N-Q 1 form.htm FORM NQ form
    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 811-07089 
 
Dreyfus Pennsylvania 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:    11/30 
 
Date of reporting period:    8/31/06 


FORM N-Q

Item 1. Schedule of Investments.

STATEMENT OF INVESTMENTS             
Dreyfus Pennsylvania Intermediate Municipal Bond Fund         
August 31, 2006 (Unaudited)                 
 
Long-Term Municipal    Coupon    Maturity    Principal     
Investments--98.9%    Rate (%)    Date    Amount ($)    Value ($) 





Pennsylvania--97.0%                 
Albert Gallatin Area School                 
District (Insured; MBIA)    5.15    9/1/14    1,220,000    1,236,250 
Armstrong School District,                 
GO (Insured; XLCA)    5.00    3/15/22    1,465,000    1,564,503 
Bethlehem Authority,                 
Guaranteed Water Revenue                 
(Insured; FSA)    5.00    11/15/15    2,000,000    2,167,720 
Bucks County Industrial                 
Development Authority,                 
Retirement Community Revenue                 
(Ann's Choice, Inc. Facility)    5.90    1/1/27    250,000    258,355 
Bucks County Water and Sewer                 
Authority, Revenue (Neshaminy                 
Interceptor) (Insured; AMBAC)    5.38    6/1/13    1,090,000    1,175,140 
Butler Area Sewer Authority,                 
Sewer Revenue (Insured; FGIC)    0.00    1/1/10    600,000    528,120 
Butler County                 
(Insured; FGIC)    5.25    7/15/13    1,000,000 a    1,092,810 
Chester County,                 
GO    5.00    8/15/19    500,000    537,275 
Chester County School Authority,                 
School LR (Chester County                 
Intermediate Unit Project)                 
(Insured; AMBAC)    5.00    4/1/21    2,325,000    2,472,312 
Coatesville Area School District,                 
GO (Insured; FSA)    5.25    8/15/17    1,000,000    1,092,270 
Delaware County    5.13    10/1/17    1,000,000    1,038,120 
Delaware River Port Authority                 
(Port District Project)                 
(Insured; MBIA)    4.75    1/1/12    1,000,000    1,023,870 
Eastern York School District,                 
GO (Insured; FSA)    5.00    9/1/23    1,640,000 b    1,753,849 
Harrisburg Authority,                 
Office and Parking Revenue    5.75    5/1/08    805,000    822,879 
Harrisburg Parking Authority,                 
Parking Revenue (Insured; FSA)    5.75    5/15/14    640,000    707,098 
Harrisburg Redevelopment Authority                 
(Insured; FSA)    0.00    11/1/16    2,000,000    1,296,820 
Kennett Consolidated School                 
District (Insured; FGIC)    5.25    2/15/16    1,000,000    1,083,850 
McKeesport Area School District                 
(Insured; FGIC)    0.00    10/1/09    1,070,000    951,444 
Monroe County Hospital Authority,                 
HR (Pocono Medical Center)                 


(Insured; Radian)    5.50    1/1/12    1,095,000    1,157,021 
Monroeville Municipal Authority,                 
Sanitary Sewer Revenue                 
(Insured; MBIA)    5.25    12/1/15    1,035,000    1,124,393 
Mount Lebanon School District,                 
GO (Insured; MBIA)    5.00    2/15/13    1,000,000 a    1,074,620 
Neshaminy School District                 
(Insured; MBIA)    5.00    4/15/16    1,250,000    1,344,637 
Norristown                 
(Insured; FGIC)    5.00    9/1/20    1,125,000    1,194,255 
Norristown                 
(Insured; Radian)    0.00    12/15/11    1,465,000    1,195,557 
Norristown                 
(Insured; Radian)    0.00    12/15/13    735,000    549,604 
North Allegheny School District                 
(Insured; FGIC)    5.00    5/1/15    1,625,000    1,744,665 
Pennsylvania Finance Authority,                 
Revenue (Penn Hills Project)                 
(Insured; FGIC)    5.25    12/1/13    1,105,000    1,109,166 
Pennsylvania Higher Educational                 
Facilities Authority, Revenue                 
(State System of Higher                 
Education) (Insured; AMBAC)    5.25    12/15/14    1,600,000    1,642,736 
Pennsylvania Higher Educational                 
Facilities Authority, Revenue                 
(UPMC Health System)    6.00    1/15/13    1,995,000    2,166,410 
Pennsylvania Higher Educational                 
Facilities Authority, Revenue                 
(UPMC Health System)    6.00    1/15/14    1,580,000    1,729,120 
Pennsylvania Intergovernmental                 
Cooperative Authority, Special                 
Tax Revenue (Philadelphia                 
Funding Program) (Insured;                 
FGIC)    5.25    6/15/16    1,200,000    1,248,468 


Pennsylvania Public School                 
Building Authority, School                 
Revenue (Daniel Boone School                 
District Project) (Insured;                 
MBIA)    5.00    4/1/17    1,005,000    1,065,019 
Pennsylvania Turnpike Commission,                 
Oil Franchise Tax Revenue                 
(Insured; AMBAC)    5.25    12/1/18    545,000    568,604 
Pennsylvania Turnpike Commission,                 
Oil Franchise Tax Revenue                 
(Insured; AMBAC)    5.25    12/1/18    455,000    474,005 
Pennsylvania Turnpike Commission,                 
Turnpike Revenue (Insured;                 
AMBAC)    5.00    12/1/22    1,815,000    1,944,337 
Philadelphia                 
(Insured; FGIC)    5.70    11/15/06    370,000    371,610 
Philadelphia                 
(Insured; XLCA)    5.25    2/15/14    2,000,000    2,162,220 
Philadelphia,                 
Gas Works Revenue (Insured;                 
FSA)    5.50    7/1/15    1,550,000    1,634,429 
Philadelphia Hospitals and Higher                 
Education Facilities                 
Authority, Health System                 
Revenue (Jefferson Health                 
System)    5.00    5/15/11    2,500,000    2,565,200 
Philadelphia Hospitals and Higher                 
Education Facilities                 
Authority, Revenue (Temple                 
University Hospital)    6.50    11/15/08    1,350,000    1,388,677 
Philadelphia Municipal Authority,                 
LR (Insured; FSA)    5.25    11/15/15    2,115,000    2,286,378 
Pittsburgh School District,                 
GO (Insured; MBIA)    5.00    9/1/20    1,315,000    1,402,816 
Sayre Health Care Facilities                 
Authority, Revenue (Guthrie                 
Health)    6.25    12/1/13    1,800,000    2,000,772 
Sayre Health Care Facilities                 
Authority, Revenue (Guthrie                 
Health)    6.25    12/1/14    1,000,000    1,108,980 
State Public School Building                 
Authority, School Revenue                 
(School District of Haverford                 
Township Project) (Insured;                 
XLCA)    5.25    3/15/21    1,000,000    1,092,910 
State Public School Building                 
Authority, School Revenue                 
(York School District Project)                 
(Insured; FSA)    5.00    5/1/18    545,000    579,373 
Swarthmore Borough Authority,                 
Revenue (Swarthmore College)    5.25    9/15/20    750,000    807,127 
Trinity Area School District                 


(Insured; FSA)    5.20    11/1/12    1,235,000    1,273,483 
Wayne County Hospital and Health             
Facilities Authority (Wayne                 
Memorial Hospital Project)                 
(Insured; MBIA)    5.25    7/1/16    2,135,000    2,299,032 
West Mifflin Area School District,                 
GO (Insured; FSA)    5.00    10/1/22    710,000    757,201 
West Mifflin Sanitary Sewer                 
Municipal Authority, Sewer                 
Revenue (Insured; MBIA)    4.90    8/1/13    880,000    898,550 
Westmoreland County                 
(Insured; FGIC)    0.00    12/1/08    1,590,000    1,463,786 
Wilson Area School District                 
(Insured; FGIC)    5.13    3/15/16    1,300,000    1,391,637 
Wilson Area School District                 
(Insured; FSA)    5.00    5/15/16    1,135,000    1,214,825 
York County Hospital Authority,                 
Revenue (Lutheran Social                 
Services Health Center)    6.25    4/1/11    1,000,000    1,000,290 
Yough School District                 
(Insured; FGIC)    0.00    10/1/07    1,000,000    960,960 
U.S. Related--1.9%                 
Guam Waterworks Authority,                 
Water and Wastewater System             
Revenue    5.50    7/1/16    320,000    339,142 
Puerto Rico Commonwealth,                 
Public Improvement    5.25    7/1/23    1,000,000    1,073,390 
Total Long-Term Municipal Investments             
(cost $70,349,528)                72,208,090 


Short-Term Municipal    Coupon    Maturity    Principal     
Investments--2.7%    Rate (%)    Date    Amount ($)    Value ($) 





Pennsylvania;                 
Montgomery County Industrial                 
Development Authority,                 
Retirement Community Revenue             
(Adult Communities Total                 
Services Retirement Life                 
Communities Inc. Obligated                 
Group) (Insured; Radian and                 
Liquidity Facility; ABN-AMRO)    3.57    9/1/06    1,000,000 c    1,000,000 
Philadelphia Hospitals and Higher                 
Educational Facilities                 
Authority, HR (The Children's                 
Hospital of Philadelphia                 
Project) (Liquidity Facility;                 
JPMorgan Chase Bank)    3.55    9/1/06    1,000,000 c    1,000,000 
Total Short-Term Municipal Investments             
(cost $2,000,000)                2,000,000 
Total Investments (cost $72,349,528)        101.6%    74,208,090 
Liabilities, Less Cash and Receivables        (1.6%)    (1,141,489) 
Net Assets            100.0%    73,066,601 

a 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.
b Purchased on a delayed delivery basis.
c 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 Pennsylvania Intermediate Municipal Bond Fund

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)