INDEPENDENT AUDITORS' CONSENT

We consent to the use in this  Post-Effective  Amendment No. 14 to  Registration
Statement No. 33-30471 of Centennial California 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.

DELOITTE & TOUCHE LLP

Denver, Colorado
October 25, 2000