City of Laguna Niguel General Fund Summary For Fiscal Year 2024‐2025 2021‐2022 2022‐2023 2023‐2024 2024‐2025 Actual Actual Budget Adopted REVENUE SUMMARY 14,518,028 14,818,183 15,026,000 14,950,000 SALES TAXES 25,292,654 27,072,457 27,299,000 28,843,960 PROPERTY TAXES 1,161,039 670,076 645,000 660,000 OTHER TAXES 2,272,908 2,450,328 2,475,000 2,550,000 FRANCHISE FEES (1,972,354) 1,340,983 1,730,000 1,550,000 INTEREST INCOME 601,684 400,866 495,000 505,000 FINES & FORFEITURES 4,192,835 4,104,462 6,290,175 3,809,282 COMM. DEV. REVENUE 412,097 436,322 349,784 582,475 PUBLIC WORKS REVENUE 1,094,425 1,211,848 1,222,051 1,353,950 PARKS & RECREATION REVENUE 466,835 931,801 175,170 459,670 MISCELLANEOUS REVENUE 48,040,151 53,437,326 55,707,180 55,264,337 TOTAL REVENUE 278,326 38,705 ‐ ‐ TRANSFERS IN 48,318,477 53,437,326 55,745,885 55,264,337 TOTAL REVENUES & TRANSFERS IN EXPENDITURE SUMMARY 288,743 411,217 351,969 352,072 CITY COUNCIL 1,245,533 1,382,140 1,493,371 1,705,381 ADMINISTRATION 422,308 452,343 474,929 531,940 CITY CLERK 497,452 547,333 425,000 450,000 CITY ATTORNEY 1,028,649 1,126,453 1,178,541 1,219,596 FINANCE 2,515,553 7,607,841 2,807,651 3,203,954 NON‐DEPARTMENTAL & I.T. 16,060,013 16,606,265 18,546,963 18,616,745 PUBLIC SAFETY 4,643,959 4,062,958 5,867,733 5,295,276 COMMUNITY DEVELOPMENT 14,955,070 14,505,011 16,297,541 16,283,279 PUBLIC WORKS 4,336,283 4,903,323 5,135,919 5,148,056 PARKS & RECREATION 45,993,563 51,604,884 52,579,617 52,806,299 TOTAL EXPENDITURES 181,450 3,341 251,384 1,341,038 TRANSFERS OUT 46,175,013 51,608,225 52,831,001 54,147,337 TOTAL EXPENDITURES & TRANSFERS OUT 2,143,464 1,829,101 2,914,884 1,117,000 REVENUE OVER/(UNDER) EXPENDITURES INFRASTRUCTURE RESERVES COMMITMENT 2,143,464 1,829,101 2,914,884 1,117,000 ‐ ‐ (3,329,101) (917,000) RESERVES DRAW DOWN FOR LA PAZ ROAD NET INCREASE TO RESERVES 2,143,464 1,829,101 (414,217) 200,000 46,347,093 48,490,557 50,319,658 49,905,441 BEGINNING FUND BALANCE 48,490,557 50,319,658 49,905,441 50,105,441 ENDING FUND BALANCE SUMMARY OF EXPENSES BY FUNCTION SALARIES & BENEFITS 10,223,376 16,003,353 11,776,422 12,416,711 MATERIALS, SUPPLIES, & SERVICES 35,770,187 35,601,531 40,803,195 40,389,588 TRANSFERS OUT 181,450 3,341 251,384 1,341,038 TOTALS 46,175,013 51,608,225 52,831,001 54,147,337 13