.

State of the City: No Debt and a $43M Reserve Fund

Mayor Paul Glaab addressed local elected officials in the annual state of the city address Thursday.

Before an audience of local elected officials and business leaders, Mayor Paul Glaab delivered the annual state of the city address at a breakfast Thursday hosted by the . 

He highlighted the city’s accomplishments for last year, including the completion of the new , and outlined plans for the future.

“The city of Laguna Niguel remains financially strong. We have no debt and have accumulated a $43 million reserve fund for economic uncertainty and capital asset replacement” said Glaab.

He talked about economic development and the new , public safety, parks and recreation, and public works projects currently under way in the city, including the .

A video presentation of the address will be available soon on the city’s website.

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »