OPPENHEIMER CALIFORNIA MUNICIPAL FUND
24F-2NT, 1997-09-26
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                    U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 24F-2
                        Annual Notice of Securities Sold
                             Pursuant to Rule 24f-2


1.    Name and address of issuer:

      Oppenheimer California Municipal Fund
      Two World Trade Center
      New York, NY  10048

2.    Name of each series or class of funds for which this notice is filed:

      Class A shares, Class B shares, Class C shares

3.    Investment Company Act File Number: 811-5586

      Securities Act File Number:  33-23566

4.    Last day of fiscal year for which this notice is filed: 7/31/97

5.    Check box if this notice is being filed more than 180 days after the close
      of the  issuer's  fiscal year for purposes of  reporting  securities  sold
      after the close of the fiscal year but before  termination of the issuer's
      24f-2 declaration:                                                    /  /

6.    Date of termination of issuer's declaration under rule
      24f-2(a)(1), if applicable (see instruction a.6):   N/A

7.    Number and amount of securities of the same class or series which had been
      registered  under the  Securities  Act of 1933 other than pursuant to rule
      24f-2 in a prior fiscal year, but which  remained  unsold at the beginning
      of the fiscal year:

      -0-

8.    Number and amount of  securities  registered  during the fiscal year other
      than pursuant to rule 24f-2:

      -0-

                                     
<PAGE>



9.    Number and aggregate sale price of securities sold during the fiscal year:

      7,248,638         $77,380,743

10.   Number and aggregate sale price of securities  sold during the fiscal year
      in reliance upon registration pursuant to rule 24f-2:

      7,248,638         $77,380,743

11.   Number and  aggregate  sale price of  securities  issued during the fiscal
      year in connection  with dividend  reinvestment  plans, if applicable (see
      Instruction B.7):

      1,026,685         $10,814,963

12. Calculation of registration fee:

      (i)     Aggregate sale price of securities sold during the fiscal year in 
              reliance on rule 24f-2 (from Item 10): 
                                                                     $77,380,743
                                                                    ------------
      (ii)    Aggregate  price of shares  issued  in  connection  with  dividend
              reinvestment plans (from Item 11, if applicable): 
                                                                    +$10,814,963
                                                                    ------------
      (iii)   Aggregate  price of shares  redeemed  or  repurchased  during  the
              fiscal year (if applicable): 
                                                                    -$59,985,408
                                                                    ------------
      (iv)    Aggregate  price of shares  redeemed or repurchased and previously
              applied as a reduction to filing fees pursuant to rule 24e-2 (if 
              applicable):                     
                                                                        + -0-
                                                                    ------------
      (v)     Net  aggregate  price of  securities  sold and  issued  during the
              fiscal year in  reliance on rule 24f-2 (line (i),  plus line (ii),
              less line (iii), plus line (iv)) (if applicable): 
                                                                     $28,210,298
                                                                    ------------
      (vi)    Multiplier  prescribed  by Section 6(b) of the  Securities  Act of
              1933 or other applicable law or regulation (see Instruction C.6):

                                     

<PAGE>


                                                                        x 1/3300
                                                                    ------------
      (vii)   Fee due (line (i) or line (v) multiplied by line (vi)): 
                                                                           $8549
                                                                    ------------

Instruction:    Issuers should complete line (ii), (iii), (iv), and (v) only if 
                the form is being filed within 60 days after the close of the 
                issuer's fiscal year.  See Instructions C.3.

13.  Check box if fees are being remitted to the Commission's lockbox depository
     as described in section 3a of the  Commission's  Rule of Informal and Other
     Procedures (17 CFR 202.3a).                                           / X /

     Date of mailing or wire transfer of filing fees to the Commission's lockbox
     depository:

                September 25, 1997              Fed Wire #1522


                                   SIGNATURES

This  report has been  signed  below by the  following  persons on behalf of the
issuer and in the capacities and on the dates indicated.

                             By: /s/ Robert J. Bishop
                                 -------------------------------------
                                 Robert J. Bishop, Assistant Treasurer

Date: September 26, 1997

cc:   Ronald Feiman, Esq.
      Katherine Feld, Esq.
      Gloria LaFond

<PAGE>

                  GORDON ALTMAN BUTOWSKY WEITZEN SHALOV & WEIN
114 WEST 47TH STREET                                  NEW YORK, N.Y. 10036
TELEPHONE: (212) 626-0800                             TELECOPIER (212) 626-0799



                                    September 25, 1997



Oppenheimer California Municipal Fund
Two World Trade Center
New York, New York 10048

Ladies and Gentlemen:

      In connection with the public  offering of shares of beneficial  interest,
no par value  (the  "Shares")  of  Oppenheimer  California  Municipal  Fund (the
"Fund"),  we have examined such records and documents and have made such further
investigation and examination as we deemed necessary
for the purpose of this opinion.

      It is our  opinion  that the  Shares,  the  registration  of which is made
definite by the accompanying Rule 24f-2 Notice of the Fund, were legally issued,
fully  paid  and  non-assessable  by the  Fund to the  extent  set  forth in its
Prospectus  forming part of its Registration  Statement under the Securities Act
of 1933, as amended.

      We hereby consent to the filing of this opinion with said Notice.


                                    Very truly yours,

                                    /s/GORDON ALTMAN BUTOWSKY
                                       WEITZEN SHALOV & WEIN



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