LIBERTY FUNDS TRUST IV
485BPOS, EX-99, 2000-10-26
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              CONSENT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS

We  consent  to the  references  to  our  firm  under  the  captions  "Financial
Highlights"  for  Liberty   Municipal  Money  Market  Fund  (formerly,   Liberty
Tax-Exempt  Money Market Fund and Colonial  Municipal  Money Market Fund, one of
the series  comprising  Liberty Funds Trust IV) in the Liberty  Municipal  Money
Market Fund Prospectus and "Independent  Auditors," "Financial  Statements," and
"Information  Concerning  the Portfolio" in the Liberty  Municipal  Money Market
Fund Statement of Additional  Information and to the  incorporation by reference
in Post-Effective  Amendment Number 60 to the Registration Statement (Form N-1A,
No. 2-62492) of our report dated August 18, 2000 on the financial statements and
financial  highlights of Liberty  Municipal Money Market Fund (one of the series
comprising  Liberty Funds Trust IV) and SR&F  Municipal  Money Market  Portfolio
(one of the series of the SR&F Base Trust)  included  in the Liberty  Tax-Exempt
Money Market Fund Annual Report dated June 30, 2000.


                                                           /s/ ERNST & YOUNG LLP


Boston, Massachusetts
October 24, 2000



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