City of Laguna Niguel Popular Annual Financial Report | Year Ended June 30, 2024 CAPITAL IMPROVEMENT PROGRAM The City of Laguna Niguel invested $9.8 million in Fiscal Year 2023-24 towards maintaining and improving the City’s infrastructure, as identified in the Strategic Plan. It is critical that the City continues to provide appropriately designed and well-maintained infrastructure and amenities. A variety of funding sources support the capital plan, including funds such as Measure M2, AQMD, Gas Tax, CDBG, other grants, the General Fund, and the City’s infrastructure reserves. NOTABLE COMPLETED CAPITAL IMPROVEMENT PROJECTS ACTIVE TRANSPORTATION STUDY & MARINA HILLS PARK LA PAZ ROAD LONG-TERM PHASE II PLAN BICYCLE GREEN ZONE PILOT PROJECT IMPROVEMENTS PROJECT CAPITAL IMPROVEMENT PROGRAM FUNDING SOURCES OTHER FISCAL YEAR CDBG FUND 3% FUNDING SOURCES 3% 2023-24 CDBG FUND $274,740 MEASURE M2 MEASURE M2 $2,234,899 AMERICAN 23% RESCUE PLAN ACT GAS TAX $2,560,490 25% AQMD FUND $175,168 GENERAL FUND $1,788,948 GENERAL AMERICAN RESCUE PLAN ACT $2,475,599 GAS TAX FUND 26% 18% OTHER GRANTS $315,153 AQMD FUND TOTAL $9,824,997 2% cityoflagunaniguel.org 13