N-Q 1 formnq902.htm FORM N-Q formnq902
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    811-6610 

DREYFUS CALIFORNIA INTERMEDIATE MUNICIPAL BOND FUND 
(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:    3/31 
Date of reporting period:    12/31/04 

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FORM N-Q

Item 1.    Schedule of Investments. 

Dreyfus California Intermediate Municipal Bond Fund     
Statement of Investments         
December 31, 2004 (Unaudited)         
    Principal     
Long-Term Municipal Investments--93.8%    Amount ($)    Value ($) 


 
California--81.3%         
 
ABAG Finance Authority, COP         
(Episcopal Homes Foundation)         
5.25%, 7/1/2010    3,500,000    3,681,405 
 
Alameda Corridor Transportation Authority, Revenue         
5.125%, 10/1/2016 (Insured; MBIA)    2,000,000    2,183,560 
 
Alameda County, COP         
5.375%, 12/1/2012 (Insured; MBIA)    2,000,000    2,259,140 
 
Alameda Unified School District (Alameda County)         
Zero Coupon, 8/1/2018 (Insured; FSA)    2,000,000    1,073,300 
 
Alta Loma School District         
Zero Coupon, 8/1/2015 (Insured; FGIC)    1,000,000    636,340 
 
Burbank, Wastewater Treatment Revenue:         
5%, 6/1/2018 (Insured; AMBAC)    895,000    971,576 
5%, 6/1/2019 (Insured; AMBAC)    945,000    1,020,439 
 
California:         
5%, 2/1/2020    5,000,000    5,305,100 
GO 1.98%, 2/3/2005    3,250,000    3,249,935 
Veterans 5.35%, 12/1/2016    2,000,000    2,117,960 
 
California Department of Water Resources, Revenue:         
(Central Valley Project):         
5%, 12/1/2012 (Insured; FGIC)    1,000,000    1,117,420 
5.50%, 12/1/2015    1,500,000    1,690,875 
Water Systems 5.50%, 12/1/2015 (Insured; FGIC)    2,000,000    2,332,000 
Power Supply 5.125%, 5/1/2019 (Insured; FGIC)    2,000,000    2,163,920 
 
California Economic Recovery:         
5%, 7/1/2008    3,000,000    3,243,570 
5%, 7/1/2015 (Insured; MBIA)    2,000,000    2,217,660 
 
California Educational Facilities Authority, Revenue         
(Stanford University) 5.25%, 12/1/2013    2,250,000    2,580,480 
 
California Health Facilities Financing Authority, Revenue:     
(Downey Community Hospital) 5.625%, 5/15/2008    4,370,000    4,366,373 
(Health Facility - Adventist Health Systems):         
5%, 3/1/2017    870,000    908,045 
5%, 3/1/2018    1,000,000    1,038,160 


(Stanford Hospital and Clinics):         
4%, 11/15/2008    1,000,000    1,042,230 
5%, 11/15/2017    2,000,000    2,113,600 
 
California Housing Finance Agency, Revenue         
(Single Family Mortgage)         
5.95%, 8/1/2014 (Insured; MBIA)    1,265,000    1,303,178 
 
California Infrastructure & Economic Development Bank,         
Revenue:         
(Bay Area Toll Bridges - 1st Lien)         
5.25%, 7/1/2017 (Insured; FSA)    2,000,000    2,213,880 
(Workers Compensation Relief)         
5%, 10/1/2015 (Insured; AMBAC)    2,000,000    2,197,440 
 
California Pollution Control Financing Authority, PCR:         
(Atlantic Richfield Project) 5%, 4/1/2008    2,850,000    3,082,560 
(Southern California Edison Co.) 2%, 3/1/2006    3,500,000    3,464,825 
 
California Public Works Board, LR         
(Department of Mental Health - Coalinga) 5.50%, 6/1/2018    2,500,000    2,790,700 
 
California Statewide Communities Development Authority:         
Apartment Development Revenue         
(Irvine Apartment Communities) 5.05%, 5/15/2008    2,000,000    2,099,340 
COP, Revenue (Huntington Memorial Hospital)         
5.50%, 7/1/2010 (Insured; Connie Lee)    2,000,000    2,132,340 
MFHR (Equity Residential) 5.20%, 6/15/2009    2,000,000    2,138,860 
Multifamily Revenue (Quail Ridge Apartments)         
4.25%, 7/1/2012    1,000,000    1,005,110 
Revenue (California Endowment) 5.25%, 7/1/2020    2,280,000    2,483,490 
 
Carson Redevelopment Agency         
(Area Number 1 - Tax Allocation)         
5.50%, 10/1/2013 (Insured; MBIA)    1,000,000    1,149,970 
 
Central Unified School District, COP         
(Financing Project) 2%, 2/1/2006 (Insured; AMBAC)    1,000,000    997,660 
 
Contra Costa Water Authority,         
Water Treatment Revenue         
5%, 10/1/2016 (Insured; FGIC)    1,000,000    1,081,590 
 
Corona Redevelopment Agency, Tax Allocation         
(Merged Downtown Amended) 5%, 9/1/2016 (Insured; FGIC)    1,000,000    1,089,090 
 
Eastern Municipal Water District, Water & Sewer Revenue,         
COP 5.375%, 7/1/2017 (Insured; FGIC)    2,000,000    2,205,340 
 
El Segundo Unified School District         
5.25%, 9/1/2017 (Insured; FGIC)    1,145,000    1,285,595 


Elsinore Valley Municipal Water District, COP             
5.375%, 7/1/2015 (Insured; FGIC)    1,000,000        1,140,440 
 
Escondido Unified School District             
5.25%, 8/1/2016 (Insured; FSA)    1,795,000        1,989,722 
 
Foothill/Eastern Transportation Corridor Agency,             
Toll Road Revenue:             
0/7.05%, 1/1/2010    2,000,000    a    2,377,580 
5.25%, 1/15/2012 (Insured; MBIA)    4,550,000        5,037,988 
5.125%, 1/15/2019 (Insured; MBIA)    2,000,000        2,161,760 
 
Fountain Valley School District, COP             
2.50%, 11/1/2006 (Insured; AMBAC)    2,000,000        2,002,680 
 
Golden State Tobacco Securitization Corp.,             
Tobacco Settlement Revenue             
(Enhanced - Asset Backed) 5.75%, 6/1/2021    3,500,000        3,725,295 
 
Lancaster Financing Authority, Tax Allocation Revenue             
(Project Number 5 & 6 Redevelopment Projects)             
5%, 2/1/2016 (Insured; MBIA)    1,065,000        1,174,109 
 
Lincoln Special Tax,             
Community Facilities District No. 2003 5.65%, 9/1/2019    1,250,000        1,274,475 
 
Los Angeles City, Revenue (Harbor Department) 6%, 8/1/2014    6,500,000        6,870,695 
 
Los Angeles Community College District             
5.50%, 8/1/2016 (Insured; MBIA)    1,845,000        2,065,994 
 
Los Angeles County Metropolitan Transportation Authority,             
Sales Tax Revenue 5%, 7/1/2017 (Insured; FGIC)    1,450,000        1,563,825 
 
Los Angeles Unified School District:             
5.50%, 7/1/2012 (Insured; MBIA)    2,850,000        3,272,741 
5.25%, 7/1/2014 (Insured; MBIA)    1,000,000        1,124,970 
5.75%, 7/1/2015 (Insured; MBIA)    3,000,000        3,549,750 
 
Marin Municipal Water District, COP (Financing Project)             
5%, 7/1/2016 (Insured; AMBAC)    1,545,000        1,687,186 
 
Metropolitan Water District of Southern California,             
Waterworks Revenue             
5.25%, 3/1/2015 (Prerefunded 3/1/2011)    3,000,000    b    3,413,010 
 
Midpeninsula Regional Open Space District             
Financing Authority, Revenue             
Zero Coupon, 9/1/2015 (Insured; AMBAC)    2,825,000        1,790,344 
 
Milpitas Redevelopment Agency, Tax Allocation             
(Redevelopment Project Area Number 1):             


5.25%, 9/1/2017 (Insured; MBIA)    2,000,000    2,214,660 
5.25%, 9/1/2018 (Insured; MBIA)    1,000,000    1,103,450 
 
Modesto Irrigation District, COP (Capital Improvements)         
5.25%, 7/1/2016 (Insured; FSA)    1,370,000    1,506,110 
 
Orange County Community Facilities District, Special Tax         
(Number 03-1 Ladera Ranch):         
3.60%, 8/15/2008    245,000    247,124 
3.60%, 8/15/2009    320,000    318,870 
4%, 8/15/2010    400,000    404,344 
5.25%, 8/15/2019    1,100,000    1,130,250 
5.30%, 8/15/2020    1,450,000    1,489,788 
 
Oxnard Financing Authority, Wastewater Revenue         
5%, 6/1/2016 (Insured; FGIC)    1,000,000    1,089,860 
 
Pasadena Area Community College District,         
Election of 2002 5%, 6/1/2017 (Insured; FGIC)    1,170,000    1,269,848 
 
Pasadena Unified School District:         
4%, 11/1/2006 (Insured; FGIC)    1,000,000    1,034,980 
5%, 11/1/2013 (Insured; FGIC)    1,000,000    1,118,080 
 
Pleasanton Joint Powers Financing Authority, Revenue         
(Reassessment) 5%, 9/2/2011 (Insured; FSA)    2,000,000    2,227,040 
 
Port Oakland, Revenue 5%, 11/1/2013 (Insured; MBIA)    1,000,000    1,085,180 
 
Rancho Water District 5.50%, 8/1/2008 (Insured; FSA)    1,670,000    1,853,082 
 
Riverside Improvement Board, Act 1915         
(Canyon Springs Assessment):         
4%, 9/2/2010    1,230,000    1,258,844 
4.25%, 9/2/2011    1,000,000    1,031,660 
 
Sacramento City Unified School District, Election of 1999         
5.25%, 7/1/2020 (Insured; FSA)    2,435,000    2,669,417 
 
Sacramento County, Special Tax         
(Community Facilities District Number 1):         
5.20%, 12/1/2007    1,110,000    1,171,006 
5.40%, 12/1/2009    1,220,000    1,295,652 
 
Sacramento County Sanitation District         
Financing Authority, Revenue 5.50%, 12/1/2014    4,000,000    4,521,440 
 
San Diego County, COP (Burnham Institute) 5.70%, 9/1/2011    3,700,000    3,987,379 
 
San Diego Housing Authority, MFHR         
(Island Village Apartments) 5.10%, 7/1/2012         
(Collateralized; FHLMC)    1,215,000    1,303,877 


San Diego Unified School District, Election of 1998             
5.25%, 7/1/2016 (Insured; FSA)    1,465,000        1,654,351 
 
San Mateo Redevelopment Agency (Tax Allocation)             
5.10%, 8/1/2014    1,835,000        1,957,101 
 
Santa Clara Unified School District 5.50%, 7/1/2016    1,870,000        2,092,904 
 
South Orange County Public Financing Authority,             
Special Tax Revenue (Foothill Area)             
5.25%, 8/15/2017 (Insured; FGIC)    2,000,000        2,229,240 
 
South Placer Wastewater Authority,             
Wastewater Revenue 5.50%, 11/1/2015             
(Insured; FGIC) (Prerefunded 11/1/2010)    1,000,000    b    1,153,130 
 
Southeast Resource Recovery Facilities Authority, LR:             
4%, 12/1/2007 (Insured; AMBAC)    1,000,000        1,049,550 
5.25%, 12/1/2017 (Insured; AMBAC)    1,000,000        1,107,570 
 
Tri-City Hospital District, Revenue             
5.375%, 2/15/2007 (Insured; MBIA)    2,500,000        2,629,600 
 
Truckee-Donner Public Utility District, COP:             
4.50%, 1/1/2008 (Insured; ACA)    1,500,000        1,572,000 
4.50%, 1/1/2009 (Insured; ACA)    1,685,000        1,775,046 
 
U.S. Related--12.5%             
 
Children's Trust Fund, Tobacco Settlement Revenue:             
5.75%, 7/1/2013 (Prerefunded 7/1/2010)    1,000,000    b    1,136,040 
5.75%, 7/1/2014 (Prerefunded 7/1/2010)    3,000,000    b    3,408,120 
 
Guam, LOR (Section 30) 5.50%, 12/1/2010 (Insured; FSA)    3,000,000        3,413,340 
 
Puerto Rico Commonwealth (Public Improvement):             
5%, 7/1/2005    230,000        233,445 
5.75%, 7/1/2008 (Insured; MBIA)    2,000,000        2,225,420 
5.50%, 7/1/2013 (Insured; FSA)    2,000,000        2,313,380 
 
Puerto Rico Electric Power Authority, Power Revenue             
5.75%, 7/1/2016 (Insured; FSA) (Prerefunded 7/1/2010)    2,000,000    b    2,289,000 
 
Puerto Rico Highway & Transportation Authority,             
Highway Revenue 6.25%, 7/1/2016 (Insured; FSA)    3,000,000        3,696,990 
 
Puerto Rico Industrial Tourist Educational,             
Medical, & Environmental Control Facilities             
Financing Authority, Industrial Revenue             
(Guaynabo Warehouse) 4.35%, 7/1/2006    1,170,000        1,199,753 


Puerto Rico Public Building Authority,             
Government Facility Revenue 5.50%, 7/1/2016    1,500,000        1,710,990 
 
Puerto Rico Public Finance Corp.             
(Commonwealth Appropriation)             
5.25%, 2/1/2012 (Insured; AMBAC)    1,500,000        1,665,465 
 
Virgin Islands Public Finance Authority, Revenue:             
5.625%, 10/1/2010    2,000,000        2,130,760 
5.875%, 10/1/2018    1,000,000        1,037,980 
 
Virgin Islands Water and Power Authority, Electric Systems             
5.125%, 7/1/2011 (Insured; Radianassurance)    1,000,000        1,067,410 
 
Total Long-Term Municipal Investments (cost $196,802,943)            206,337,146 
 
Short-Term Municipal Investments--4.2%             
 
California Department of Water Resources,             
Power Supply Revenue, VRDN:             
2.20%             
(LOC; Bank of New York &             
California State Teachers' Retirement)    1,600,000    c    1,600,000 
2.25% (LOC; BNP Paribas)    2,000,000    c    2,000,000 
 
California Economic Recovery, VRDN:             
2.13% (LOC; BNP Paribas)    2,205,000    c    2,205,000 
2.25%    2,500,000    c    2,500,000 
 
California Statewide Communities Development Authority,             
Revenue, VRDN (University Retirement) 2.21%             
(Insured; Radianassurance)    1,000,000    c    1,000,000 
 
Total Short-Term Municipal Investments (cost $9,305,000)            9,305,000 
 
Total Investments (cost $206,107,943)    98.0%        215,642,146 
 
Cash and Receivables (Net)    2.0%        4,429,029 
 
Net Assets    100.0%        220,071,175 
 
Notes to Statement of Investments:             

(a)    Zero coupon until a specified date, at which time the stated coupon becomes effective until maturity. 
(b)    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. 
(c) Securities payable on demand. Variable interest rate -- subject to periodic change. 
(d) 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 on Form N-CSR. 


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.

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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 CALIFORNIA INTERMEDIATE MUNICIPAL BOND FUND

By:    /s/ Stephen E. Canter 
    Stephen E. Canter 
    President 
 
Date:    February 18, 2005 

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:    February 18, 2005 
 
By:    /s/ James Windels 
James Windels
    Chief Financial Officer 
 
Date:    February 18, 2005 

    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) 

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