CITY OF LAGUNA NIGUEL CHANGES IN NET POSITION LAST TEN FISCAL YEARS (ACCRUAL BASIS OF ACCOUNTING) (UNAUDITED) Fiscal Year 2015 2016 2017 2018 2019 Expenses: General government 4,778,543 5,049,643 4,721,188 5,105,212 5,087,668 Public safety 10,901,896 11,778,228 13,034,018 14,741,788 15,714,696 Community development 3,125,023 3,903,064 3,125,278 3,370,376 3,225,177 Parks and recreation 8,928,487 5,022,013 6,655,833 6,707,133 6,049,242 Public works 11,462,151 15,402,736 23,735,075 22,324,184 19,227,179 Interest expense - - - - 27,437 Total expenses 39,196,100 41,155,684 51,271,392 52,248,693 49,331,399 Program Revenues: Charges for services: General government 10,553 223,747 - - 1,850 Public safety 266,612 297,386 334,475 353,257 456,443 Community development 2,090,366 6,931,625 2,058,550 6,150,591 2,131,215 Parks and recreation 1,051,430 1,087,258 1,162,176 1,204,757 987,371 Public works 16,997 18,389 33,407 16,776 241,672 Operating grants and contributions 2,287,448 2,917,219 2,660,052 3,376,124 4,037,554 Capital grants and contributions 2,895,963 3,903,895 1,387,051 2,126,133 453,036 Total program revenues 8,619,369 15,379,519 7,635,711 13,227,638 8,309,141 Net (expenses)/revenues (30,576,731) (25,776,165) (43,635,681) (39,021,055) (41,022,258) General Revenues: Taxes: Property taxes 18,840,320 19,965,053 20,786,789 21,968,448 22,749,160 Sales taxes 11,453,345 12,244,172 11,448,371 11,223,516 11,831,049 Franchise fees 2,518,177 2,519,116 2,270,993 2,362,138 2,400,540 Other taxes 578,597 642,043 625,562 701,611 542,175 Motor vehicle license fee 27,730 26,160 29,631 35,104 31,381 Use of money and property (loss) 1,078,795 1,372,860 618,864 1,094,790 1,873,121 Other 424,658 476,168 535,249 589,613 611,992 Total general revenues 34,921,622 37,245,572 36,315,459 37,975,220 40,039,418 Changes in net position 4,344,891 11,469,407 (7,320,222) (1,045,835) (982,840) The City does not have any Business-Type activities. Therefore, all governmental activities comprise the primary government of the City of Laguna Niguel. (100)