N-Q 1 form-928.htm QUARTERLY SCHEDULE form-928
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION 
Washington, D.C. 20549

FORM N-Q
 
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT 
INVESTMENT COMPANY

Investment Company Act file number 811-3757

DREYFUS PREMIER CALIFORNIA TAX EXEMPT BOND FUND, INC. 
(Exact name of Registrant as specified in charter)

c/o The Dreyfus Corporation 
200 Park Avenue 
New York, New York 10166 
(Address of principal executive offices) (Zip code) 
 
Mark N. Jacobs, Esq. 
200 Park Avenue 
New York, New York 10166 
(Name and address of agent for service) 
 
Registrant's telephone number, including area code: (212) 922-6000 

Date of fiscal year end:    11/30 
Date of reporting period:    08/31/06 

FORM N-Q

Item 1. Schedule of Investments.

STATEMENT OF INVESTMENTS             
Dreyfus Premier California Tax Exempt Bond Fund, Inc.         
August 31, 2006 (Unaudited)                 
 
Long-Term Municipal    Coupon    Maturity    Principal     
Investments--98.2%    Rate (%)    Date    Amount ($)    Value ($) 
California--92.7%                 
ABAG Finance Authority for                 
Nonprofit Corps., MFHR                 
(Central Park Apartments)    5.50    7/1/19    1,010,000    1,039,583 
ABAG Finance Authority for                 
Nonprofit Corps., MFHR                 
(Central Park Apartments)    5.60    7/1/38    5,815,000    5,945,896 
ABAG Finance Authority for                 
Nonprofit Corps., MFHR                 
(Sansum-Santa Barbara                 
Medical Foundation Clinic)    5.50    4/1/21    3,500,000    3,716,195 
Alameda County,                 
COP (Insured; MBIA)    7.11    12/1/13    5,000,000 a,b    5,920,500 
Alameda County,                 
COP (Financing Project)                 
(Insured; MBIA)    6.00    9/1/06    2,560,000 c    2,611,200 
Anaheim Public Finance Authority,                 
Tax Allocation Revenue                 
(Insured; MBIA)    6.45    12/28/18    26,000,000    27,424,540 
Bay Area Toll Authority,                 
San Francisco Bay Area Toll                 
Bridge Revenue    5.00    4/1/25    17,675,000    18,816,451 
Bay Area Toll Authority,                 
San Francisco Bay Area Toll                 
Bridge Revenue    5.00    4/1/26    14,500,000    15,412,775 
California,                 
Economic Recovery Bonds    5.00    7/1/16    13,000,000    13,788,320 
California,                 
GO    5.25    4/1/27    6,475,000    6,923,264 
California,                 
GO    5.25    2/1/30    25,700,000    26,912,012 
California,                 
GO (Various Purpose)    6.13    10/1/11    2,875,000    3,210,800 
California,                 
GO (Various Purpose)    5.50    4/1/28    900,000    987,525 
California,                 
GO (Veterans)    5.05    12/1/36    14,500,000    14,783,475 
California Department of Veteran                 
Affairs, Home Purchase Revenue    5.50    12/1/19    5,015,000    5,277,987 
California Department of Veteran                 
Affairs, Home Purchase Revenue    5.20    12/1/28    10,000,000    10,006,000 
California Department of Water                 
Resources, Power Supply Revenue    5.88    5/1/12    10,000,000 c    11,270,800 
California Department of Water                 
Resources, Water System                 

Revenue (Central Valley                 
Project) (Insured; MBIA)    5.00    12/1/23    10,000,000    10,606,000 
California Department of Water                 
Resources, Water System                 
Revenue (Central Valley                 
Project) (Insured; FGIC)    5.00    12/1/25    11,860,000 d    12,490,952 
California Educational Facilities                 
Authority, Revenue (Pooled                 
College and University                 
Projects)    5.63    7/1/23    1,275,000    1,288,885 
California Health Facilities                 
Financing Authority, Revenue                 
(Cedars-Sinai Medical Center)    6.13    12/1/09    30,695,000 c    33,422,251 
California Health Facilities                 
Financing Authority, Revenue                 
(Cedars-Sinai Medical Center)    6.25    12/1/09    9,460,000 c    10,334,955 
California Health Facilities                 
Financing Authority, Revenue                 
(Sutter Health)    6.25    8/15/35    7,965,000    8,785,554 
California Health Facilities                 
Financing Authority, Revenue                 
(Sutter Health) (Insured; MBIA)    5.35    7/15/09    240,000 c    254,614 
California Health Facilities                 
Financing Authority, Revenue                 
(Sutter Health) (Insured; MBIA)    5.35    8/15/28    3,540,000    3,702,451 
California Housing Finance Agency,                 
MFHR (Insured; AMBAC)    6.15    8/1/22    1,845,000    1,883,819 
California Housing Finance Agency,                 
SFMR    6.30    8/1/24    565,000    571,430 
California Housing Finance Agency,                 
SFMR    6.45    8/1/25    285,000    288,380 
California Housing Finance Agency,                 
SFMR (Collateralized; FHA and                 
Insured; AMBAC)    6.25    8/1/14    210,000    212,337 
California Infrastructure and                 
Economic Development Bank, Bay             
Area Toll Bridges Seismic                 
Retrofit Revenue (Insured;                 
FGIC)    5.00    7/1/25    10,455,000    11,673,426 
California Infrastructure and                 
Economic Development Bank,                 
Revenue (Kaiser Hospital                 
Assistance I-LLC)    5.55    8/1/31    21,900,000    23,187,501 
California Pollution Control                 
Financing Authority, PCR    7.53    6/1/14    5,500,000 a,b    7,059,635 
California Pollution Control                 
Financing Authority, PCR                 
(Insured; MBIA)    7.53    6/1/14    24,165,000 a,b    31,017,469 
California Pollution Control                 
Financing Authority, SWDR                 
(Browning-Ferris Industries of                 
California, Inc. Project)    5.80    12/1/16    2,000,000    1,986,700 

California Pollution Control                 
Financing Authority, SWDR                 
(Browning-Ferris Industries of                 
California, Inc. Project)    6.75    9/1/19    600,000    603,012 
California Pollution Control                 
Financing Authority, SWDR                 
(Keller Canyon Landfill Co.                 
Project)    6.88    11/1/27    1,000,000    1,006,830 
California Public Works Board,                 
LR (Department of Corrections,             
Calipatria State Prison,                 
Imperial County) (Insured;                 
MBIA)    6.50    9/1/17    13,000,000    15,406,690 
California Public Works Board,                 
LR (Department of Health                 
Services, Richmond Laboratory             
Project) (Insured; AMBAC)    5.00    11/1/21    10,910,000    11,666,281 
California Public Works Board,                 
LR (University of California                 
Research Projects) (Insured;                 
MBIA)    5.25    11/1/28    10,005,000    10,824,610 
California Public Works Board,                 
LR (Various University of                 
California Projects)    5.50    6/1/14    5,000,000    5,458,350 
California State University,                 
Fresno Association Inc.,                 
Auxiliary Organization Event                 
Center Revenue    6.00    7/1/12    3,500,000 c    3,961,720 
California State University,                 
Fresno Association Inc.,                 
Auxiliary Organization Event                 
Center Revenue    6.00    7/1/12    2,500,000 c    2,829,800 
California State University,                 
Fresno Association Inc.,                 
Auxiliary Organization Event                 
Center Revenue    6.00    7/1/12    5,250,000 c    5,942,580 
California Statewide Communities                 
Development Authority, COP                 
(Catholic Healthcare West)    6.50    7/1/10    2,780,000 c    3,097,226 
California Statewide Communities                 
Development Authority, COP                 
(Catholic Healthcare West)    6.50    7/1/20    1,220,000    1,339,401 
California Statewide Communities                 
Development Authority, COP                 
(The Internext Group)    5.38    4/1/30    20,000,000    20,290,600 
California Statewide Communities                 
Development Authority, Health             
Facility Revenue (Adventist                 
Health System/West)    5.00    3/1/35    11,880,000    12,196,958 
California Statewide Communities                 
Development Authority, Revenue             
(Daughters of Charity Health                 

System)    5.25    7/1/24    8,205,000    8,627,557 
California Statewide Communities                 
Development Authority, Revenue                 
(Daughters of Charity Health                 
System)    5.25    7/1/35    23,625,000    24,623,392 
California Statewide Communities                 
Development Authority, Revenue                 
(Kaiser Permanente)    5.50    11/1/32    13,500,000    14,164,200 
California Statewide Communities                 
Development Authority, Revenue                 
(Kaiser Permanente)    5.25    3/1/45    15,000,000    15,678,900 
California Statewide Communities                 
Development Authority, Revenue                 
(Sutter Health)    5.50    8/15/28    14,000,000    15,026,900 
California Statewide Communities                 
Development Authority, Revenue                 
(The California Endowment)    5.00    7/1/28    15,360,000    16,096,512 
California Statewide Communities                 
Development Authority, Revenue                 
(The California Endowment)    5.00    7/1/33    16,710,000    17,450,587 
Capistrano Unified School                 
District, Community Facilities                 
District Special Tax Number 98                 
(Ladera)    5.75    9/1/09    5,500,000 c    5,950,615 
Capistrano Unified School                 
District, School Facilities                 
Improvement District Number 1                 
(Insured; FGIC)    6.00    8/1/24    2,075,000    2,268,452 
Castaic Lake Water Agency,                 
COP, Revenue (Water System                 
Improvement Project) (Insured;                 
AMBAC)    0.00    8/1/27    10,000,000    3,862,500 
Central California Joint Powers                 
Health Financing Authority,                 
COP (Community Hospitals of                 
Central California Obligated                 
Group)    6.00    2/1/30    5,000,000    5,239,750 
Central California Joint Powers                 
Health Financing Authority,                 
COP (Community Hospitals of                 
Central California Obligated                 
Group)    5.75    2/1/31    18,500,000    19,351,185 
Chino Valley Unified School                 
District, GO (Insured; MBIA)    5.25    8/1/30    10,000,000    10,816,400 
Chula Vista,                 
IDR (San Diego Gas and                 
Electric Co.)    5.00    12/1/27    3,000,000    3,110,940 
Coast Community College District,                 
GO (Insured; FSA)    0.00    8/1/29    15,565,000    11,655,695 
Contra Costa County Public Finance                 
Authority, Tax Allocation                 
Revenue (Pleasant Hill)    5.45    8/1/28    2,720,000    2,819,253 

Cucamonga County Water District,                 
COP (Insured; FGIC)    5.25    9/1/25    5,555,000    5,920,241 
Delano,                 
COP (Delano Regional Medical                 
Center)    5.25    1/1/18    13,500,000    13,553,460 
Elsinore Valley Municipal Water                 
District, COP (Insured; FGIC)    5.38    7/1/19    3,855,000    4,372,418 
Escondido Reassessment District                 
Number 98-1 (Rancho San                 
Pasqual)    5.70    9/2/26    1,335,000    1,378,855 
Fontana,                 
Special Tax (Insured; MBIA)    5.25    9/1/17    10,000,000    10,487,000 
Fontana Public Financing                 
Authority, Tax Allocation                 
Revenue (North Fontana                 
Redevelopment Project)                 
(Insured; AMBAC)    5.00    10/1/21    5,000,000    5,328,450 
Fontana Public Financing                 
Authority, Tax Allocation                 
Revenue (North Fontana                 
Redevelopment Project)                 
(Insured; AMBAC)    5.50    9/1/32    13,800,000    14,842,866 
Foothill/Eastern Transportation                 
Corridor Agency, Toll Road                 
Revenue    5.75    1/15/40    500,000    519,900 
Fremont Union High School District                 
(Insured; FGIC)    5.25    9/1/10    3,400,000 c    3,623,584 
Fremont Union High School District                 
(Insured; FGIC)    5.25    9/1/10    4,000,000 c    4,263,040 
Fremont Union High School District                 
(Insured; FGIC)    5.25    9/1/10    11,295,000 c    12,037,759 
Fullerton Community Facilities                 
District Number 1, Special Tax                 
Revenue (Amerige Heights)    6.10    9/1/22    1,000,000    1,066,380 
Fullerton Community Facilities                 
District Number 1, Special Tax                 
Revenue (Amerige Heights)    6.20    9/1/32    2,500,000    2,659,050 
Golden State Tobacco                 
Securitization Corp., Enhanced                 
Tobacco Settlement                 
Asset-Backed Bonds    5.50    6/1/13    5,000,000 c    5,528,200 
Golden State Tobacco                 
Securitization Corp., Enhanced                 
Tobacco Settlement                 
Asset-Backed Bonds (Insured;                 
FGIC)    5.00    6/1/35    25,000,000    26,050,250 
Golden State Tobacco                 
Securitization Corp., Tobacco                 
Settlement Asset-Backed Bonds    6.75    6/1/39    14,770,000    16,675,625 
High Desert Memorial Health Care                 
District, Revenue    5.40    10/1/11    2,500,000    2,536,825 
Kaweah Delta Health Care District,                 

Revenue    6.00    8/1/34    9,000,000    9,828,900 
La Quinta Financing Authority,                 
Local Agency Revenue (Insured;             
AMBAC)    5.00    9/1/29    12,400,000    13,003,756 
Long Beach Special Tax Community                 
Facilities District Number 5                 
(Towne Center)    6.88    10/1/25    500,000    511,080 
Los Angeles Unified School                 
District (Insured; MBIA)    5.75    7/1/17    10,135,000    11,831,903 
Madera County,                 
COP (Valley Children's                 
Hospital) (Insured; MBIA)    6.50    3/15/09    3,370,000    3,603,777 
Metropolitan Water District of                 
Southern California, Water                 
Revenue    5.00    7/1/35    10,000,000    10,543,600 
Metropolitan Water District of                 
Southern California,                 
Waterworks GO    5.00    3/1/17    5,500,000    5,976,850 
Metropolitan Water District of                 
Southern California,                 
Waterworks GO    5.00    3/1/18    5,510,000    5,962,757 
Murrieta Unified School District                 
(Insured; FGIC)    0.00    9/1/21    4,950,000    2,561,724 
Natomas Unified School District                 
(Insured; MBIA)    5.95    9/1/21    2,500,000    2,944,025 
New Haven Unified School District                 
(Insured; FSA)    5.75    8/1/19    2,000,000    2,215,460 
Northern California Power Agency,                 
Revenue (Hydroelectric Project                 
Number 1) (Insured; AMBAC)    7.00    1/1/16    670,000 c    835,008 
Northern California Power Agency,                 
Revenue (Hydroelectric Project                 
Number 1) (Insured; AMBAC)    7.50    7/1/21    375,000 c    505,466 
Northern California Power Agency,                 
Revenue (Hydroelectric Project                 
Number 1) (Insured; MBIA)    6.30    7/1/18    26,400,000    32,102,928 
Oakland Unified School District                 
(Insured; FGIC)    5.25    8/1/24    17,275,000    18,543,158 
Orange County Community Facilities                 
District (Landera Ranch)                 
Special Tax Number 1    6.25    8/15/08    1,600,000 c    1,684,448 
Orange County Community Facilities                 
District (Landera Ranch)                 
Special Tax Number 1    6.00    8/15/10    3,000,000 c    3,303,810 
Orange County Community Facilities                 
District (Landera Ranch)                 
Special Tax Number 3    5.60    8/15/28    3,250,000    3,418,415 
Orange County Community Facilities                 
District (Landera Ranch)                 
Special Tax Number 3    5.63    8/15/34    6,000,000    6,248,280 
Orange County Public Financing                 
Authority, LR (Juvenile                 

Justice Center Facility)                 
(Insured; AMBAC)    5.38    6/1/19    6,150,000    6,710,265 
Pomona,                 
COP General Fund Lease                 
Financing (Insured; AMBAC)    5.50    6/1/28    1,000,000    1,105,630 
Pomona Redevelopment Agency, Tax             
Allocation (West Holt Avenue)    5.50    5/1/32    3,000,000    3,235,800 
Rancho Cucamonga Redevelopment                 
Agency (Tax Allocation Rancho                 
Development) (Insured; MBIA)    5.38    9/1/25    7,485,000    7,964,639 
Rancho Mirage Joint Powers                 
Financing Authority, Revenue                 
(Eisenhower Medical Center)    5.63    7/1/29    10,430,000    11,358,270 
Redwood Empire Financing                 
Authority, COP    6.40    12/1/23    2,455,000    2,468,625 
Riverside County,                 
SFMR (Collateralized; GNMA)    7.80    5/1/21    1,250,000    1,714,700 
Sacramento City Financing                 
Authority, Revenue (Insured;                 
AMBAC)    6.78    12/1/13    2,335,000 a,b    2,741,267 
Sacramento City Financing                 
Authority, Revenue (Insured;                 
AMBAC)    6.78    12/1/14    2,570,000 a,b    3,017,154 
Sacramento County,                 
Laguna Creek Ranch/Elliott                 
Ranch Community Facilities                 
District Number 1, Improvement                 
Area Number 1, Special Tax                 
(Laguna Creek Ranch)    5.70    12/1/20    2,970,000    3,015,471 
Sacramento County Housing                 
Authority, MFHR (Cottage                 
Estate Apartments)                 
(Collateralized; FNMA)    6.00    2/1/33    1,000,000    1,050,890 
Sacramento County Sanitation                 
District Financing Authority,                 
Revenue (Sacramento Regional                 
County Sanitation District)                 
(Insured; FGIC)    5.00    12/1/30    10,000,000    10,597,000 
Sacramento Municipal Utility                 
District, Electric Revenue                 
(Insured; MBIA)    5.20    7/1/17    300,000    309,693 
Sacramento Municipal Utility                 
District, Electric Revenue                 
(Insured; MBIA)    6.50    9/1/13    6,930,000    7,840,948 
San Bernardino County,                 
COP (Capital Facilities                 
Project)    6.88    8/1/24    5,000,000    6,534,500 
San Diego County,                 
COP (Burnham Institute for                 
Medical Research)    6.25    9/1/09    3,800,000 c    4,125,090 
San Diego County,                 
COP (Burnham Institute for                 

Medical Research)    5.00    9/1/24    2,265,000    2,328,737 
San Diego County,                 
COP (Burnham Institute for                 
Medical Research)    5.00    9/1/34    5,190,000    5,300,184 
San Diego Unified School District                 
(Insured; FGIC)    0.00    7/1/17    2,325,000    1,482,048 
San Francisco Bay Area Rapid                 
Transit District, Sales Tax                 
Revenue (Insured; MBIA)    5.00    7/1/24    5,000,000    5,309,450 
San Francisco City and County,                 
COP (San Bruno Jail Number 3)                 
(Insured; AMBAC)    5.25    10/1/21    2,985,000    3,123,564 
San Francisco City and County                 
Public Utilities Commission,                 
San Francisco Water Revenue                 
(Insured; FSA)    5.00    11/1/24    10,000,000    10,666,500 
San Joaquin Hills Transportation                 
Corridor Agency, Toll Road                 
Revenue (Insured; MBIA)    0.00    1/15/32    48,295,000    14,712,589 
San Jose Redevelopment Agency, Tax             
Allocation Revenue (Merged Area             
Redevelopment Project)    5.25    8/1/29    1,000,000    1,029,330 
San Jose Unified School District,                 
GO (Insured; FGIC)    5.00    8/1/24    12,580,000    13,436,321 
Sequoia Union High School                 
District, GO (Insured; FSA)    5.00    7/1/24    3,195,000    3,410,950 
South Placer Authority,                 
Wastewater Revenue (Insured;                 
FGIC)    5.25    11/1/10    1,000,000 c    1,077,600 
Southeast Resource Recovery                 
Facility Authority, LR                 
(Insured; AMBAC)    5.25    12/1/16    11,715,000    12,798,989 
Southeast Resource Recovery                 
Facility Authority, LR                 
(Insured; AMBAC)    5.25    12/1/17    4,475,000    4,869,247 
Southeast Resource Recovery                 
Facility Authority, LR                 
(Insured; AMBAC)    5.25    12/1/18    8,085,000    8,797,288 
Stockton,                 
Health Facilities Revenue                 
(Dameron Hospital Association)    5.70    12/1/14    1,000,000    1,036,830 
Tobacco Securitization Authority                 
Northern California, Tobacco                 
Settlement Asset-Backed Bonds                 
(Sacramento County Tobacco                 
Securitization Corp.)    5.38    6/1/38    20,000,000    20,596,000 
Torrance Redevelopment Agency,                 
Tax Allocation Revenue    5.63    9/1/28    500,000    511,840 
Trustees of the California State                 
University, Systemwide Revenue             
(Insured; AMBAC)    5.00    11/1/19    10,000,000    10,761,500 
University of California,                 

General Revenue (Insured; FGIC)    5.00    5/15/23    9,165,000    9,707,843 
University of California,                 
Multi Purpose Revenue                 
(Insured; MBIA)    5.25    9/1/27    31,475,000    32,594,880 
University of California,                 
Revenue (Limited Project)                 
(Insured; FSA)    5.00    5/15/22    14,655,000    15,562,731 
Ventura County Community College                 
District (Insured; MBIA)    5.50    8/1/23    4,250,000    4,656,385 
West Covina Redevelopment Agency,                 
Community Facilities District,                 
Special Tax Revenue (Fashion Plaza)    6.00    9/1/17    6,000,000    6,754,140 
West Covina Redevelopment Agency,                 
Community Facilities District,                 
Special Tax Revenue (Fashion Plaza)    6.00    9/1/22    11,325,000    13,141,870 
Whittier Health Facility,                 
Revenue (Presbyterian                 
Intercommunity Hospital)    5.75    6/1/31    10,090,000    10,792,163 
U.S. Related--5.5%                 
Puerto Rico Highway and                 
Transportation Authority,                 
Highway Revenue (Insured; MBIA)    5.50    7/1/13    4,750,000    5,182,440 
Puerto Rico Highway and                 
Transportation Authority,                 
Transportation Revenue    6.00    7/1/10    2,000,000 c    2,185,140 
Puerto Rico Highway and                 
Transportation Authority,                 
Transportation Revenue                 
(Insured; MBIA)    6.43    7/1/38    1,000,000 a,b    1,055,660 
Puerto Rico Infrastructure                 
Financing Authority, Special                 
Obligation    5.50    10/1/32    10,000,000    10,729,100 
Puerto Rico Infrastructure                 
Financing Authority, Special                 
Tax Revenue    5.50    10/1/40    40,000,000    42,852,000 
Puerto Rico Infrastructure                 
Financing Authority, Special                 
Tax Revenue (Insured; AMBAC)    6.28    7/1/15    1,000,000 a,b    1,057,880 
Virgin Islands Public Finance                 
Authority, Revenue    7.30    10/1/18    3,100,000    3,874,039 
Virgin Islands Public Finance                 
Authority, Revenue, Virgin                 
Islands Matching Fund Loan                 
Notes    6.00    10/1/22    2,000,000    2,087,920 
Total Long-Term Municipal Investments                 
(cost $1,158,365,940)                1,227,922,926 
Short-Term Municipal    Coupon    Maturity    Principal     
Investments--1.5%    Rate (%)    Date    Amount ($)    Value ($) 
California;                 
California Department of Water                 
Resources, Power Supply                 
Revenue (LOC: California State                 

Teachers Retirement and The                 
Bank of New York)    3.42    9/1/06    3,000,000 e    3,000,000 
California Department of Water                 
Resources, Power Supply                 
Revenue (LOC; BNP Paribas)    3.44    9/1/06    5,000,000 e    5,000,000 
California Health Facilities                 
Finance Authority, Revenue                 
(Adventist Health System)                 
(Insured; MBIA and Liquidity                 
Facility; California State                 
Teachers Retirement)    3.40    9/1/06    1,300,000 e    1,300,000 
California Pollution Control                 
Financing Authority, PCR,                 
Refunding (Pacific Gas and                 
Electric Corporation) (LOC;                 
JPMorgan Chase Bank)    3.41    9/1/06    8,000,000 e    8,000,000 
Irvine Assesment District Number                 
89-10 (LOC; Bayerische                 
Hypo-und Vereinsbank AG)    3.33    9/1/06    375,000 e    375,000 
Menlo Park Community Development             
Agency, Tax Allocation Revenue,             
Refunding (Las Pulgas Community             
Development Project) (Insured;             
AMBAC and Liquidity Facility;                 
State Street Bank and Trust                 
Co.)    3.40    9/1/06    1,400,000 e    1,400,000 
Total Short-Term Municipal Investments             
(cost $19,075,000)                19,075,000 
Total Investments (cost $1,177,440,940)        99.7%    1,246,997,926 
Cash and Receivables (Net)            .3%    3,366,261 
Net Assets            100.0%    1,250,364,187 

a    Inverse floater security--the interest rate is subject to change periodically. 
b    Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in 
    transactions exempt from registration, normally to qualified institutional buyers. At August 31, 2006, these securities 
    amounted to $51,869,565 or 4.2% of net assets. 
c    These securities are prerefunded; the date shown represents the prerefunded date. Bonds which are prerefunded are 
    collateralized by U.S. Government securities which are held in escrow and are used to pay principal and interest on the 
    municipal issue and to retire the bonds in full at the earliest refunding date. 
d    Purchased on a delayed delivery basis. 
e    Securities payable on demand. Variable interest rate--subject to periodic change. 

Securities valuation policies and other investment related disclosures are hereby incorporated by reference to the annual and semi- 
annual reports previously filed with the Securities and Exchange Commission on Form N-CSR. 

Summary of Abbreviations         
ACA    American Capital Access    AGC    ACE Guaranty Corporation 
AGIC    Asset Guaranty Insurance Company    AMBAC    American Municipal Bond Assurance Corporation 
ARRN    Adjustable Rate Receipt Notes    BAN    Bond Anticipation Notes 
BIGI    Bond Investors Guaranty Insurance    BPA    Bond Purchase Agreement 
CGIC    Capital Guaranty Insurance Company    CIC    Continental Insurance Company 

CIFG    CDC Ixis Financial Guaranty    CMAC    Capital Market Assurance Corporation 
COP    Certificate of Participation    CP    Commercial Paper 
EDR    Economic Development Revenue    EIR    Environmental Improvement Revenue 
FGIC    Financial Guaranty Insurance Company    FHA    Federal Housing Administration 
FHLB    Federal Home Loan Bank    FHLMC    Federal Home Loan Mortgage Corporation 
FNMA    Federal National Mortgage Association    FSA    Financial Security Assurance 
GAN    Grant Anticipation Notes    GIC    Guaranteed Investment Contract 
GNMA    Government National Mortgage Association    GO    General Obligation 
HR    Hospital Revenue    IDB    Industrial Development Board 
IDC    Industrial Development Corporation    IDR    Industrial Development Revenue 
LOC    Letter of Credit    LOR    Limited Obligation Revenue 
LR    Lease Revenue    MBIA    Municipal Bond Investors Assurance Insurance 
            Corporation 
MFHR    Multi-Family Housing Revenue    MFMR    Multi-Family Mortgage Revenue 
PCR    Pollution Control Revenue    PILOT    Payment-In-Lieu-Of Taxes 
RAC    Revenue Anticipation Certificates    RAN    Revenue Anticipation Notes 
RAW    Revenue Anticipation Warrants    RRR    Resources Recovery Revenue 
SAAN    State Aid Anticipation Notes    SBPA    Standby Bond Purchase Agreement 
SFHR    Single Family Housing Revenue    SFMR    Single Family Mortgage Revenue 
SONYMA    State of New York Mortgage Agency    SWDR    Solid Waste Disposal Revenue 
TAN    Tax Anticipation Notes    TAW    Tax Anticipation Warrants 
TRAN    Tax and Revenue Anticipation Notes    XLCA    XL Capital Assurance 

Item 2. Controls and Procedures.

(a) The Registrant's principal executive and principal financial officers have concluded, based on their evaluation of the Registrant's disclosure controls and procedures as of a date within 90 days of the filing date of this report, that the Registrant's disclosure controls and procedures are reasonably designed to ensure that information required to be disclosed by the Registrant on Form N-Q is recorded, processed, summarized and reported within the required time periods and that information required to be disclosed by the Registrant in the reports that it files or submits on Form N-Q is accumulated and communicated to the Registrant's management, including its principal executive and principal financial officers, as appropriate to allow timely decisions regarding required disclosure.

(b) There were no changes to the Registrant's internal control over financial reporting that occurred during the Registrant's most recently ended fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Registrant's internal control over financial reporting.

Item 3. Exhibits.

(a) Certifications of principal executive and principal financial officers as required by Rule 30a-2(a) under the Investment Company Act of 1940.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

DREYFUS PREMIER CALIFORNIA TAX EXEMPT BOND FUND, INC.

By:    /s/ Stephen E. Canter 
    Stephen E. Canter 
    President 
 
Date:    October 18, 2006 
 
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 
1940, this Report has been signed below by the following persons on behalf of the Registrant and in the 
capacities and on the dates indicated. 
 
By:    /s/ Stephen E. Canter 
    Stephen E. Canter 
    Chief Executive Officer 
 
Date:    October 18, 2006 
 
By:    /s/ James Windels 
    James Windels 
    Chief Financial Officer 
 
Date:    October 18, 2006 
 
EXHIBIT INDEX
 
    (a) Certifications of principal executive and principal financial officers as required by Rule 30a- 
    2(a) under the Investment Company Act of 1940. (EX-99.CERT)