| MONTEREY PENINSULA WATER MANAGEMENT DISTRICT | ||||||||
| INVESTMENT REPORT AS OF MARCH 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 | 42.44% | |||||||
| O&M Reserve | Sonoma Cnty CA Ctfs Partn | 10/01/03 | 11/15/17 | $25,000 | $25,000 | $24,393 | 4.09% | |
| Soquel CA School Dist | 03/31/04 | 08/01/17 | 20,888 | 20,000 | 19,712 | 4.05% | ||
| CA ST Univ Rev | 01/22/03 | 11/01/11 | 49,994 | 50,000 | 49,782 | 3.31% | ||
| Corona Ca Red Agy | 08/05/04 | 09/01/17 | 51,035 | 50,000 | 49,760 | 4.27% | ||
| San Jose Ca Red Agy | 06/03/02 | 08/01/10 | 21,726 | 20,000 | 21,330 | 4.68% | ||
| Abag Fin Auth CA non profit corp | 06/03/02 | 04/01/12 | 51,603 | 50,000 | 51,770 | 4.44% | ||
| Lancaster CA Hsng Auth | 06/04/02 | 04/01/14 | 20,592 | 20,000 | 20,706 | 4.63% | ||
| Jefferson CA School Dist | 02/05/04 | 07/15/19 | 40,018 | 40,000 | 38,810 | 4.12% | ||
| Money Market Fund | 03/31/05 | 04/01/05 | 11,106 | 11,106 | 25,178 | 1.53% | ||
| R&R Reserve | Federal Home Loan Mortgage | 04/19/02 | 10/15/12 | 15,038 | 15,000 | 14,467 | 4.66% | |
| Federal Home Loan Bank | 09/14/04 | 11/26/10 | 80,904 | 80,000 | 76,901 | 4.18% | ||
| Government National Mortgage Assn. | 07/30/04 | 07/20/34 | 25,236 | 25,000 | 22,940 | 5.65% | ||
| General Elec. Cap. Corp. | 04/01/04 | 10/15/14 | 10,000 | 10,000 | 9,292 | 4.57% | ||
| General Motors Accept Corp | 12/03/01 | 08/15/06 | 24,558 | 25,000 | 24,727 | 5.56% | ||
| Oceanside CA Ctfs Partn | 10/03/03 | 08/01/08 | 65,774 | 60,000 | 62,036 | 3.86% | ||
| Money Market Fund | 03/31/05 | 04/01/05 | 18,685 | 18,685 | 21,314 | 1.53% | ||
| $532,157 | $519,791 | $533,118 | 4.12% | |||||
| US Bank Corp Trust Services | 0.18% | |||||||
| Trustee Held Funds | Acquisition Fund | 03/31/05 | 04/01/05 | $15 | $15 | $15 | 0.00% | |
| Certificate Payment Fund | 03/31/05 | 04/01/05 | 2,179 | 2,179 | 2,179 | 1.97% | ||
| Interest Fund | 03/31/05 | 04/01/05 | 58 | 58 | 58 | 1.73% | ||
| Rebate Fund | 03/31/05 | 04/01/05 | 16 | 16 | 16 | 0.00% | ||
| $2,268 | $2,268 | $2,268 | 1.94% | |||||
| Bank of America | 57.38% | |||||||
| Cash | Money Market Fund | 12/31/04 | 01/01/05 | $720,837 | $720,837 | $720,837 | 1.41% | |
| TOTAL RECLAMATION | $1,255,262 | $1,242,896 | $1,256,223 | 2.56% | ||||
| 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 | ||||||||
| and revised February 24, 2005 | ||||||||