EXHIBIT 25-B

MONTHLY ENTITLEMENT REPORT

Reported in Acre-Feet

January 31, 2006

Jurisdiction	Entitlement/and Water Use Permits	Changes this Month	Total Demand from Water Permits Issued	Remaining Entitlement/and Water Use Permits Available
Quail Meadows	33.000	0.689	28.670	4.330
Pebble Beach Co.[1]	315.320	0.550	10.349	309.821
Del Monte Forest Benefited Properties[2] (Pursuant to Ord No. 109)	49.680	0.042	5.841	43.839
Macomber Estates	10.000	0.000	9.595	0.405
Griffin Trust	5.000	0.000	4.313	0.687
Water West	12.760	0.000	4.049	8.711

U:\staff\word\boardpacket\2006\2006boardpackets\20060223\InfoItems\25\item25_exh25b.doc

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[1] Reductions in the Pebble Beach Entitlement may result in increases in the Del Monte Forest Benefited Properties Entitlement.

[2] This row shows changes resulting from Water Use Permits and Water Permits issued to properties located in Pebble Beach, pursuant to Rule 23.5, as amended by Ordinance No. 109.