| MONTEREY PENINSULA WATER MANAGEMENT DISTRICT | ||||||||
| INVESTMENT REPORT AS OF DECEMBER 31, 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 | 47.46% | |||||||
| O&M Reserve | Sonoma Cnty CA Ctfs Partn | 10/01/03 | 11/15/17 | $25,000 | $25,000 | $24,697 | 3.98% | |
| Soquel CA School Dist | 03/31/04 | 08/01/17 | 20,888 | 20,000 | 19,944 | 4.01% | ||
| CA ST Univ Rev | 01/22/03 | 11/01/11 | 49,994 | 50,000 | 49,423 | 3.33% | ||
| Corona Ca Red Agy | 08/05/04 | 09/01/17 | 51,035 | 50,000 | 50,613 | 4.19% | ||
| San Jose Ca Red Agy | 06/03/02 | 08/01/10 | 21,726 | 20,000 | 21,284 | 4.69% | ||
| Abag Fin Auth CA non profit corp | 06/03/02 | 04/01/12 | 51,603 | 50,000 | 51,909 | 4.43% | ||
| Lancaster CA Hsng Auth | 06/04/02 | 04/01/14 | 20,592 | 20,000 | 20,605 | 4.65% | ||
| Jefferson CA School Dist | 02/05/04 | 07/15/19 | 40,018 | 40,000 | 39,139 | 4.08% | ||
| Money Market Fund | 12/31/05 | 01/01/06 | 34,341 | 34,341 | 34,341 | 2.50% | ||
| R&R Reserve | Federal Home Loan Mortgage | 04/19/02 | 10/15/12 | 15,038 | 15,000 | 14,451 | 4.67% | |
| Federal Home Loan Bank | 09/14/04 | 11/26/10 | 80,904 | 80,000 | 76,799 | 4.18% | ||
| Federal Home Loan Bank | 08/26/05 | 02/03/11 | 30,100 | 30,000 | 29,288 | 4.71% | ||
| Government National Mortgage Assn. | 07/30/04 | 07/20/34 | 25,236 | 25,000 | 12,237 | 5.68% | ||
| General Elec. Cap. Corp. | 04/01/04 | 10/15/14 | 10,000 | 10,000 | 9,369 | 4.53% | ||
| General Motors Accept Corp | 12/03/01 | 08/15/06 | 24,558 | 25,000 | 24,301 | 5.65% | ||
| Oceanside CA Ctfs Partn | 10/03/03 | 08/01/08 | 65,774 | 60,000 | 61,096 | 3.92% | ||
| Money Market Fund | 12/31/05 | 01/01/06 | 15,103 | 15,103 | 15,103 | 2.50% | ||
| $581,910 | $569,444 | $554,599 | 4.15% | |||||
| US Bank Corp Trust Services | 0.20% | |||||||
| Trustee Held Funds | Acquisition Fund | 12/31/05 | 01/01/06 | $16 | $16 | $16 | 6.44% | |
| Certificate Payment Fund | 12/31/05 | 01/01/06 | 2,222 | 2,222 | 2,222 | 3.42% | ||
| Interest Fund | 12/31/05 | 01/01/06 | 74 | 74 | 74 | 4.04% | ||
| Rebate Fund | 12/31/05 | 01/01/06 | 16 | 16 | 16 | 5.96% | ||
| $2,328 | $2,328 | $2,328 | 3.48% | |||||
| Bank of America | 52.34% | |||||||
| Cash | Money Market Fund | 12/31/05 | 01/01/06 | 611,629 | 611,629 | $611,629 | 2.35% | |
| TOTAL RECLAMATION | $1,195,867 | $1,183,401 | $1,168,556 | 3.23% | ||||
| These investments include sufficient liquid funds to meet anticipated expenditures | ||||||||
| for the next six months as reflected in the annual budget adopted June 20, 2005 | ||||||||