0000888955-13-000023.txt : 20130530
0000888955-13-000023.hdr.sgml : 20130530
20130530074410
ACCESSION NUMBER: 0000888955-13-000023
CONFORMED SUBMISSION TYPE: NSAR-BT
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20130331
FILED AS OF DATE: 20130530
DATE AS OF CHANGE: 20130530
EFFECTIVENESS DATE: 20130530
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: CHURCHILL TAX FREE TRUST
CENTRAL INDEX KEY: 0000812006
IRS NUMBER: 136864349
STATE OF INCORPORATION: MA
FISCAL YEAR END: 0930
FILING VALUES:
FORM TYPE: NSAR-BT
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-05086
FILM NUMBER: 13879912
BUSINESS ADDRESS:
STREET 1: 380 MADISON AVE
STREET 2: SUITE 2300
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: 2126976666
MAIL ADDRESS:
STREET 1: 380 MADISON AVENUE
STREET 2: SUITE 2300
CITY: NEW YORK
STATE: NY
ZIP: 10017
FORMER COMPANY:
FORMER CONFORMED NAME: CHURCHILL TAX FREE FUND OF KENTUCKY
DATE OF NAME CHANGE: 19880911
0000812006
S000009083
Churchill Tax-Free Fund of Kentucky
C000024671
Churchill Tax-Free Trust of Kentucky Class A
CHTFX
C000024672
Churchill Tax-Free Fund of Kentucky Class C
CHKCX
C000024673
Churchill Tax-Free Fund of Kentucky Class I
CHKIX
C000024674
Churchill Tax-Free Fund of Kentucky Class Y
CHKYX
NSAR-BT
1
answer.fil
CHURCHILL TAX-FREE TRUST 3/31/2013 FORM NSAR-BT
PAGE 1
000 B000000 03/31/2013
000 C000000 0000812006
000 D000000 Y
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 CHURCHILL TAX-FREE TRUST
001 B000000 811-5086
001 C000000 2126976666
002 A000000 380 MADISON AVENUE, SUITE 2300
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10017
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 AQUILA INVESTMENT MANAGEMENT LLC
008 B000001 A
008 C000001 801-221199
008 D010001 NEW YORK
008 D020001 NY
008 D030001 10017
010 A000001 AQUILA INVESTMENT MANAGEMENT LLC
010 B000001 801-22119
010 C010001 NEW YORK
010 C020001 NY
010 C030001 10017
011 A000001 AQUILA DISTRIBUTORS, INC.
011 B000001 8-13173
011 C010001 NEW YORK
011 C020001 NY
011 C030001 10017
011 C040004 ''
011 C060004 '
012 A000001 BNY MELLON
PAGE 2
012 B000001 85-11196
012 C010001 WESTBOROUGH
012 C020001 MA
012 C030001 01581
013 A000001 TAIT WELLER & BAKER LLP
013 B010001 PHILADELPHIA
013 B020001 PA
013 B030001 19103
015 A000001 JPMORGAN CHASE BANK, N.A.
015 B000001 C
015 C010001 COLUMBUS
015 C020001 OH
015 C030001 43240
015 E010001 X
018 000000 Y
019 A000000 Y
019 B000000 11
019 C000000 AQUILAMGMT
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 A000001 RNC BANK NA
022 B000001 22-1146430
022 C000001 459
022 D000001 0
022 A000002 RBC DAIN RAUSCHER
022 B000002 41-0212020
022 C000002 0
022 D000002 609
022 A000003 CASTLE OAK SECURITIES
022 B000003 45-0496456
022 C000003 2293
022 D000003 1491
022 A000004 ROBERT W. BAIRD
022 B000004 39-6037917
022 C000004 917
022 D000004 1124
022 A000005 FIRST KENTUCKY SECURITIES
022 B000005 61-0924505
022 C000005 1527
022 D000005 825
022 A000006 JP MORGAN CHASE
022 B000006 13-3224016
PAGE 3
022 C000006 0
022 D000006 2041
022 C000007 0
022 D000007 0
022 C000008 0
022 D000008 0
022 C000009 0
022 D000009 0
022 C000010 0
022 D000010 0
023 C000000 5196
023 D000000 6090
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 N
026 B000000 N
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
028 A010000 3809
028 A020000 336
028 A030000 0
028 A040000 3172
028 B010000 1579
028 B020000 366
028 B030000 0
028 B040000 3352
028 C010000 1775
028 C020000 366
028 C030000 0
028 C040000 2228
028 D010000 0
028 D020000 0
028 D030000 0
028 D040000 0
028 E010000 0
028 E020000 0
028 E030000 0
028 E040000 0
PAGE 4
028 F010000 0
028 F020000 0
028 F030000 0
028 F040000 0
028 G010000 7163
028 G020000 1068
028 G030000 0
028 G040000 8752
028 H000000 3574
029 000000 Y
030 A000000 122
030 B000000 4.00
030 C000000 0.00
031 A000000 12
031 B000000 0
032 000000 110
033 000000 0
034 000000 Y
035 000000 0
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 11
042 D000000 89
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 115
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.400
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
PAGE 5
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 0
048 K020000 0.000
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
054 O000000 N
055 A000000 N
055 B000000 N
056 000000 N
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 N
060 B000000 N
061 000000 1000
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
PAGE 6
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 98.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 0
063 B000000 12.0
064 A000000 Y
064 B000000 N
066 A000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 N
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 N
070 F010000 N
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 N
070 J020000 N
070 K010000 Y
070 K020000 N
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 N
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 N
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
PAGE 7
070 R020000 N
071 A000000 4587
071 B000000 6906
071 C000000 267150
071 D000000 2
072 A000000 3
072 B000000 2604
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 268
072 G000000 0
072 H000000 1
072 I000000 26
072 J000000 5
072 K000000 0
072 L000000 8
072 M000000 31
072 N000000 2
072 O000000 0
072 P000000 0
072 Q000000 9
072 R000000 22
072 S000000 40
072 T000000 115
072 U000000 0
072 V000000 0
072 W000000 7
072 X000000 534
072 Y000000 0
072 Z000000 2070
072AA000000 321
072BB000000 0
072CC010000 0
072CC020000 2908
072DD010000 1661
072DD020000 69
072EE000000 0
073 A010000 0.0844
073 A020000 0.0613
073 B000000 0.0000
073 C000000 0.0000
074 A000000 2193
074 B000000 0
074 C000000 0
074 D000000 264495
074 E000000 0
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
PAGE 8
074 J000000 0
074 K000000 0
074 L000000 3872
074 M000000 10
074 N000000 270570
074 O000000 0
074 P000000 98
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 554
074 S000000 0
074 T000000 269918
074 U010000 19635
074 U020000 1128
074 V010000 10.97
074 V020000 10.98
074 W000000 0.0000
074 X000000 3011
074 Y000000 0
075 A000000 0
075 B000000 272099
076 000000 0.00
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 N
077 Q020000 N
077 Q030000 N
078 000000 N
080 A000000 ICI MUTUAL INSURANCE COMPANY
080 C000000 8000
081 A000000 Y
081 B000000 10
082 A000000 Y
082 B000000 50
083 A000000 N
PAGE 9
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 RANDALL S. FILLMORE
TITLE CHIEF COMPLIANCE OFR
EX-99.77B ACCT LTTR
3
kytwb3-31-13.txt
CERTIFIED PUBLIC ACCOUNTING OPINION LETTER
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
Shareholders and Board of Trustees
Churchill Tax-Free Fund of Kentucky
New York, New York
In planning and performing our audit of the financial
statements of Churchill Tax-Free Fund of Kentucky,
as of and for the year ended December 31, 2011, in
accordance with the standards of the Public Company
Accounting Oversight Board (United States), we considered
its internal control over financial reporting, including
control activities for safeguarding securities, as a basis
for designing our auditing procedures for the purpose of
expressing our opinion on the financial statements and to
comply with the requirements of Form N-SAR, but not for the
purpose of expressing an opinion on the effectiveness of
Fund?s internal control over financial reporting.
Accordingly, we express no such opinion.
The management of the Fund is responsible for establishing
and maintaining effective internal control over financial
reporting. In fulfilling this responsibility, estimates
and judgments by management are required to assess the
expected benefits and related costs of controls. A
company?s internal control over financial reporting is a
process designed to provide reasonable assurance regarding
the reliability of financial reporting and the preparation
of financial statements for external purposes in accordance
with generally accepted accounting principles. A
company?s internal control over financial reporting includes
those policies and procedures that (1) pertain to the
maintenance of records that, in reasonable detail,
accurately and fairly reflect the transactions and
dispositions of the assets of the company; (2) provide
reasonable assurance that transactions are recorded as
necessary to permit preparation of financial statements in
accordance with generally accepted accounting principles,
and that receipts and expenditures of the company are being
made only in accordance with authorizations of management
and directors of the company; and (3) provide reasonable
assurance regarding prevention or timely detection of
unauthorized acquisition, use or disposition of a company?s
assets that could have a material effect on the financial
statements.
Because of inherent limitations, internal control over
financial reporting may not prevent or detect misstatements.
Also, projections of any evaluation of effectiveness to
future periods are subject to the risk that controls may
become inadequate because of changes in conditions, or that
the degree of compliance with the policies or procedures
may deteriorate.
A deficiency in internal control over financial reporting
exists when the design or operation of a control does not
allow management or employees, in the normal course of
performing their assigned functions, to prevent or detect
misstatements on a timely basis. A material weakness is
a deficiency, or combination of deficiencies, in internal
control over financial reporting, such that there is a
reasonable possibility that a material misstatement of the
company?s annual or interim financial statements will not
be prevented or detected on a timely basis.
Shareholders and Board of Trustees
Churchill Tax-Free Fund of Kentucky
Page Two
Our consideration of the Fund?s internal control over
financial reporting was for the limited purpose described
in the first paragraph and would not necessarily disclose
all deficiencies in internal control that might be material
weaknesses under standards established by the Public Company
Accounting Oversight Board (United States). However, we
noted no deficiencies in Fund?s internal control over
financial reporting and its operation, including controls
for safeguarding securities, which we consider to be material
weaknesses, as defined above, as of December 31, 2011.
This report is intended solely for the information and use
of management, Shareholders and Board of Trustees of
Churchill Tax-Free Fund of Kentucky and the Securities and
Exchange Commission, and is not intended to be and should
not be used by anyone other than these specified parties.
/s/ TAIT, WELLER & BAKER LLP
----------------------------
Philadelphia, Pennsylvania
February 28, 2012