 1,331,529 Public works 209,672 200,655 227,387 234,857 370,717 Operating grants and contributions 4,401,389 5,776,718 2,539,129 2,888,410 3,156,932 Capital grants and contributions 273,159 463,305 5,070,885 7,760,533 6,487,128 Total program revenues 8,170,903 9,089,012 13,152,007 16,146,913 15,806,932 (44,998,838) Net (expenses)/revenues (47,121,786) (47,566,600) (45,360,360) (41,197,478) General Revenues: Taxes: Property taxes 23,584,278 24,630,701 25,292,654 27,072,457 28,371,584 Sales taxes 12,229,918 13,135,671 14,518,028 14,818,183 14,209,464 Franchise fees 2,359,348 2,352,241 2,348,798 2,546,264 2,657,013 Other taxes 589,705 851,034 1,085,753 603,923 722,135 Motor vehicle license fee 52,828 47,905 75,286 66,153 79,921 Use of money and property (loss) 1,036,458 12,375 (1,917,952) 1,318,001 2,854,024 Other 882,457 518,104 967,590 720,487 1,016,991 Total general revenues 40,734,992 41,548,031 42,370,157 47,145,468 49,911,132 Changes in net position (6,386,794) (6,018,569) (2,990,203) 5,947,990 4,912,294 The City does not have any Business-Type activities. Therefore, all governmental activities comprise the primary government of the City of Laguna Niguel. (101)