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:           811-10331          

          BlackRock California Municipal Income Trust          
(Exact name of registrant as specified in charter)

100 Bellevue Parkway, Wilmington, DE 
19809 
(Address of principal executive offices) 
(Zip code) 

Robert S. Kapito, President
BlackRock California Municipal Income Trust
                                        40 East 52nd Street, New York, NY 10022                                        
(Name and address of agent for service)

Registrant's telephone number, including area code:          888-825-2257                    

Date of fiscal year end:          October 31, 2006
Date of reporting period:         January 31, 2006

Item 1. Schedule of Investments.

The Registrant’s unaudited schedule of investments as of the close of the reporting period pursuant to Rule 30b1-5 under the Investment Company Act of 1940 is as follows:

PORTFOLIO OF INVESTMENTS
JANUARY 31, 2006 (unaudited)

BlackRock California Municipal Income Trust (BFZ)
                     
 
Principal
           
 
Amount
      Option Call    
 
Rating1
(000)
 
Description
  Provisions2  
Value
 
          LONG-TERM INVESTMENTS—153.6%        
            California—132.1%        
            Anaheim Pub. Fin. Auth., Pub. Impvt. Proj.,        
  AAA   $24,500        Ser. C, Zero Coupon, 9/01/31, FSA   No Opt. Call   $  7,173,845  
  AAA   6,070        Ser. C, Zero Coupon, 9/01/32, FSA   No Opt. Call   1,685,275  
            California, GO,        
  A   10,000        5.50%, 11/01/33   11/13 @ 100   10,899,500  
  AAA   5,500        Ser. BZ, 5.35%, 12/01/21, MBIA   06/07 @ 101   5,557,035  
  AAA   5,000        Ser. BZ, 5.375%, 12/01/24, MBIA   06/07 @ 101   5,036,000  
  A+   9,460     Chula Vista Ca Indl. Dev. Rev., 5.00%, 12/01/27   12/15 @ 102   9,577,399  
  BBB   5,000     Cnty. Tobacco Sec. Agcy., Stanislaus Fdg., Ser. A, 5.875%, 6/01/43   06/12 @ 100   5,189,700  
            Dept. of Wtr. Res., Pwr. Sply. Rev.,        
  A   4,000 3,4      Ser. A, 5.375%, 5/01/12   N/A   4,435,160  
  A   6,000 3      Ser. A, 5.375%, 5/01/12   N/A   6,652,740  
  AAA   4,000     East Bay Mun. Util. Dist. Wtr. Sys., Ser. A, 5.00%, 6/01/35   06/15 @ 100   4,172,440  
  AAA   10,000     Edl. Facs. Auth., Stanford Univ. Proj., Ser. Q, 5.25%, 12/01/32   06/11 @ 101   10,590,900  
  AAA   6,000     El Monte Sr. Dept. of Pub. Svcs., Fac. Phase II, COP, 5.25%, 1/01/34, AMBAC   01/11 @ 100   6,268,620  
            Elk Grove Unified Sch. Dist., Cmnty. Facs. Dist. 1, Spec. Tax,        
  AAA   7,485        Zero Coupon, 12/01/29, AMBAC   12/11 @ 37.373   2,082,252  
  AAA   7,485        Zero Coupon, 12/01/30, AMBAC   12/11 @ 35.365   1,966,459  
  AAA   7,485        Zero Coupon, 12/01/31, AMBAC   12/11 @ 33.465   1,857,028  
            Foothill/Eastn. Transp. Corridor Agcy., Toll Road Rev.,        
  BBB   5,000        Zero Coupon, 1/15/26   01/14 @ 101   4,321,200  
  BBB   5,000        Zero Coupon, 1/15/33   01/10 @ 25.78   1,024,000  
  BBB   5,000        Zero Coupon, 1/15/34   01/10 @ 24.228   962,200  
  BBB   13,445        Zero Coupon, 1/15/35   01/10 @ 22.819   2,436,100  
  BBB   1,000        Zero Coupon, 1/15/38   01/10 @ 19.014   150,750  
  BBB   10,030        5.75%, 1/15/40   01/10 @ 101   10,222,074  
            Golden St. Tobacco Sec. Corp.,        
  A-   13,500        Ser. A, 5.00%, 6/01/45   06/15 @ 100   13,632,705  
  BBB   2,000        Ser. A-1, 6.625%, 6/01/40   06/13 @ 100   2,228,420  
  BBB   1,000        Ser. A-1, 6.75%, 6/01/39   06/13 @ 100   1,125,170  
  AAA   10,200 3      Ser. B, 5.50%, 6/01/13   N/A   11,340,768  
  AAA   5,800 3      Ser. B, 5.625%, 6/01/13   N/A   6,494,782  
            Hlth. Facs. Fin. Auth.,        
  A   3,000        Insured Hlth. Facs., Valleycare Proj., Ser. A, 5.375%, 5/01/27   05/12 @ 100   3,161,340  
  A   15,250        J. David Gladstone Inst. Proj., 5.25%, 10/01/34   10/11 @ 101   15,566,590  
  AAA   4,890 5      Kaiser Proj., Ser. A, 5.40%, 5/01/28   ETM   5,012,250  
            Infrastructure & Econ. Dev.,        
  AAA   20,035        Bay Area Toll Brdgs. Proj., Ser. A, 5.00%, 7/01/36, AMBAC   07/13 @ 100   20,788,717  
  A+   13,500        Kaiser Hosp. Asst. LLC Proj., Ser. A, 5.55%, 8/01/31   08/11 @ 102   14,252,625  
  NR   4,965     Irvine Mobile Home Park, Meadows Mobile Home Park Proj., Ser. A, 5.70%, 3/01/28   03/08 @ 102   4,959,489  
  A3   7,700     Kaweah Delta Hlth. Care Dist., 6.00%, 8/01/34   08/12 @ 102   8,314,537  
            Lathrop Fin. Auth., Wtr. Sply. Proj.,        
  NR   2,855        5.90%, 6/01/27   06/13 @ 100   3,012,396  
  NR   5,140        6.00%, 6/01/35   06/13 @ 100   5,449,479  
            Live Oak Unified Sch. Dist., Cap. Apprec. Election 2004,        
  AAA   985        Zero Coupon, 8/01/35, XLCA   08/18 @ 39.952   205,707  
  AAA   1,030        Zero Coupon, 8/01/36, XLCA   08/18 @ 37.743   203,209  
  AAA   1,080        Zero Coupon, 8/01/37, XLCA   08/18 @ 35.649   207,306  
  AAA   1,125        Zero Coupon, 8/01/38, XLCA   08/18 @ 33.665   196,774  
  AAA   1,175        Zero Coupon, 8/01/39, XLCA   08/18 @ 31.785   194,040  
  AAA   1,230        Zero Coupon, 8/01/40, XLCA   08/18 @ 30.004   191,732  
  AAA   1,285        Zero Coupon, 8/01/41, XLCA   08/18 @ 28.317   189,049  
  AAA   1,340        Zero Coupon, 8/01/42, XLCA   08/18 @ 26.72   186,019  
  AAA   1,400        Zero Coupon, 8/01/43, XLCA   08/18 @ 25.208   182,238  
  AAA   1,465        Zero Coupon, 8/01/44, XLCA   08/18 @ 23.777   179,873  
  AAA   4,000     Los Angeles Dept. of Wtr. & Pwr. Sys., 5.00%, 7/01/35, FSA   07/15 @ 100   4,173,760  
  B-   4,110     Los Angeles Regl. Arpt. Impvt., Corp. Lease Rev., Amer. Airlines, Inc. Proj.,        
               Ser. C, 7.50%, 12/01/24   12/12 @ 102   4,249,165  
  BBB+   1,000     Palm Springs Mobile Home Park, Sahara Mobile Home Park Proj., 5.625%, 5/15/26   05/12 @ 102   1,045,330  
  BBB   2,290     Poll. Ctrl. Sld. Wst., Wst. Mgmt., Inc. Proj., Ser. A-2, 5.40%, 4/01/25   04/15 @ 101   2,404,958  
  NR   4,000     Rancho Cucamonga Cmnty. Facs. Dist., Ser. A, 6.50%, 9/01/33   09/13 @ 100   4,201,040  
  AAA   15,500     Rancho Cucamonga Redev. Agcy., Tax Alloc. Rev., Rancho Redev. Proj., 5.125%, 9/01/30, MBIA   09/11 @ 100   16,011,190  

 

1

BlackRock California Municipal Income Trust (BFZ) (continued)
                     
 
Principal
           
 
Amount
      Option Call    
 
Rating1
(000)
 
Description
  Provisions2  
Value
 
            California—(cont’d)      
  AAA   $ 1,905     Richmond Wst. & Wtr., Zero Coupon, 8/01/31, FGIC   No Opt. Call   $   560,051  
  AAA   6,500     San Francisco City & Cnty. Arpt. Comm., Intl. Arpt. Rev., Ser. 27-A, 5.25%, 5/01/31, MBIA   05/11 @ 100   6,752,720  
            San Francisco City & Cnty. Redev. Agcy.,        
  NR   1,775        Cmnty. Facs. Dist., Mission Bay South Proj., 6.125%, 8/01/31   08/09 @ 102   1,854,201  
  NR   7,500        Cmnty. Facs. Dist., Mission Bay South Proj., 6.25%, 8/01/33   08/11 @ 101   7,950,600  
            San Jose Multi-Fam. Hsg.,        
  AAA   2,880        Lenzen Hsg. Proj., Ser. B, 5.45%, 2/20/43   08/11 @ 102   2,964,211  
  AAA   3,595        Vlgs. Pkwy. Sr. Apts. Proj., Ser. D, 5.50%, 4/01/34   04/11 @ 100   3,680,525  
  AAA   1,000     San. Diego Cmnty. Coll., 5.00%, 5/01/30, FSA   05/15 @ 100   1,044,480  
            Santa Clara Cnty. Hsg. Auth., Multi-Fam. Hsg.,        
  A3   1,715        John Burns Gardens Apts. Proj., Ser. A, 5.85%, 8/01/31   02/12 @ 101   1,749,454  
  A3   1,235        River Town Apts. Proj., Ser. A, 6.00%, 8/01/41   02/12 @ 101   1,267,493  
  NR   3,075     Santa Clarita Facs. Dist., Valencia Town Ctr. Proj., 5.85%, 11/15/32   11/10 @ 102   3,155,288  
            Statewide Cmnty. Dev. Auth.,        
  BBB+   4,000        Daughters of Charity Hlth. Proj., Ser. A, 5.25%, 7/01/30   07/15 @ 100   4,071,160  
  AA-   10,000        Sutter Hlth. Oblig. Grp. Proj., Ser. B, 5.625%, 8/15/42   08/12 @ 100   10,463,500  
  AAA   2,000     Upland Unified Sch. Dist., GO, Ser. B, 5.125%, 8/01/25, FSA   08/13 @ 100   2,121,860  
  NR   2,245     Val Verde Unified Sch. Dist. Fin. Auth., Spec. Tax Rev., 6.25%, 10/01/28   10/13 @ 102   2,353,770  
  AAA   2,000 3   Vernon Elec. Sys., Malburg Generating Station Proj., 5.50%, 4/01/08   N/A   2,095,640  
                    303,706,288  
            Multi-State—9.7%        
            Charter Mac Equity Issuer Trust,        
  A3   7,000 6      Ser. A-2, 6.30%, 6/30/49   06/09 @ 100   7,384,650  
  Baa1   4,000 6      Ser. B-1, 6.80%, 11/30/50   11/10 @ 100   4,313,800  
            MuniMae TE Bond Subsidiary, LLC,      
  A3   7,000 6      Ser. A-1, 6.30%, 6/30/49   06/09 @ 100   7,375,620  
  Baa1   3,000 6      Ser. B-1, 6.80%, 6/30/50   11/10 @ 100   3,256,890  
                    22,330,960  
            Puerto Rico—11.8%        
  A-   10,000     Elec. Pwr. Auth., Ser. 2, 5.25%, 7/01/31   07/12 @ 101   10,416,600  
            Pub. Fin. Corp.,        
  Aaa   10,000 3      Ser. E, 5.70%, 2/01/10   N/A   10,821,200  
  Aaa   5,750 3      Ser. E, 5.75%, 2/01/07   N/A   5,894,095  
                    27,131,895  
            Total Long-Term Investments (cost $333,579,213)       353,169,143  
    Shares            
      (000)            
            MONEY MARKET FUND—2.2%        
     
5,150
    AIM Tax Free Investment Co. Cash Reserve Portfolio   N/A   5,150,000  
            Total Investments—155.8% (cost $338,729,2137)       $ 358,319,143  
            Other assets in excess of liabilities—1.6%       3,711,068  
            Preferred shares at redemption value, including dividends payable—(57.4)%       (132,012,359 )
            Net Assets Applicable to Common Shareholders—100%       $ 230,017,852  
   
 
1  Using the higher of Standard & Poor’s, Moody’s Investors Service or Fitch ratings.
2   Date (month/year) and price of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates.
3 This bond is prerefunded. U.S. government securities, held in escrow, are used to pay interest on this security, as well as retire the bond in full at the date
  indicated, typically at a premium to par.
4  Security, or a portion thereof, pledged as collateral with a value of $1,683,342 on 252 short U.S. Treasury Note futures contracts expiring March 2006
  and 338 short U.S. Treasury Bond futures contracts expiring March 2006. The value of such contracts on January 31, 2006 was $65,467,438, with an
  unrealized gain of $30,948.
5   Security is collateralized by U.S. Treasury obligations.
6 Security is not registered under the Securities Act of 1933. These securities may be resold in transactions in accordance with Rule 144A under that Act,
  to qualified institutional buyers. As of January 31, 2006, the Trust held 9.7% of its net assets, with a current market value of $22,330,960,
  in securities restricted as to resale
7 Cost for Federal income tax purposes is $340,922,576. The net unrealized appreciation on a tax basis is $17,396,567, consisting of
  $17,704,748 gross unrealized appreciation and $308,181 gross unrealized depreciation.

KEY TO ABBREVIATIONS
AMBAC   — American Municipal Bond Assurance Corp.   FSA — Financial Security Assurance  
COP   — Certificate of Participation   GO — General Obligation  
ETM   — Escrowed to Maturity   MBIA — Municipal Bond Insurance Assoc.  
FGIC   — Financial Guaranty Insurance Co.   XLCA — XL Capital Assurance

2

Item 2. Controls and Procedures.

(a) The Registrant's principal executive and principal financial officers have evaluated the Registrant's disclosure controls and procedures within 90 days of this filing and have concluded, as of that date, that the Registrant’s disclosure controls and procedures were reasonably designed to ensure that information required to be disclosed by the Registrant in this Form N-Q was recorded, processed, summarized, and reported within the required time periods and that information to be disclosed by the Registrant in this Form N-Q was 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 in the Registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a -3(d)) that occurred during the Registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Registrant's internal control over financial reporting.

Item 3. Exhibits.

Separate certifications of the Registrant’s Principal Executive and Financial Officers pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 are attached as EX-99.CERT.

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.

(Registrant)      BlackRock California Municipal Income Trust     

By:      /s/ Henry Gabbay                                                                      
Name: Henry Gabbay
Title: Treasurer and Principal Financial Officer
Date: March 31, 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/ Robert S. Kapito                                                                  
Name: Robert S. Kapito
Title: President and Principal Executive Officer
Date: March 31, 2006

By:      /s/ Henry Gabbay                                                                      
Name: Henry Gabbay
Title: Treasurer and Principal Financial Officer
Date: March 31, 2006