content: SECURITIES AND EXCHANGE COMMISSION
  
                               Washington, D.C. 20549
  
                                      FORM 8-K
  
                                   CURRENT REPORT
  
       Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  
  
          Date of Report (Date of earliest event reported): August 14, 2006
                                                            ---------------
  
                         ATEL Cash Distribution Fund V, L.P.
  --------------------------------------------------------------------------------
               (Exact name of registrant as specified in its charter)
  
  
          California                000-23842                      94-3165807
  --------------------------------------------------------------------------------
  (State or other jurisdiction     (Commission                   (IRS Employer
       of incorporation)           File Number)                Identification No.)
  
  
       600 California Street, 6th Floor, San Francisco, California 94108-2733
  --------------------------------------------------------------------------------
               (Address of principal executive offices)            (Zip Code)
  
  
         Registrant's telephone number, including area code: (415) 989-8800
                                                             --------------
  
                                         N/A
      -------------------------------------------------------------------------
            (Former name or former address, if changed since last report)
  
  
  
  <PAGE>
  
  
  
  Item 5.02
  
           (c) On August 14, 2006, Samuel Schussler, age 53, was appointed Chief
  Accounting Officer of ATEL Capital Group and its affiliates, including ATEL
  Financial Services, LLC, the Registrant's General Partner. Mr. Schussler will,
  by virtue of his position with the Registrant's General Partner, act as the
  Registrant's Chief Accounting Officer.
  
           Mr. Schussler served as senior vice president - finance for Velocity
  Express Corporation, Westport, Connecticut, from 2004 through March of 2006.
  From 2001 through 2003, he served as chief operating officer and chief financial
  officer of New Century Packaging LLC in Scottsdale, Arizona. From 1999 through
  2001, Mr. Schussler served as vice president - finance and chief financial
  officer of Biogenix Laboratories, Inc. in San Ramon, California.
  
  
  
  SIGNATURES
  
  Pursuant to the requirements of the Securities Exchange Act of 1934, the
  registrant has duly caused this report to be signed on its behalf by the
  undersigned thereunto duly authorized.
  
  Dated:   August 16, 2006
  
  
               ATEL Cash Distribution Fund V, L.P.
  
                       By: ATEL Financial Services, LLC,
                       a California limited liability company,
                       General Partner
  
                                By:  ATEL Leasing Corporation, Manager
  
                                         By:   /s/ PARITOSH K. CHOKSI
                                               -------------------------------
                                               Paritosh K. Choksi, Executive
                                               Vice President, Chief Financial
                                               Officer and Chief Operating Officer
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metadata_filer: {"company-data": {"conformed-name": "ATEL CASH DISTRIBUTION FUND V L P", "cik": "0000892875", "assigned-sic": "7359", "irs-number": "943165807", "state-of-incorporation": "CA", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-23842", "film-number": "061039252"}, "business-address": {"street1": "600 CALIFORNIA ST 6TH FLR", "city": "SAN FRANCISCO", "state": "CA", "zip": "94108", "phone": "4159898800"}, "mail-address": {"street1": "600 CALIFORNIA ST", "street2": "6TH FL", "city": "SAN FRANCISCO", "state": "CA", "zip": "94108"}}
text: SECURITIES AND EXCHANGE COMMISSION
  
                               Washington, D.C. 20549
  
                                      FORM 8-K
  
                                   CURRENT REPORT
  
       Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  
          Date of Report (Date of earliest event reported): August 14, 2006
                                                            ---------------
  
                         ATEL Cash Distribution Fund V, L.P.
  --------------------------------------------------------------------------------
               (Exact name of registrant as specified in its charter)
  
          California                000-23842                      94-3165807
  --------------------------------------------------------------------------------
  (State or other jurisdiction     (Commission                   (IRS Employer
       of incorporation)           File Number)                Identification No.)
  
       600 California Street, 6th Floor, San Francisco, California 94108-2733
  --------------------------------------------------------------------------------
               (Address of principal executive offices)            (Zip Code)
  
         Registrant's telephone number, including area code: (415) 989-8800
                                                             --------------
  
                                         N/A
      -------------------------------------------------------------------------
            (Former name or former address, if changed since last report)
  Item 5.02
  
           (c) On August 14, 2006, Samuel Schussler, age 53, was appointed Chief
  Accounting Officer of ATEL Capital Group and its affiliates, including ATEL
  Financial Services, LLC, the Registrant's General Partner. Mr. Schussler will,
  by virtue of his position with the Registrant's General Partner, act as the
  Registrant's Chief Accounting Officer.
  
           Mr. Schussler served as senior vice president - finance for Velocity
  Express Corporation, Westport, Connecticut, from 2004 through March of 2006.
  From 2001 through 2003, he served as chief operating officer and chief financial
  officer of New Century Packaging LLC in Scottsdale, Arizona. From 1999 through
  2001, Mr. Schussler served as vice president - finance and chief financial
  officer of Biogenix Laboratories, Inc. in San Ramon, California.
  
  SIGNATURES
  
  Pursuant to the requirements of the Securities Exchange Act of 1934, the
  registrant has duly caused this report to be signed on its behalf by the
  undersigned thereunto duly authorized.
  
  Dated:   August 16, 2006
  
               ATEL Cash Distribution Fund V, L.P.
  
                       By: ATEL Financial Services, LLC,
                       a California limited liability company,
                       General Partner
  
                                By:  ATEL Leasing Corporation, Manager
  
                                         By:   /s/ PARITOSH K. CHOKSI
                                               -------------------------------
                                               Paritosh K. Choksi, Executive
                                               Vice President, Chief Financial
                                               Officer and Chief Operating Officer