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City of Laguna Niguel
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Municipality & ACFR Details
Type
Municipality-General Purpose Government
State
California
County
Orange County
FY Period
FY 2024
MuniScore
Score not available
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Log inFinancial Summary
City of Laguna Niguel closed FY2024 with a net position of $53.3M, indicating a solid financial foundation. With $62.2M in assets and $6.3M in liabilities, the municipality shows excellent fiscal standing and an assets-to-liabilities ratio of 9.91. Revenues totaling $55.7M surpassed expenditures of $49.2M, generating a $3.0M surplus. A 5.4% margin indicates sustainable fiscal operations. All metrics are calculated using General Fund data.