INDEPENDENT AUDITORS' CONSENT

We consent to the use in this  Post-Effective  Amendment No. 36 to  Registration
Statement No.  2-69653 of Centennial Tax Exempt Trust on Form N-1A of our report
dated July 24, 2000, appearing in the Statement of Additional Information, which
is part of such  Registration  Statement,  and to the  reference to us under the
headings "Independent  Auditors" in the Statement of Additional  Information and
"Financial   Highlights"  in  the  Prospectus,   which  is  also  part  of  such
Registration Statement.

/s/ Deloitte & Touche LLP

DELOITTE & TOUCHE LLP

Denver, Colorado
October 25, 2000