City of Laguna Niguel General Fund Five‐Year Projection Prepared in conjuction with the Fiscal Year 2024‐2025 Budge t 2024‐2025 2025‐2026 2026‐2027 2027‐2028 2028‐2029 Proposed Projection Projection Projection Projection REVENUE SUMMARY 14,950,000 15,249,000 15,630,225 16,020,981 16,421,505 SALES TAXES 28,843,960 29,709,279 30,600,557 31,518,574 32,464,131 PROPERTY TAXES 660,000 673,200 686,664 700,397 714,405 OTHER TAXES 2,550,000 2,588,250 2,627,074 2,666,480 2,706,477 FRANCHISE FEES 1,550,000 1,565,500 1,581,155 1,596,967 1,612,936 INTEREST INCOME 505,000 515,100 525,402 535,910 546,628 FINES & FORFEITURES 3,809,282 3,847,375 3,885,849 3,924,707 3,963,954 C.D.D. REVENUE 582,475 591,212 600,080 609,082 618,218 PUBLIC WORKS REVENUE 1,353,950 1,381,029 1,408,650 1,436,823 1,465,559 PARKS & RECREATION REVENUE 459,670 464,267 468,909 473,598 478,334 MISCELLANEOUS REVENUE 55,264,337 56,584,211 58,014,565 59,483,518 60,992,148 TOTAL REVENUE EXPENDITURE SUMMARY 352,072 359,113 366,296 373,622 381,094 L CITY COUNCI 1,705,381 1,739,489 1,774,278 1,809,764 1,845,959 ADMINISTRATION 531,940 542,579 553,430 564,499 575,789 CITY CLERK 450,000 459,000 468,180 477,544 487,094 CITY ATTORNEY 1,219,596 1,243,988 1,268,868 1,294,245 1,320,130 FINANCE 3,203,954 3,268,033 3,333,394 3,400,062 3,468,063 NON‐DEPARTMENTAL & I.T. 18,616,745 19,361,415 20,135,871 20,941,306 21,778,958 PUBLIC SAFETY 5,295,276 5,401,182 5,509,205 5,619,389 5,731,777 COMMUNITY DEVELOPMENT 16,283,279 16,608,945 16,941,123 17,279,946 17,625,545 PUBLIC WORKS 5,148,056 5,251,017 5,356,037 5,463,158 5,572,421 PARKS & RECREATION 52,806,299 54,234,760 55,706,683 57,223,534 58,786,831 TOTAL EXPENDITURES 1,341,038 2,006,000 1,922,000 1,900,000 1,850,000 TRANSFERS OUT 54,147,337 56,240,760 57,628,683 59,123,534 60,636,831 T TOTAL EXPENDITURES & TRANSFERS OU 1,117,000 343,452 359,983 355,317 REVENUE OVER/(UNDER) EXPENDITURES 385,881 BEGINNING FUND BALANCE 50105441 47249892.57 47995757.29 49,905,441 47,635,774 RESERVES USED FOR LA PAZ ROAD (917,000) (3,199,000) ‐ ‐ ‐ 50,105,441 47,249,893 47,995,757 48,351,074 ENDING FUND BALANCE 47,635,774 SUMMARY OF EXPENDITURES BY FUNCTION SALARIES & BENEFITS 11,990,006 12,349,706 12,689,323 13,038,279 13,299,045 MATERIALS, SUPPLIES, & SERVICES 40,816,293 41,885,054 43,017,360 44,185,255 45,487,786 TRANSFERS OUT 1,341,038 2,006,000 1,922,000 1,900,000 1,850,000 TOTALS 54,147,337 56,240,760 57,628,683 59,123,534 60,636,831 151