MONTEREY PENINSULA WATER MANAGEMENT DISTRICT
INVESTMENT REPORT AS OF DECEMBER 31, 2004
 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     42.72%
 
O&M Reserve Sonoma Cnty CA Ctfs Partn 10/01/03 11/15/17 $25,000 $25,000 $25,033 3.99%  
Soquel CA School Dist 03/31/04 08/01/17 20,888 20,000 20,174 3.96%  
CA ST Univ Rev 01/22/03 11/01/11 49,994 50,000 50,752 3.25%  
Corona Ca Red Agy 08/05/04 09/01/17 51,035 50,000 51,113 4.15%  
CA Hsg Fin Agy Rev 11/28/01 08/01/10 10,356 10,000 10,604 4.33%  
San Jose Ca Red Agy 06/03/02 08/01/10 21,726 20,000 21,847 4.57%  
Abag Fin Auth CA non profit corp 06/03/02 04/01/12 51,603 50,000 52,902 4.34%   
Lancaster CA Hsng Auth 06/04/02 04/01/14 20,592 20,000 20,987 4.57%  
Jefferson CA School Dist 02/05/04 07/15/19 40,018 40,000 39,825 4.01%  
Money Market Fund 12/31/04 01/01/05 11,106 11,106 11,106 1.14%
               
R&R Reserve Federal Home Loan Mortgage 04/19/02 10/15/12 15,038 15,000 14,641 4.61%  
Federal Home Loan Bank 09/14/04 11/26/10 80,904 80,000 78,113 4.11%  
Government National Mortgage Assn. 07/30/04 07/20/34 25,236 25,000 23,708 5.62%
General Elec. Cap. Corp. 04/01/04 10/15/14 10,000 10,000 9,663 4.39%  
General Motors Accept Corp 12/03/01 08/15/06 24,558 25,000 25,090 5.41%
Oceanside CA Ctfs Partn 10/03/03 08/01/08 65,774 60,000 63,340 3.78%
Money Market Fund 12/31/04 01/01/05 18,685 18,685 18,685 1.14%  
$542,513 $529,791 $537,583 4.02%  
 
       
  US Bank Corp Trust Services 0.01%
Trustee Held Funds Acquisition Fund 12/31/04 01/01/05 $8 $8 $8 0.00%  
Certificate Payment Fund 12/31/04 01/01/05 2,170 2,170 0 1.24%  
Interest Fund 12/31/04 01/01/05 58 58 58 1.73%  
Rebate Fund 12/31/04 01/01/05 16 16 16 0.00%  
$2,252 $2,252 $82 1.24%  
         
  Bank of America 57.28%
Cash Money Market Fund 12/31/04 01/01/05 $720,837 $720,837 $720,837 1.41%  
 
       
TOTAL RECLAMATION $1,265,602 $1,252,880 $1,258,502 2.53%
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 u/staff/word/committees/Admin/2005/20050311/07/item7_exh7a.xls