UNITED STATES
                                           SECURITIES AND EXCHANGE COMMISSION
                                                 Washington, D.C. 20549

                                                       FORM 24F-2
                                            Annual Notice of Securities Sold
                                                 Pursuant to Rule 24f-2

1.       Name and address of issuer:

         Centennial California Tax Exempt Trust
         6803 S. Tucson Way
         Centennial, CO 80112

2.       Name of each series or class of securities for which this Form is filed (If the Form is being filed for all
         series and class of securities of the issuer, check the box but do not list series or classes): /X/

3.       Investment Company Act File Number :  811-5871

         Securities Act File Number: 33-30471

4(a).    Last day of fiscal year for which this Form is filed:  06/30/02

4(b).    /  /     Check box if this Form is being filed late (i.e., more that 90 calendar days after the end of the
         issuer's fiscal year). (See instruction A.2)

         Note: If the Form is being filed late, interest must be paid on the registration fee due.

4(c).    /  /     Check box if this is the last time the issuer will be filing this Form.

5.       Calculation of registration fee:

         (i)      Aggregate sale price of securities sold during the fiscal year
                  pursuant to section 24(f):
                  $445,994,439.00

         (ii)     Aggregate price of securities redeemed or repurchased during the
                  fiscal year:
                  $448,678,039.00

         (iii)    Aggregate price of securities redeemed or repurchased during any prior
                  fiscal year ending no earlier than October 11, 1995 that were not
                  previously used to reduce registration fees payable to the Commission:
                  $4,982,869.00

         (iv)     Total available redemption credits [add items 5(ii) and 5(iii)]:
                  $453,660,908.00

         (v)      Net sales - if Item 5(i) is greater than Item 5(iv) [subtract Item
                  5(iv) from Item 5(i)]:
                  $0
         (vi)     Redemption credits available for use in future years -- if Item 5(i)
                  is less than Item 5(iv) [subtract Item 5(iv from Item 5(i)]:
                  ($7,666,469.00)

         (vii)    Multiplier for determining registration fee (See Instructions C.9):
                  x .000092

         (viii)   Registration fee due [multiple Item 5(v) by Item 5(vii)] (enter "0" if
                  no fee is due):
                  = $0

                  ============

6.       Prepaid Shares:

         If the response to Item 5(i) was determined by deducting an amount of securities that were registered under
         the Securities Act of 1933 pursuant to rule 24e-2 as in effect before October 11, 1997, then report the
         amount of securities (number of shares or other units) deducted here: -0-. If there is a number of shares or
         other units that were registered pursuant to rule 24e-2 remaining unsold at the end of the fiscal year for
         which this form is filed that are available for use by the issuer in future fiscal years, then state that
         number here: -0-.

7.       Interest due:                                                                           $-0-

         If this Form is being filed more than 90 days after the end of the issuer's fiscal year (see Instruction D):
         N/A

8.       Total of the amount of the registration fee due plus any interest due [line 5(viii) plus line 7]:
                                                                                                 = $0

9.       Date the registration fee and any interest payment was sent to the Commission's lockbox depository:

         Method of Delivery:  N/A
         Fed Wire

SIGNATURES

This report has been signed below by the following persons on behalf of the issuer and in the capacities and on the
dates indicated.


By:  /s/ Philip Vottiero
Philip Vottiero, Assistant Treasurer

Date: September 26, 2002


cc:      Allan Adams, Esq.

180_24F2_Edgar0602.doc