Laguna Niguel Officials To Review Mid-Year Budget

LAGUNA NIGUEL, CA — The Laguna Niguel City Council is poised to make several budget adjustments for the 2021-22 fiscal year during its Tuesday meeting.

The adjustments are necessary to tweak any numbers that have varied since city officials adopted the current budget in June 2021, according to a city staff report. The adopted budget saw $45.4 million in revenue for the city's General Fund, $44.3 million in expenditures and $1.1 million in surplus funds.

"Overall, the [fiscal year 2021-22] revenues and expenditures are tracking as projected," the staff report said. "However, a few adjustments are being recommended, as property tax revenues are trending higher and planning revenues and expenditures need to be modified to account for increased development activity."

Some of the adjustments include raising the property tax revenue projections to $360,106 and planning revenue to $178,600, according to the staff report.

City officials are also set to approve several expenditures, including:

• $178,600 for planning
• $150,000 for the La Paz Road Earth Movement Evaluation
• $600,000 to upgrade the audio-visual equipment at City Hall
• $750,000 for the Crown Valley Westbound Widening 1-5 to Oso Creek Project
• $78,113 to purchase two police motorcycles

The City Council will meet Tuesday at 7 p.m. City Hall is at 30111 Crown Valley Parkway.