| MONTEREY PENINSULA WATER MANAGEMENT DISTRICT | ||||||||
| INVESTMENT REPORT AS OF JUNE 30, 2005 | ||||||||
| WASTEWATER RECLAMATION PROJECT | ||||||||
| Fund | Issuing Institution | Purchase | Maturity | Annual Rate | Portfolio | |||
| Description | Security Description | Date | Date | Cost Basis | Par Value | Market Value | of Return | Distribution |
| Wachovia Securities | 74.89% | |||||||
| O&M Reserve | Sonoma Cnty CA Ctfs Partn | 10/01/03 | 11/15/17 | $25,000 | $25,000 | $25,110 | 3.98% | |
| Soquel CA School Dist | 03/31/04 | 08/01/17 | 20,888 | 20,000 | 20,274 | 3.94% | ||
| CA ST Univ Rev | 01/22/03 | 11/01/11 | 49,994 | 50,000 | 50,550 | 3.26% | ||
| Corona Ca Red Agy | 08/05/04 | 09/01/17 | 51,035 | 50,000 | 51,104 | 4.15% | ||
| San Jose Ca Red Agy | 06/03/02 | 08/01/10 | 21,726 | 20,000 | 21,592 | 4.63% | ||
| Abag Fin Auth CA non profit corp | 06/03/02 | 04/01/12 | 51,603 | 50,000 | 52,895 | 4.34% | ||
| Lancaster CA Hsng Auth | 06/04/02 | 04/01/14 | 20,592 | 20,000 | 20,798 | 4.61% | ||
| Jefferson CA School Dist | 02/05/04 | 07/15/19 | 40,018 | 40,000 | 40,146 | 3.98% | ||
| Money Market Fund | 06/30/05 | 07/01/05 | 28,259 | 28,259 | 28,259 | 1.97% | ||
| R&R Reserve | Federal Home Loan Mortgage | 04/19/02 | 10/15/12 | 15,038 | 15,000 | 14,784 | 4.56% | |
| Federal Home Loan Bank | 09/14/04 | 11/26/10 | 80,904 | 80,000 | 78,326 | 4.10% | ||
| Government National Mortgage Assn. | 07/30/04 | 07/20/34 | 25,236 | 25,000 | 22,706 | 5.50% | ||
| General Elec. Cap. Corp. | 04/01/04 | 10/15/14 | 10,000 | 10,000 | 9,626 | 4.41% | ||
| General Motors Accept Corp | 12/03/01 | 08/15/06 | 24,558 | 25,000 | 24,896 | 5.52% | ||
| Oceanside CA Ctfs Partn | 10/03/03 | 08/01/08 | 65,774 | 60,000 | 62,011 | 3.87% | ||
| Money Market Fund | 06/30/05 | 07/01/05 | 25,103 | 25,103 | 25,103 | 1.97% | ||
| $555,728 | $543,362 | $548,180 | 3.98% | |||||
| US Bank Corp Trust Services | 0.31% | |||||||
| Trustee Held Funds | Acquisition Fund | 06/30/05 | 07/01/05 | $15 | $15 | $15 | 0.00% | |
| Certificate Payment Fund | 06/30/05 | 07/01/05 | 2,190 | 2,190 | 2,190 | 2.56% | ||
| Interest Fund | 06/30/05 | 07/01/05 | 67 | 67 | 67 | 2.98% | ||
| Rebate Fund | 06/30/05 | 07/01/05 | 17 | 17 | 17 | 0.00% | ||
| $2,289 | $2,289 | $2,289 | 2.54% | |||||
| Bank of America | 24.80% | |||||||
| Cash | Money Market Fund | 06/30/05 | 07/01/05 | 181,491 | 181,491 | $181,491 | 1.80% | |
| TOTAL RECLAMATION | $739,508 | $727,142 | $731,960 | 3.44% | ||||
| These investments include sufficient liquid funds to meet anticipated expenditures | ||||||||
| for the next six months as reflected in the annual budget adopted June 21, 2004 | ||||||||
| and revised February 24, 2005 | ||||||||