The City of Laguna Niguel held its 2025 State of the City meeting on September 26, 2025, focusing on the city's financial stewardship and future planning. Mayor Genoa opened the meeting, emphasizing the importance of financial discipline in delivering essential services and community events.

Council Member Stephanie Winstead took the stage to highlight the city's commitment to fiscal responsibility, which she described as crucial for the city's success. She announced the adoption of Laguna Niguel's first biennial budget, covering fiscal years 2025-2026 and 2026-2027. This budget marks a significant milestone in the city's strategic planning, enhancing long-term planning and operational efficiency.

Winstead noted that both years of the budget are operationally balanced, with over 90% of the capital improvement program budget allocated to street improvements. This targeted investment aligns fiscal policy with community needs. She also emphasized that Laguna Niguel operates with zero debt, a policy that distinguishes the city and supports its financial future.

The council member discussed the city's investment strategy, which includes participation in the camp investment pool and investments in 10-year U.S. treasuries. This approach aims to maximize returns while maintaining conservative financial practices. Winstead projected that over the next five years, the city would receive more than $31 million in grant funding, covering approximately 42% of capital improvement costs. This funding will allow the city to undertake high-impact projects with minimal effect on the general fund.

Finally, Winstead highlighted the city's commitment to transparency and accountability in financial management, noting that Laguna Niguel received the prestigious Government Finance Officers Association's Bridal Crown Award for excellence in financial reporting. The meeting concluded with a reaffirmation of the city's dedication to responsible financial management and community investment.