EXHIBIT 7-A
MONTEREY PENINSULA WATER MANAGEMENT DISTRICT
INVESTMENT REPORT AS OF DECEMBER 31, 2004
MPWMD
Fund Issuing Institution Purchase Maturity Annual Rate Portfolio
Description Security Description Date Date Cost Basis Par Value Market Value of Return Distribution
                 
 
Liquid Local Agency Investment Fund 12/31/04 01/01/05 $104,254 $104,254 $104,254 2.00% 2.76%
 
       
  Bank of America 16.71%
Cash Money Market 12/31/04 01/01/05 $620,618 $620,618 $620,618 1.38%
Checking 12/31/04 01/01/05 10,130 10,130 10,130 0.00%  
$630,748 $630,748 $630,748 1.36%  
       
  Wells Capital Management 80.53%
  Federal Home Loan Bank 10/27/04 08/15/05 $101,483 $100,000 $100,281 2.78%  
Federal Home Loan Bank 12/02/04 03/15/06 149,929 150,000 149,016 2.96%  
Federal Home Loan Bank 12/15/03 01/14/05 257,280 250,000 250,078 1.40%  
Federal Home Loan Bank 04/27/04 04/15/05 300,051 300,000 299,250 1.61%  
Federal Home Loan Bank 06/17/04 03/15/05 249,982 250,000 249,973 2.41%  
Federal Home Loan Bank 04/02/04 08/26/05 249,983 250,000 247,970 1.50%
Federal Natl Mtg Assn 05/17/04 02/15/05 519,810 500,000 502,655 1.74%
  Federal Farm Credit Bank 12/01/04 11/18/05 145,996 150,000 146,205 2.82%  
Federal Home Ln Mtg Corp 11/16/04 05/10/05 395,294 400,000 396,440 2.48%  
Federal Natl Mtg Assn 12/15/04 06/01/05 345,851 350,000 346,220 2.61%
Federal Natl Mtg Assn 12/15/04 04/08/05 297,692 300,000 298,080 2.48%
                 
V. Liquid Assets Secured Money Market 12/31/04 01/01/05 52,981 52,981 52,981 1.38%  
$3,066,332 $3,052,981 $3,039,149 2.14%  
 
       
investrpt1qtr0405
TOTAL MPWMD $3,801,334 $3,787,983 $3,774,151 2.01% 11/8/2004