<PAGE> PAGE 1
000 A000000 03/31/94
000 C000000 355714
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 2.2
000 J000000 A
001 A000000 VENTURE MUNI (+) PLUS, INC.
001 B000000 811-3270
001 C000000 5059834335
002 A000000 124 EAST MARCY STREET
002 B000000 SANTA FE
002 C000000 NM
002 D010000 87501
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
008 A000001 SELECTED/VENTURE ADVISERS, L.P.
008 B000001 A
008 C000001 801-31648
008 D010001 SANTA FE
008 D020001 NM
008 D030001 87501
011 A000001 SELECTED/VENTURE ADVISERS, L.P.
011 B000001 8-39258
011 C010001 SANTA FE
011 C020001 NM
011 C030001 87501
012 A000001 BOSTON FINANCIAL DATA SERVICE
012 B000001 84-00896
012 C010001 BOSTON
012 C020001 MA
012 C030001 02266
013 A000001 TAIT, WELLER & BAKER
013 B010001 PHILADELPHIA
013 B020001 PA
013 B030001 19107
015 A000001 STATE STREET BANK AND TRUST COMPANY
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02205
015 E010001 X
018 000000 Y
019 A000000 Y
019 B000000 14
<PAGE> PAGE 2
019 C000000 SEL/VENTUR
020 A000001 NONE
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 A000001 *STATE STREET BANK AND TRUST COMPANY
022 B000001 #041867445
022 C000001 350669
022 D000001 0
022 A000002 *GRUNTAL & CO., INCORPORATED
022 B000002 #133179859
022 C000002 132915
022 D000002 103853
022 A000003 *PAINEWEBBER INCORPORATED
022 B000003 #132638166
022 C000003 76049
022 D000003 977
022 A000004 *SMITH BARNEY SHEARSON
022 B000004 #131912900
022 C000004 24541
022 D000004 8640
022 A000005 *LEHMAN BROTHERS, INC.
022 B000005 #132518466
022 C000005 29135
022 D000005 0
022 A000006 *GOLDMAN, SACHS, & CO.
022 B000006 #135108880
022 C000006 5700
022 D000006 0
022 A000007 *PRUDENTIAL SECURITIES
022 B000007 #850296019
022 C000007 3606
022 D000007 1889
022 A000008 *GREENWICH PARTNERS, INC.
022 B000008 #133176013
022 C000008 3424
022 D000008 2058
022 A000009 *JOHN NUVEEN & CO., INCORPORATED
022 B000009 #850296019
022 C000009 1997
022 D000009 2007
022 A000010 *CREWS & ASSOCIATES
022 B000010 #710522369
<PAGE> PAGE 3
022 C000010 1961
022 D000010 2035
023 C000000 638417
023 D000000 132117
024 000000 N
025 D000001 0
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
028 A010000 3022
028 A020000 498
028 A030000 0
028 A040000 1981
028 B010000 3330
028 B020000 956
028 B030000 0
028 B040000 8812
028 C010000 49922
028 C020000 -1
028 C030000 0
028 C040000 47208
028 D010000 3321
028 D020000 418
028 D030000 0
028 D040000 7228
028 E010000 2502
028 E020000 410
028 E030000 0
028 E040000 5213
028 F010000 4325
028 F020000 413
028 F030000 0
028 F040000 5745
028 G010000 66422
028 G020000 2694
028 G030000 0
028 G040000 76187
<PAGE> PAGE 4
028 H000000 560
029 000000 Y
030 A000000 9
030 B000000 4.75
030 C000000 0.00
031 A000000 2
031 B000000 0
032 000000 7
033 000000 0
034 000000 Y
035 000000 422
036 A000000 N
036 B000000 0
037 000000 N
038 000000 0
039 000000 N
040 000000 Y
041 000000 Y
042 A000000 0
042 B000000 0
042 C000000 100
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 800
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.000
048 A010000 250000
048 A020000 0.750
048 B010000 250000
048 B020000 0.650
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
<PAGE> PAGE 5
048 J020000 0.000
048 K010000 500000
048 K020000 0.550
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 N
054 A000000 Y
054 B000000 N
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
054 O000000 N
055 A000000 N
055 B000000 N
056 000000 Y
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 1000
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 0.4
062 E000000 100.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 0
<PAGE> PAGE 6
063 B000000 15.8
064 A000000 Y
064 B000000 N
066 A000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 Y
070 B010000 N
070 B020000 N
070 C010000 N
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 N
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 Y
070 K020000 N
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 N
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 N
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 158658
071 B000000 157286
071 C000000 181608
071 D000000 87
072 A000000 6
072 B000000 6703
072 C000000 0
<PAGE> PAGE 7
072 D000000 0
072 E000000 0
072 F000000 697
072 G000000 0
072 H000000 0
072 I000000 80
072 J000000 85
072 K000000 0
072 L000000 11
072 M000000 34
072 N000000 29
072 O000000 0
072 P000000 0
072 Q000000 15
072 R000000 16
072 S000000 34
072 T000000 800
072 U000000 0
072 V000000 0
072 W000000 25
072 X000000 1826
072 Y000000 0
072 Z000000 4877
072AA000000 698
072BB000000 0
072CC010000 1545
072CC020000 0
072DD010000 664
072DD020000 4044
072EE000000 0
073 A010000 0.1400
073 A020000 0.2200
073 B000000 0.0000
073 C000000 0.0500
074 A000000 0
074 B000000 0
074 C000000 0
074 D000000 180947
074 E000000 0
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 2644
074 K000000 0
074 L000000 4768
074 M000000 66
074 N000000 188425
074 O000000 3557
074 P000000 0
074 Q000000 0
<PAGE> PAGE 8
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 1486
074 S000000 0
074 T000000 183382
074 U010000 5030
074 U020000 14971
074 V010000 9.18
074 V020000 9.17
074 W000000 0.0000
074 X000000 5335
074 Y000000 0
075 A000000 0
075 B000000 185675
076 000000 0.00
077 A000000 N
078 000000 N
080 A000000 ICI MUTUAL INSURANCE
080 C000000 3525
081 A000000 Y
081 B000000 8
082 A000000 Y
082 B000000 100
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
SIGNATURE CARL R. LUFF
TITLE TREASURER