<PAGE> PAGE 1
000 B000000 07/31/98
000 C000000 0000837441
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 OPPENHEIMER CALIFORNIA MUNICIPAL FUND
001 B000000 811-5586
001 C000000 2123230200
002 A000000 TWO WORLD TRADE CENTER
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10048
002 D020000 0203
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A000001 OPPENHEIMERFUNDS, INC.
008 B000001 A
008 C000001 801-8253
008 D010001 NEW YORK
008 D020001 NY
008 D030001 10048
008 D040001 0203
011 A000001 OPPENHEIMERFUNDS DISTRIBUTOR, INC.
011 B000001 8-22992
011 C010001 NEW YORK
011 C020001 NY
011 C030001 10048
011 C040001 0203
012 A000001 OPPENHEIMERFUNDS SERVICES
012 B000001 84-1562
012 C010001 ENGLEWOOD
012 C020001 CO
012 C030001 80112
<PAGE> PAGE 2
012 C040001 3924
013 A000001 KPMG PEAT MARWICK LLP
013 B010001 DENVER
013 B020001 CO
013 B030001 80202
015 A000001 CITIBANK, N.A.
015 B000001 C
015 C010001 NEW YORK
015 C020001 NY
015 C030001 10154
015 E010001 X
018 000000 Y
019 A000000 Y
019 B000000 46
019 C000000 OPPENHEIMR
020 A000001 SMITH BARNEY, HARRIS UPHAM & CO., INC.
020 B000001 13-3371860
020 C000001 69
020 A000002 FIRST BOSTON CORP. (THE)
020 B000002 13-5659485
020 C000002 13
020 A000003 R.J. OBRIEN SECURITIES
020 B000003 36-3233364
020 C000003 12
020 A000004 MERRILL LYNCH, PIERCE, FENNER, & SMITH, INC.
020 B000004 13-5674085
020 C000004 5
020 A000005 SUTRO & CO., INC.
020 B000005 94-1704902
020 C000005 3
020 A000006 PAINEWEBBER, INC.
020 B000006 13-2638166
020 C000006 2
020 A000007 GOLDMAN, SACHS & CO.
020 B000007 13-5108880
020 C000007 2
020 A000008 DEUTSCHE BANK
020 B000008 13-2730828
020 C000008 1
020 C000009 0
020 C000010 0
021 000000 107
022 A000001 PAINEWEBBER, INC.
022 B000001 13-2638166
022 C000001 27025
022 D000001 7597
022 A000002 BEAR STEARNS & CO., INC.
022 B000002 13-3299429
022 C000002 13650
022 D000002 20599
022 A000003 MORGAN GUARANTY TRUST CO.
<PAGE> PAGE 3
022 B000003 13-5123346
022 C000003 19500
022 D000003 14600
022 A000004 STONE AND YOUNGBERG
022 B000004 94-1052545
022 C000004 29200
022 D000004 3943
022 A000005 MERRILL LYNCH, PIERCE, FENNER, & SMITH, INC.
022 B000005 13-5674085
022 C000005 18786
022 D000005 11710
022 A000006 SMITH BARNEY, HARRIS UPHAM & CO., INC.
022 B000006 13-3371860
022 C000006 14148
022 D000006 10528
022 A000007 SUTRO & CO., INC.
022 B000007 94-1704902
022 C000007 13347
022 D000007 4785
022 A000008 GOLDMAN, SACHS & CO.
022 B000008 13-5108880
022 C000008 11568
022 D000008 2827
022 A000009 BANK OF AMERICA NT & SA
022 B000009 94-1687665
022 C000009 7450
022 D000009 3629
022 A000010 LEHMAN BROTHERS, INC.
022 B000010 13-2518466
022 C000010 1321
022 D000010 9295
023 C000000 235327
023 D000000 145163
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 Y
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
<PAGE> PAGE 4
027 000000 Y
028 A010000 7974
028 A020000 939
028 A030000 0
028 A040000 5988
028 B010000 8539
028 B020000 959
028 B030000 0
028 B040000 7205
028 C010000 9189
028 C020000 961
028 C030000 0
028 C040000 8398
028 D010000 8226
028 D020000 965
028 D030000 0
028 D040000 5147
028 E010000 12475
028 E020000 961
028 E030000 0
028 E040000 6766
028 F010000 9053
028 F020000 984
028 F030000 0
028 F040000 6999
028 G010000 55456
028 G020000 5769
028 G030000 0
028 G040000 40503
028 H000000 24014
029 000000 Y
030 A000000 922
030 B000000 4.75
030 C000000 0.00
031 A000000 141
031 B000000 0
032 000000 781
033 000000 0
034 000000 Y
035 000000 270
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 0
042 D000000 100
<PAGE> PAGE 5
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 1806
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.000
048 A010000 200000
048 A020000 0.600
048 B010000 100000
048 B020000 0.550
048 C010000 200000
048 C020000 0.500
048 D010000 250000
048 D020000 0.450
048 E010000 250000
048 E020000 0.400
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
048 J020000 0.000
048 K010000 1000000
048 K020000 0.350
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 N
054 A000000 Y
054 B000000 Y
054 C000000 Y
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 Y
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 Y
054 M000000 Y
054 N000000 N
<PAGE> PAGE 6
054 O000000 Y
055 A000000 Y
055 B000000 N
056 000000 N
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 N
060 B000000 N
061 000000 25
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
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 101.1
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 0
063 B000000 9.9
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 N
070 B010000 N
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 Y
070 E020000 Y
070 F010000 N
070 F020000 N
070 G010000 Y
070 G020000 Y
<PAGE> PAGE 7
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 N
070 K020000 N
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 Y
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 171617
071 B000000 125867
071 C000000 409029
071 D000000 31
072 A000000 12
072 B000000 23658
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 2276
072 G000000 0
072 H000000 0
072 I000000 207
072 J000000 19
072 K000000 27
072 L000000 39
072 M000000 90
072 N000000 12
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 18
072 S000000 14
072 T000000 1806
072 U000000 0
072 V000000 0
072 W000000 14
072 X000000 4522
072 Y000000 0
<PAGE> PAGE 8
072 Z000000 19136
072AA000000 5660
072BB000000 6780
072CC010000 3444
072CC020000 0
072DD010000 14733
072DD020000 4147
072EE000000 2821
073 A010000 0.5436
073 A020000 0.4607
073 B000000 0.0774
073 C000000 0.0000
074 A000000 869
074 B000000 0
074 C000000 0
074 D000000 432080
074 E000000 0
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 556
074 K000000 0
074 L000000 6357
074 M000000 10
074 N000000 439872
074 O000000 10790
074 P000000 196
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 1384
074 S000000 0
074 T000000 427502
074 U010000 27538
074 U020000 10568
074 V010000 10.92
074 V020000 10.92
074 W000000 0.0000
074 X000000 7945
074 Y000000 37076
075 A000000 0
075 B000000 405252
076 000000 0.00
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
<PAGE> PAGE 9
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 Y
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
080 A000000 ICI MUTUAL INSURANCE CO.
080 C000000 85000
081 A000000 Y
081 B000000 95
082 A000000 N
082 B000000 0
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 GEORGE C. BOWEN
TITLE TREASURER
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 837441
<NAME> OPPENHEIMER CALIFORNIA MUNICIPAL FUND-A
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> JUL-31-1998
<PERIOD-START> AUG-01-1997
<PERIOD-END> JUL-31-1998
<INVESTMENTS-AT-COST> 403,735,430
<INVESTMENTS-AT-VALUE> 432,080,462
<RECEIVABLES> 6,913,295
<ASSETS-OTHER> 9,532
<OTHER-ITEMS-ASSETS> 868,959
<TOTAL-ASSETS> 439,872,248
<PAYABLE-FOR-SECURITIES> 10,790,303
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,580,150
<TOTAL-LIABILITIES> 12,370,453
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 400,975,901
<SHARES-COMMON-STOCK> 27,537,971
<SHARES-COMMON-PRIOR> 27,257,122
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 859,305
<ACCUMULATED-NET-GAINS> (1,015,114)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 28,400,313
<NET-ASSETS> 300,717,304
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 23,657,945
<OTHER-INCOME> 0
<EXPENSES-NET> 4,521,486
<NET-INVESTMENT-INCOME> 19,136,459
<REALIZED-GAINS-CURRENT> (1,120,364)
<APPREC-INCREASE-CURRENT> 3,444,127
<NET-CHANGE-FROM-OPS> 21,460,222
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 14,732,831
<DISTRIBUTIONS-OF-GAINS> 2,092,323
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,625,371
<NUMBER-OF-SHARES-REDEEMED> 5,266,312
<SHARES-REINVESTED> 921,790
<NET-CHANGE-IN-ASSETS> 40,897,163
<ACCUMULATED-NII-PRIOR> 966,465
<ACCUMULATED-GAINS-PRIOR> 2,801,325
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,275,703
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4,521,486
<AVERAGE-NET-ASSETS> 297,372,000
<PER-SHARE-NAV-BEGIN> 10.94
<PER-SHARE-NII> 0.54
<PER-SHARE-GAIN-APPREC> 0.06
<PER-SHARE-DIVIDEND> 0.54
<PER-SHARE-DISTRIBUTIONS> 0.08
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.92
<EXPENSE-RATIO> 0.92
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 837441
<NAME> OPPENHEIMER CALIFORNIA MUNICIPAL FUND-B
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> JUL-31-1998
<PERIOD-START> AUG-01-1997
<PERIOD-END> JUL-31-1998
<INVESTMENTS-AT-COST> 403,735,430
<INVESTMENTS-AT-VALUE> 432,080,462
<RECEIVABLES> 6,913,295
<ASSETS-OTHER> 9,532
<OTHER-ITEMS-ASSETS> 868,959
<TOTAL-ASSETS> 439,872,248
<PAYABLE-FOR-SECURITIES> 10,790,303
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,580,150
<TOTAL-LIABILITIES> 12,370,453
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 400,975,901
<SHARES-COMMON-STOCK> 10,567,970
<SHARES-COMMON-PRIOR> 7,536,586
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 859,305
<ACCUMULATED-NET-GAINS> (1,015,114)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 28,400,313
<NET-ASSETS> 115,444,395
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 23,657,945
<OTHER-INCOME> 0
<EXPENSES-NET> 4,521,486
<NET-INVESTMENT-INCOME> 19,136,459
<REALIZED-GAINS-CURRENT> (1,120,364)
<APPREC-INCREASE-CURRENT> 3,444,127
<NET-CHANGE-FROM-OPS> 21,460,222
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 4,147,106
<DISTRIBUTIONS-OF-GAINS> 677,374
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,871,772
<NUMBER-OF-SHARES-REDEEMED> 1,120,147
<SHARES-REINVESTED> 279,759
<NET-CHANGE-IN-ASSETS> 40,897,163
<ACCUMULATED-NII-PRIOR> 966,465
<ACCUMULATED-GAINS-PRIOR> 2,801,325
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,275,703
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4,521,486
<AVERAGE-NET-ASSETS> 99,266,000
<PER-SHARE-NAV-BEGIN> 10.94
<PER-SHARE-NII> 0.46
<PER-SHARE-GAIN-APPREC> 0.06
<PER-SHARE-DIVIDEND> 0.46
<PER-SHARE-DISTRIBUTIONS> 0.08
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.92
<EXPENSE-RATIO> 1.67
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 837441
<NAME> OPPENHEIMER CALIFORNIA MUNICIPAL FUND-C
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> JUL-31-1998
<PERIOD-START> AUG-01-1997
<PERIOD-END> JUL-31-1998
<INVESTMENTS-AT-COST> 403,735,430
<INVESTMENTS-AT-VALUE> 432,080,462
<RECEIVABLES> 6,913,295
<ASSETS-OTHER> 9,532
<OTHER-ITEMS-ASSETS> 868,959
<TOTAL-ASSETS> 439,872,248
<PAYABLE-FOR-SECURITIES> 10,790,303
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,580,150
<TOTAL-LIABILITIES> 12,370,453
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 400,975,901
<SHARES-COMMON-STOCK> 1,039,758
<SHARES-COMMON-PRIOR> 546,266
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 859,305
<ACCUMULATED-NET-GAINS> (1,015,114)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 28,400,313
<NET-ASSETS> 11,340,096
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 23,657,945
<OTHER-INCOME> 0
<EXPENSES-NET> 4,521,486
<NET-INVESTMENT-INCOME> 19,136,459
<REALIZED-GAINS-CURRENT> (1,120,364)
<APPREC-INCREASE-CURRENT> 3,444,127
<NET-CHANGE-FROM-OPS> 21,460,222
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 359,910
<DISTRIBUTIONS-OF-GAINS> 51,258
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 697,841
<NUMBER-OF-SHARES-REDEEMED> 233,849
<SHARES-REINVESTED> 29,500
<NET-CHANGE-IN-ASSETS> 40,897,163
<ACCUMULATED-NII-PRIOR> 966,465
<ACCUMULATED-GAINS-PRIOR> 2,801,325
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,275,703
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4,521,486
<AVERAGE-NET-ASSETS> 8,614,000
<PER-SHARE-NAV-BEGIN> 10.93
<PER-SHARE-NII> 0.46
<PER-SHARE-GAIN-APPREC> 0.06
<PER-SHARE-DIVIDEND> 0.46
<PER-SHARE-DISTRIBUTIONS> 0.08
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.91
<EXPENSE-RATIO> 1.66
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
Material Reclassification
As of November 4, 1997, in order to conform book and tax bases, the Fund began
amortization of premiums on securities for book purposes. Such cumulative
change was limited to a reclassification adjustment and had no impact on net
assets or total increase (decrease) in net assets. Accordingly, during
the year ended July 31, 1998, amounts have been reclassified to reflect an
increase in net unrealized appreciation on investments of $2,700,126. Paid-in
capital was decreased by the same amount. For bonds acquired after April 30,
1993, on disposition or maturity, taxable ordinary income is recognized to the
extent of the lesser of gain or market discount that would have accrued over the
holding period. Realized gains and losses on investments and unrealized
appreciation and depreciation are determined on an identified cost basis, which
is the same basis used for federal income tax purposes.
Return of Capital
The Fund adjusts the classification of distributions to shareholders to reflect
the differences between financial statement amounts and distributions determined
in accordance with income tax regulations. Accordingly, during the year ended
July 31, 1998, amounts have been reclassified to reflect a decrease in
undistributed net investment income of $1,722,382, a decrease in accumulated net
realized loss on investments of $124,880, and an increase in paid-in capital of
$1,597,502.
The Board of Trustees and Shareholders of
Oppenheimer California Municipal Fund:
In planning and performing our audit of the financial statements of Oppenheimer
California Municipal Fund for the year ended July 31, 1998, we considered its
internal controls, including procedures for safeguarding securities, in order to
determine our auditing procedures for the purpose of expressing our opinion on
the financial statements and to comply with the requirements of Form N-SAR, not
to provide assurance on internal controls.
The management of Oppenheimer California Municipal Fund is responsible for
establishing and maintaining internal controls. In fulfilling this
responsibility, estimates and judgments by management are required to assess the
expected benefits and related costs of internal control policies and procedures.
Two of the objectives of internal controls 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 internal controls, errors or irregularities
may occur and may not be detected. Also, projection of any evaluation of
internal controls to future periods is subject to the risk that they may become
inadequate because of changes in conditions or that the effectiveness of the
design and operation may deteriorate.
Our consideration of internal controls would not necessarily disclose all
matters in internal controls 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 specific
internal control 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 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 internal controls, including
procedures for safeguarding securities, that we considered to be material
weaknesses as defined above as of July 31, 1998.
This report is intended solely for the information and use of management and the
Securities and Exchange Commission and should not be used for any other purpose.
KPMG Peat Marwick LLP
Denver, Colorado
August 21, 1998
<PAGE>