City of Laguna Niguel Capital Improvement Project Details For Fiscal Years 2024-25 through 2028-29 PROJECT NAME: Traffic Signal Equipment Upgrades Program DESCRIPTION: This program is intended to address the City's aging traffic signal infrastructure. There are 78 traffic signals maintained by the City. The existing equipment is generally over 30 years old and requires routine replacements. Replacements may include signal communication, controllers, battery backups, and other components. Completion of this project supports City Council Goal 4 (Infrastructure and Technology)oftheStrategicPlanImplementationActionPlan. ESTIMATED COST: $ 750,000 GL Account: 300-70-6130-7025-04 FUNDING: FISCAL YEAR AMOUNT SOURCE FY 24-25 $ 150, 000 Gas Tax FY 25-26 $ 150, 000 Gas Tax FY 26-27 $ 150, 000 Gas Tax FY 27-28 $ 150, 000 Gas Tax FY 28-29 $ 150, 000 Gas Tax TOTAL $ 750,000 105