MONTEREY PENINSULA WATER MANAGEMENT DISTRICT
INVESTMENT REPORT AS OF MARCH 31, 2006
WASTEWATER RECLAMATION PROJECT FUNDS
Fund	Issuing Institution	Purchase	Maturity				Annual Rate	Portfolio
Description	Security Description	Date	Date	Cost Basis	Par Value	Market Value	of Return	Distribution
	Wachovia Securities							56.58%
O&M Reserve	Sonoma Cnty CA Ctfs Partn	10/01/03	11/15/17	$25,000	$25,000	$24,366	4.10%
	Soquel CA School Dist	03/31/04	08/01/17	20,888	20,000	19,666	4.06%
	CA ST Univ Rev	01/22/03	11/01/11	49,994	50,000	48,946	3.37%
	Corona Ca Red Agy	08/05/04	09/01/17	51,035	50,000	50,009	4.24%
	San Jose Ca Red Agy	06/03/02	08/01/10	21,726	20,000	21,039	4.75%
	Abag Fin Auth CA non profit corp	06/03/02	04/01/12	51,603	50,000	51,251	4.48%
	Lancaster CA Hsng Auth	06/04/02	04/01/14	20,592	20,000	20,535	4.67%
	Jefferson CA School Dist	02/05/04	07/15/19	40,018	40,000	38,793	4.12%
	Money Market Fund	03/31/06	04/01/06	37,323	37,323	37,323	2.50%
R&R Reserve	Federal Home Loan Mortgage	04/19/02	10/15/12	15,038	15,000	14,241	4.73%
	Federal Home Loan Bank	09/14/04	11/26/10	80,904	80,000	75,908	4.23%
	Federal Home Loan Bank	08/26/05	02/03/11	30,100	30,000	29,045	4.75%
	Government National Mortgage Assn.	07/30/04	07/20/34	25,236	25,000	9,745	5.73%
	General Elec. Cap. Corp.	04/01/04	10/15/14	10,000	10,000	9,115	4.66%
	General Motors Accept Corp	12/03/01	08/15/06	24,558	25,000	24,820	5.53%
	Oceanside CA Ctfs Partn	10/03/03	08/01/08	65,774	60,000	60,641	3.95%
	Money Market Fund	03/31/06	04/01/06	20,091	20,091	20,091	2.50%
				$589,880	$577,414	$555,534	4.16%
	US Bank Corp Trust Services							8.34%
Trustee Held Funds	Acquisition Fund	03/31/06	04/01/06	$16	$16	$16	6.37%
	Certificate Payment Fund	03/31/06	04/01/06	2,242	2,242	2,242	4.10%
	Interest Fund	03/31/06	04/01/06	79,606	79,606	79,606	4.09%
	Rebate Fund	03/31/06	04/01/06	17	17	17	5.96%
				$81,881	$81,881	$81,881	4.09%
	Bank of America							35.08%
Cash	Money Market Fund	03/31/06	04/01/06	344,358	344,358	$344,358	3.05%
TOTAL RECLAMATION				$1,016,119	$1,003,653	$981,773	3.78%
These investments include sufficient liquid funds to meet anticipated expenditures
for the next six months as reflected in the annual budget revised February 23, 2006