AMENDMENT TO FUND ACCOUNTING AGREEMENT THIS AMENDMENT TO THE FUND ACCOUNTING AGREEMENT is made as of July 20, 2006, by and between INSTITUTIONAL DAILY INCOME FUND, a Massachusetts business trust (the "Fund"), and THE BANK OF NEW YORK, a New York...

                     AMENDMENT TO FUND ACCOUNTING AGREEMENT


                  THIS AMENDMENT TO THE FUND ACCOUNTING AGREEMENT is made as of
July 20, 2006, by and between INSTITUTIONAL DAILY INCOME FUND, a Massachusetts
business trust (the "Fund"), and THE BANK OF NEW YORK, a New York Corporation
authorized to do a banking business, shall be as follows:

                              W I T N E S S E T H:

                  WHEREAS, the Fund and The Bank of New York are parties to a
Fund Accounting Agreement dated as of April 26, 2001 (the "Fund Accounting
Agreement"), pursuant to which The Bank of New York serves as the cash manager
for the Fund's portfolio; and

                  WHEREAS, the Fund and The Bank of New York desires to amend
the Fund Accounting Agreement to render services to the U.S. Government
Portfolio of the Fund; and

                  WHEREAS, the Fund Accounting Agreement, as expressly amended
hereby, shall continue in full force and effect.

                  NOW, THEREFORE,  the parties hereby amend Exhibit A of the
Fund Accounting Agreement to read in its entirety as follows:


                                                                          

                                                               EXHIBIT A

                             FUND                       TAX ID        SIC(1)       ADDRESS

California Daily Tax Free Income Fund, Inc.        00-0000000         MD

Connecticut Daily Tax Free Income Fund, Inc.       00-0000000         MD

Delafield Fund, Inc.                               00-0000000         MD

Florida Municipal Income Fund, Inc.                00-0000000         MA BT(2)

Institutional Daily Income Fund
     U.S. Treasury Portfolio
     Money Market Portfolio
     Municipal Portfolio
     U.S. Government Portfolio

New Jersey Daily Municipal Income Fund, Inc.       00-0000000         MD

New York Daily Tax Free Income Fund, Inc.          00-0000000         MD

Pax World Money Market Fund, Inc.                  00-0000000         MD

Tax Exempt Proceeds Fund, Inc.                     00-0000000         MD

OFFSHORE FUNDS:

Daily Dollar International, Ltd.                   N/A                BVI Corp.
U.S. Dollar Floating Rate Fund, Ltd.               N/A                BVI Corp.
Daily Dollar International II, Ltd.                N/A                Cayman Islands
                                                                      Exempted
                                                                      Company


----------------------------------
1      SIC: State of Incorporation
(2)    MA BT: Massachusetts Business Trust

                  IN WITNESS WHEREOF, the parties hereto have executed this
AMENDMENT TO FUND ACCOUNTING AGREEMENT as of the day and year first above
written.

                                                 INSTITUTIONAL DAILY INCOME FUND



                                                   By:/s/Xxxxxxx Xxxxxxx
                                                    Name:Xxxxxxx Xxxxxxx
                                                   Title:Secretary

                                                   THE BANK OF NEW YORK


                                                   By:/s/Xxxxxxx Xx Xxxxxxx
                                                    Name:Xxxxxxx Xx Xxxxxxx
                                                   Title:Executive Vice
                                                         President and Chief
                                                         Compliance Officer