<PAGE> PAGE 1
000 B000000 06/30/95
000 C000000 0000773478
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 FRANKLIN CALIFORNIA TAX-FREE TRUST
001 B000000 811-4356
001 C000000 4153122000
002 A000000 777 MARINERS ISLAND BLVD.
002 B000000 SAN MATEO
002 C000000 CA
002 D010000 94404
002 D020000 1585
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 3
007 C010100 1
007 C020100 FRANKLIN CA INSURED TAX-FREE INCOME FUND
007 C030100 N
007 C010200 2
007 C020200 FRANKLIN CA TAX-EXEMPT MONEY FUND
007 C030200 N
007 C010300 3
007 C020300 FRANKLIN CA INTER.-TERM TAX-FREE INCOME FUND
007 C030300 N
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
007 C011100 11
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
007 C012100 21
007 C012200 22
<PAGE> PAGE 2
007 C012300 23
007 C012400 24
007 C012500 25
007 C012600 26
007 C012700 27
007 C012800 28
007 C012900 29
007 C013000 30
007 C013100 31
007 C013200 32
007 C013300 33
007 C013400 34
007 C013500 35
007 C013600 36
007 C013700 37
007 C013800 38
007 C013900 39
007 C014000 40
007 C014100 41
007 C014200 42
007 C014300 43
007 C014400 44
007 C014500 45
007 C014600 46
007 C014700 47
007 C014800 48
007 C014900 49
007 C015000 50
007 C015100 51
007 C015200 52
007 C015300 53
007 C015400 54
007 C015500 55
007 C015600 56
007 C015700 57
007 C015800 58
007 C015900 59
007 C016000 60
015 A00AA01 BANK OF AMERICA NT & SA
015 B00AA01 C
015 C01AA01 SAN FRANCISCO
015 C02AA01 CA
015 C03AA01 94104
015 C04AA01 1502
015 E01AA01 X
015 A00AA02 CITIBANK DELAWARE
015 B00AA02 C
015 C01AA02 NEW CASTLE
015 C02AA02 DE
015 C03AA02 19720
015 C04AA02 2409
<PAGE> PAGE 3
015 E01AA02 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 190
019 C00AA00 FRNKTEMGRP
022 A000001 GOLDMAN SACHS & CO.
022 B000001 13-5108880
022 C000001 606678
022 D000001 82744
022 A000002 PAINEWEBBER INC.
022 B000002 13-2638166
022 C000002 350160
022 D000002 270671
022 A000003 MERRILL LYNCH PIERCE FENNER
022 B000003 13-5674085
022 C000003 182378
022 D000003 189143
022 A000004 LEHMAN BROTHERS SECURITIES
022 B000004 13-2518466
022 C000004 189088
022 D000004 120211
022 A000005 SMITH BARNEY SHEARSON
022 B000005 13-1912900
022 C000005 163744
022 D000005 136726
022 A000006 MORGAN STANLEY & CO. INC.
022 B000006 13-2655998
022 C000006 94554
022 D000006 83576
022 A000007 CITICORP
022 B000007 13-3187336
022 C000007 53447
022 D000007 27350
022 A000008 MORGAN (J P) SECURITIES INC.
022 B000008 13-3224016
022 C000008 47080
022 D000008 15500
022 A000009 CHEMICAL BANK NYC
022 B000009 13-4994650
022 C000009 21422
022 D000009 26094
022 A000010 B.A. SECURITY, INC.
022 B000010 95-4035346
022 C000010 45890
022 D000010 1000
023 C000000 1980669
023 D000000 1131245
024 00AA00 N
026 A000000 Y
026 B000000 Y
026 C000000 Y
<PAGE> PAGE 4
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 Y
026 G020000 N
026 H000000 N
027 000000 Y
077 A000000 Y
077 B000000 Y
077 C000000 Y
078 000000 N
080 A00AA00 ICI MUTUAL INSURANCE COMPANY
080 C00AA00 130000
081 A00AA00 Y
081 B00AA00 187
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
028 A010100 22584
028 A020100 2703
028 A030100 0
028 A040100 27092
028 B010100 18248
028 B020100 2686
028 B030100 0
028 B040100 17074
028 C010100 22455
028 C020100 2703
028 C030100 0
028 C040100 24771
028 D010100 20791
028 D020100 2708
028 D030100 0
028 D040100 15993
028 E010100 21904
028 E020100 2712
028 E030100 0
028 E040100 21127
028 F010100 29538
028 F020100 2712
028 F030100 0
028 F040100 26575
028 G010100 135520
028 G020100 16224
028 G030100 0
028 G040100 132632
<PAGE> PAGE 5
028 H000100 135520
029 000100 Y
030 A000100 3800
030 B000100 4.25
030 C000100 0.00
031 A000100 254
031 B000100 0
032 000100 3546
033 000100 0
034 000100 Y
035 000100 0
036 A000100 N
036 B000100 0
037 000100 N
038 000100 0
039 000100 N
040 000100 Y
041 000100 Y
042 A000100 0
042 B000100 0
042 C000100 100
042 D000100 0
042 E000100 0
042 F000100 0
042 G000100 0
042 H000100 0
043 000100 1011
044 000100 151
049 000100 N
050 000100 N
051 000100 N
052 000100 N
053 A000100 N
055 A000100 N
055 B000100 N
056 000100 N
057 000100 N
058 A000100 N
059 000100 Y
060 A000100 Y
060 B000100 Y
061 000100 100
062 A000100 Y
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 0.2
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
<PAGE> PAGE 6
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 98.9
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
063 A000100 0
063 B000100 6.9
064 A000100 Y
064 B000100 N
070 A010100 N
070 A020100 N
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 N
070 J020100 N
070 K010100 N
070 K020100 N
070 L010100 N
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 Y
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 167399
071 B000100 180249
<PAGE> PAGE 7
071 C000100 1410644
071 D000100 12
072 A000100 12
072 B000100 91346
072 C000100 0
072 D000100 0
072 E000100 0
072 F000100 6703
072 G000100 0
072 H000100 0
072 I000100 171
072 J000100 132
072 K000100 121
072 L000100 80
072 M000100 63
072 N000100 54
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 53
072 S000100 8
072 T000100 1011
072 U000100 0
072 V000100 0
072 W000100 120
072 X000100 8516
072 Y000100 0
072 Z000100 82830
072AA000100 8172
072BB000100 2580
072CC010100 18768
072CC020100 0
072DD010100 82377
072DD020100 2
072EE000100 0
073 A010100 0.6739
073 A020100 0.1032
073 B000100 0.0000
073 C000100 0.0000
074 A000100 1984
074 B000100 0
074 C000100 3500
074 D000100 1452032
074 E000100 0
074 F000100 0
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 20
074 K000100 0
074 L000100 31042
<PAGE> PAGE 8
074 M000100 0
074 N000100 1488578
074 O000100 11203
074 P000100 775
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 8013
074 S000100 0
074 T000100 1468587
074 U010100 122804
074 U020100 42
074 V010100 11.95
074 V020100 11.99
074 W000100 0.0000
074 X000100 21500
074 Y000100 56583
075 A000100 0
075 B000100 1436785
076 000100 0.00
028 A010200 100808
028 A020200 1808
028 A030200 0
028 A040200 86994
028 B010200 46447
028 B020200 1648
028 B030200 0
028 B040200 88533
028 C010200 100033
028 C020200 1875
028 C030200 0
028 C040200 67416
028 D010200 55967
028 D020200 1817
028 D030200 0
028 D040200 83612
028 E010200 63137
028 E020200 2118
028 E030200 0
028 E040200 114379
028 F010200 102048
028 F020200 1559
028 F030200 0
028 F040200 88331
028 G010200 468440
028 G020200 10825
028 G030200 0
028 G040200 529265
028 H000200 0
034 000200 N
<PAGE> PAGE 9
035 000200 0
036 B000200 0
055 A000200 Y
055 B000200 N
056 000200 N
057 000200 N
058 A000200 N
059 000200 Y
060 A000200 Y
060 B000200 Y
061 000200 500
062 A000200 Y
062 B000200 0.0
062 C000200 0.0
062 D000200 0.0
062 E000200 102.4
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 0.0
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
063 A000200 37
063 B000200 0.0
064 A000200 Y
064 B000200 N
071 A000200 0
071 B000200 0
071 C000200 0
071 D000200 0
072 A000200 12
072 B000200 24771
072 C000200 0
072 D000200 0
072 E000200 0
072 F000200 3419
072 G000200 0
072 H000200 0
072 I000200 475
072 J000200 72
072 K000200 240
072 L000200 142
072 M000200 32
072 N000200 33
<PAGE> PAGE 10
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 24
072 S000200 9
072 T000200 0
072 U000200 0
072 V000200 0
072 W000200 27
072 X000200 4473
072 Y000200 0
072 Z000200 20298
072AA000200 9
072BB000200 24
072CC010200 0
072CC020200 0
072DD010200 20283
072DD020200 0
072EE000200 0
073 A010200 0.0290
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 289
074 B000200 0
074 C000200 657802
074 D000200 0
074 E000200 0
074 F000200 0
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 0
074 K000200 0
074 L000200 4544
074 M000200 0
074 N000200 662635
074 O000200 20105
074 P000200 295
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 78
074 S000200 0
074 T000200 642157
074 U010200 642157
074 U020200 0
074 V010200 1.00
074 V020200 0.00
074 W000200 0.9998
<PAGE> PAGE 11
074 X000200 25630
074 Y000200 25100
075 A000200 704257
075 B000200 0
076 000200 0.00
028 A010300 913
028 A020300 272
028 A030300 0
028 A040300 12877
028 B010300 2122
028 B020300 224
028 B030300 0
028 B040300 2187
028 C010300 2166
028 C020300 228
028 C030300 0
028 C040300 1668
028 D010300 787
028 D020300 229
028 D030300 0
028 D040300 1045
028 E010300 1519
028 E020300 226
028 E030300 0
028 E040300 3965
028 F010300 1147
028 F020300 224
028 F030300 0
028 F040300 2887
028 G010300 8654
028 G020300 1403
028 G030300 0
028 G040300 24629
028 H000300 8654
029 000300 Y
030 A000300 178
030 B000300 2.25
030 C000300 0.00
031 A000300 23
031 B000300 0
032 000300 155
033 000300 0
034 000300 Y
035 000300 0
036 A000300 N
036 B000300 0
037 000300 N
038 000300 0
039 000300 N
040 000300 Y
041 000300 Y
<PAGE> PAGE 12
042 A000300 0
042 B000300 0
042 C000300 100
042 D000300 0
042 E000300 0
042 F000300 0
042 G000300 0
042 H000300 0
043 000300 73
044 000300 85
049 000300 N
050 000300 N
051 000300 N
052 000300 N
053 A000300 Y
053 B000300 Y
053 C000300 N
055 A000300 N
055 B000300 N
056 000300 N
057 000300 N
058 A000300 N
059 000300 Y
060 A000300 N
060 B000300 N
061 000300 100
062 A000300 Y
062 B000300 0.0
062 C000300 0.0
062 D000300 0.0
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
062 M000300 0.0
062 N000300 0.0
062 O000300 98.3
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
063 A000300 0
063 B000300 7.1
064 A000300 Y
064 B000300 N
070 A010300 N
070 A020300 N
070 B010300 N
<PAGE> PAGE 13
070 B020300 N
070 C010300 N
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 N
070 F020300 N
070 G010300 N
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 N
070 J020300 N
070 K010300 N
070 K020300 N
070 L010300 N
070 L020300 N
070 M010300 N
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 Y
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300 9969
071 B000300 16030
071 C000300 91455
071 D000300 11
072 A000300 12
072 B000300 5334
072 C000300 0
072 D000300 0
072 E000300 0
072 F000300 120
072 G000300 0
072 H000300 0
072 I000300 14
072 J000300 9
072 K000300 8
072 L000300 10
072 M000300 1
072 N000300 19
<PAGE> PAGE 14
072 O000300 0
072 P000300 0
072 Q000300 0
072 R000300 5
072 S000300 1
072 T000300 73
072 U000300 0
072 V000300 0
072 W000300 52
072 X000300 312
072 Y000300 0
072 Z000300 5022
072AA000300 27
072BB000300 493
072CC010300 1697
072CC020300 0
072DD010300 4926
072DD020300 0
072EE000300 0
073 A010300 0.5300
073 A020300 0.0000
073 B000300 0.0000
073 C000300 0.0000
074 A000300 222
074 B000300 0
074 C000300 0
074 D000300 87251
074 E000300 0
074 F000300 0
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 15
074 K000300 0
074 L000300 1475
074 M000300 0
074 N000300 88963
074 O000300 0
074 P000300 29
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 149
074 S000300 0
074 T000300 88785
074 U010300 8557
074 U020300 0
074 V010300 10.38
074 V020300 0.00
074 W000300 0.0000
<PAGE> PAGE 15
074 X000300 1759
074 Y000300 7533
075 A000300 0
075 B000300 94016
076 000300 0.00
SIGNATURE DIOMEDES LOO-TAM
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
CALIFORNIA TAX-FREE TRUST JUNE 30, 1995 ANNUAL REPORT AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 011
<NAME> FRANKLIN CALIFORNIA INSURED TAX-FREE INCOME FUND - CLASS I
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUN-30-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 1,399,813,333
<INVESTMENTS-AT-VALUE> 1,455,531,733
<RECEIVABLES> 31,062,579
<ASSETS-OTHER> 1,983,651
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,488,577,963
<PAYABLE-FOR-SECURITIES> 11,202,800
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 8,788,309
<TOTAL-LIABILITIES> 19,991,109
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,420,430,293
<SHARES-COMMON-STOCK> 122,804,197
<SHARES-COMMON-PRIOR> 123,573,139
<ACCUMULATED-NII-CURRENT> 1,160,535
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (8,722,374)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 55,718,400
<NET-ASSETS> 1,468,586,854
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 91,346,293
<OTHER-INCOME> 0
<EXPENSES-NET> (8,516,579)
<NET-INVESTMENT-INCOME> 82,829,714
<REALIZED-GAINS-CURRENT> 5,592,380
<APPREC-INCREASE-CURRENT> 18,768,345
<NET-CHANGE-FROM-OPS> 107,190,339
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (82,377,546)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 22,166,093
<NUMBER-OF-SHARES-REDEEMED> (25,761,338)
<SHARES-REINVESTED> 2,826,303
<NET-CHANGE-IN-ASSETS> 17,765,689
<ACCUMULATED-NII-PRIOR> 710,138
<ACCUMULATED-GAINS-PRIOR> (14,314,754)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (6,703,306)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (8,516,579)
<AVERAGE-NET-ASSETS> 1,435,658,951
<PER-SHARE-NAV-BEGIN> 11.740
<PER-SHARE-NII> .680
<PER-SHARE-GAIN-APPREC> .204
<PER-SHARE-DIVIDEND> (.674)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 11.950
<EXPENSE-RATIO> .590
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
CALIFORNIA TAX-FREE TRUST JUNE 30, 1995 ANNUAL REPORT AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 012
<NAME> FRANKLIN CALIFORNIA INSURED TAX-FREE INCOME FUND - CLASS II
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUN-30-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 1,399,813,333
<INVESTMENTS-AT-VALUE> 1,455,531,733
<RECEIVABLES> 31,062,579
<ASSETS-OTHER> 1,983,651
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,488,577,963
<PAYABLE-FOR-SECURITIES> 11,202,800
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 8,788,309
<TOTAL-LIABILITIES> 19,991,109
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,420,430,293
<SHARES-COMMON-STOCK> 42,260
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 1,160,535
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (8,722,374)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 55,718,400
<NET-ASSETS> 1,468,586,854
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 91,346,293
<OTHER-INCOME> 0
<EXPENSES-NET> (8,516,579)
<NET-INVESTMENT-INCOME> 82,829,714
<REALIZED-GAINS-CURRENT> 5,592,380
<APPREC-INCREASE-CURRENT> 18,768,345
<NET-CHANGE-FROM-OPS> 107,190,339
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,771)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 42,176
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 84
<NET-CHANGE-IN-ASSETS> 17,765,689
<ACCUMULATED-NII-PRIOR> 710,138
<ACCUMULATED-GAINS-PRIOR> (14,314,754)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (6,703,306)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (8,516,579)
<AVERAGE-NET-ASSETS> 239,974
<PER-SHARE-NAV-BEGIN> 11.880
<PER-SHARE-NII> .110
<PER-SHARE-GAIN-APPREC> .103
<PER-SHARE-DIVIDEND> (.103)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 11.990
<EXPENSE-RATIO> 1.170
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN CALIFORNIA TAX-FREE TRUST JUNE 30, 1995 ANNUAL REPORT AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 021
<NAME> FRANKLIN CALIFORNIA TAX-EXEMPT MONEY FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUN-30-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 657,801,693
<INVESTMENTS-AT-VALUE> 657,801,693
<RECEIVABLES> 4,544,736
<ASSETS-OTHER> 288,934
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 662,635,363
<PAYABLE-FOR-SECURITIES> 20,105,200
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 372,829
<TOTAL-LIABILITIES> 20,478,029
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 642,157,334
<SHARES-COMMON-STOCK> 642,157,334
<SHARES-COMMON-PRIOR> 754,121,427
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 642,157,334
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 24,770,583
<OTHER-INCOME> 0
<EXPENSES-NET> (4,472,927)
<NET-INVESTMENT-INCOME> 20,297,656
<REALIZED-GAINS-CURRENT> (14,563)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 20,283,093
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (20,283,093)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,052,884,844
<NUMBER-OF-SHARES-REDEEMED> (1,185,148,622)
<SHARES-REINVESTED> 20,299,685
<NET-CHANGE-IN-ASSETS> (111,964,093)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (3,419,037)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (4,472,927)
<AVERAGE-NET-ASSETS> 704,256,553
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> .029
<PER-SHARE-GAIN-APPREC> .000
<PER-SHARE-DIVIDEND> (.029)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> .640
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FRANKLIN CALIFORNIA TAX-FREE TRUST JUNE 30, 1995 ANNUAL REPORT AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 3
<NAME> FRANKLIN CALIFORNIA INTERMEDIATE-TERM TAX-FREE INCOME FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUN-30-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 88,808,100
<INVESTMENTS-AT-VALUE> 87,250,881
<RECEIVABLES> 1,489,950
<ASSETS-OTHER> 222,066
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 88,962,897
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 178,137
<TOTAL-LIABILITIES> 178,137
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 91,003,715
<SHARES-COMMON-STOCK> 8,556,518
<SHARES-COMMON-PRIOR> 9,217,603
<ACCUMULATED-NII-CURRENT> 135,555
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (797,291)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1,557,219)
<NET-ASSETS> 88,784,760
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5,333,828
<OTHER-INCOME> 0
<EXPENSES-NET> (312,266)
<NET-INVESTMENT-INCOME> 5,021,562
<REALIZED-GAINS-CURRENT> (465,495)
<APPREC-INCREASE-CURRENT> 1,696,820
<NET-CHANGE-FROM-OPS> 6,252,887
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4,925,765)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,529,557
<NUMBER-OF-SHARES-REDEEMED> (4,478,352)
<SHARES-REINVESTED> 287,710
<NET-CHANGE-IN-ASSETS> (5,230,622)
<ACCUMULATED-NII-PRIOR> 39,758
<ACCUMULATED-GAINS-PRIOR> (331,796)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (119,684)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (312,266)
<AVERAGE-NET-ASSETS> 94,015,777
<PER-SHARE-NAV-BEGIN> 10.200
<PER-SHARE-NII> .540
<PER-SHARE-GAIN-APPREC> .170
<PER-SHARE-DIVIDEND> (.530)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 10.380
<EXPENSE-RATIO> .330
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> .000
</TABLE>
REPORT OF INDEPENDENT AUDITORS
To the Shareholders and Board of Trustees
of the Franklin California Tax-Free Trust:
In planning and performing our audit of the financial
statements and financial highlights of the funds comprising
the Franklin California TaxFree Trust for the year ended
June 30, 1995, we considered its internal control structure,
including procedures for safeguarding securities, in order
to determine our auditing procedures for the purpose of
expressing our opinion on the financial statements and
financial highlights and to comply with the requirements of
Form N-SAR, not to provide assurance on the internal control
structure.
The management of the Franklin California Tax-Free Trust is
responsible for establishing and maintaining an internal
control structure. In fulfilling this responsibility,
estimates and judgments by management are required to assess
the expected benefits and related costs of internal control
structure policies and procedures.
Two of the objectives of an internal control structure are
to provide management with reasonable, but not absolute,
assurance that assets are safeguarded against loss from
unauthorized use or disposition and that transactions are
executed in accordance with management's authorization and
recorded properly to permit preparation of financial
statements in conformity with generally accepted accounting
principles.
Because of inherent limitations in any internal control
structure, errors or irregularities may occur and not be
detected. Also, projection of any evaluation of the
structure to future periods is subject to the risk that it
may become inadequate because of changes in conditions or
that the effectiveness of the design and operation may
deteriorate.
Our consideration of the internal control structure would
not
necessarily disclose all matters in the internal control
structure that might be material weaknesses under standards
established by the American Institute of Certified Public
Accountants. A material weakness is a condition in which the
design or operation of the specific internal control
structure elements does not reduce to a relatively low level
the risk that errors or irregularities in amounts that would
be material in relation to the financial statements and
financial highlights being audited may occur and not be
detected within a timely period by employees in the normal
course of performing their assigned functions. However, we
noted no matters involving the internal control structure,
including procedures for safeguarding securities, that we
consider to be material weaknesses, as defined above, as of
June 30, 1995.
This report is intended solely for the information and use
of management of the Franklin California Tax-Free Trust and
the Securities and Exchange Commission.
S\COOPERS & LYBRAND L.L.P.
Coopers & Lybrand L.L.P.
San Francisco, California
August 4, 1995
EXHIBIT 77 C
FRANKLIN RESOURCES, INC.
777 Mariners Island Blvd.
P.O. Box 7777
San Mateo, CA 94403-7777
415/312-3000
ACTION OF SOLE SHAREHOLDER BY WRITTEN CONSENT
The undersigned, being the sole shareholder of the Class II
shares of each of the Franklin Templeton Funds listed on the
attached Schedule A (the "Funds"), each of which is a series of
the Investment Companies as indicated on Schedule A (the
"Companies"), does hereby take the following actions and does
hereby consent to the following resolution:
RESOLVED: That the Distribution Plans pursuant to Rule
12b-1 (under the Investment Company Act of 1940), as
agreed to and accepted by Franklin/Templeton
Distributors, Inc. and each of the Companies prior to
the date below, be and it hereby is, approved for each
Fund.
By execution hereof, the undersigned shareholder waives
prior notice of the foregoing action by written consent.
FRANKLIN RESOURCES, INC.
s/H.E. Burns
Dated as of: April 28, 1995 By: Harmon E. Burns
Executive Vice President
SCHEDULE A
INVESTMENT COMPANY FUND & CLASS; TITAN NUMBER
Franklin Gold Fund Franklin Gold Fund - Class II; 232
Franklin Equity Fund Franklin Equity Fund - Class II; 234
Franklin Custodian Funds, Inc. Growth Series - Class II; 206
Utilities Series - Class II;
207
Income Series - Class II; 209
U.S. Government Securities
Series - Class II; 210
Franklin California Tax-Free Franklin California Tax-Free Income
Income Fund, Inc. Fund - Class II; 212
Franklin New York Tax-Free Franklin New York Tax-Free Income
Income Fund, Inc. Fund - Class II; 215
Franklin Federal Tax-Free Franklin Federal Tax-Free Income
Income Fund Fund -Class II; 216
Franklin Managed Trust Franklin Rising Dividends
Fund - Class II; 258
Franklin California Tax-Free Franklin California Insured Tax-Free
Trust
Income Fund - Class II; 224
Franklin New York Tax-Free Trust Franklin New York Insured Tax-Free
Income Fund - Class II; 281
Franklin Investors Securities Franklin Global Government Income
Trust
Fund - Class II; 235
Franklin Equity Income
Fund - Class II; 239
Franklin Strategic Series Franklin Global Utilities
Fund - Class II; 297
Franklin Real Estate Securities Franklin Real Estate Securities
Trust
Fund - Class II; 292
INVESTMENT COMPANY FUND AND CLASS; TITAN NUMBER
Franklin Tax-Free Franklin Alabama Tax-Free Income Fund - Class II;
264
Trust Franklin Arizona Tax-Free Income Fund - Class II;
226
Franklin Colorado Tax-Free Income Fund - Class
II; 227
Franklin Connecticut Tax Free Income
Fund - Class II; 266
Franklin Florida Tax-Free Income Fund - Class II;
265
Franklin Georgia Tax-Free Income Fund - Class II;
228
Franklin High Yield Tax-Free Income Fund - Class
II; 230
Franklin Insured Tax-Free Income Fund - Class II;
221
Franklin Louisiana Tax-Free Income Fund - Class
II; 268
Franklin Maryland Tax-Free Income Fund - Class
II; 269
Franklin Massachusetts Insured Tax-Free Income
Fund - Class II; 218
Franklin Michigan Insured Tax-Free Income
Fund - Class II; 219
Franklin Minnesota Insured Tax-Free Income
Fund - Class II; 220
Franklin Missouri Tax-Free Income Fund - Class
II; 260
Franklin New Jersey Tax-Free Income
Fund - Class II; 271
Franklin North Carolina Tax-Free Income
Fund - Class II; 270
Franklin Ohio Insured Tax-Free Income
Fund - Class II; 222
Franklin Oregon Tax-Free Income Fund - Class II;
261
Franklin Pennsylvania Tax-Free Income
Fund - Class II; 229
Franklin Puerto Rico Tax-Free Income
Fund - Class II; 223
Franklin Texas Tax-Free Income Fund - Class II;
262
Franklin Virginia Tax-Free Income Fund - Class
II; 263
