<PAGE> PAGE 1
000 A000000 01/31/95
000 C000000 0000353316
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 FRANKLIN TAX-EXEMPT MONEY FUND
001 B000000 811-3193
001 C000000 4153122000
002 A000000 777 MARINERS ISLAND BOULEVARD
002 B000000 SAN MATEO
002 C000000 CA
002 D010000 94404
002 D020000 1585
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 FRANKLIN ADVISERS, INC.
008 B000001 A
008 C000001 801-26292
008 D010001 SAN MATEO
008 D020001 CA
008 D030001 94403
008 D040001 7777
011 A000001 FRANKLIN/TEMPLETON DISTRIBUTORS, INC.
011 B000001 8-5889
011 C010001 SAN MATEO
011 C020001 CA
011 C030001 94403
011 C040001 7777
012 A000001 FRANKLIN/TEMPLETON INVESTOR SERVICES, INC.
012 B000001 84-1036
012 C010001 SAN MATEO
012 C020001 CA
012 C030001 94403
<PAGE> PAGE 2
012 C040001 7777
013 A000001 COOPERS & LYBRAND L.L.P.
013 B010001 SAN FRANCISCO
013 B020001 CA
013 B030001 94105
013 B040001 2119
014 A000001 FRANKLIN/TEMPLETON DISTRIBUTORS, INC.
014 B000001 8-5889
015 A000001 BANK OF AMERICA NT & SA
015 B000001 C
015 C010001 SAN FRANCISCO
015 C020001 CA
015 C030001 94104
015 C040001 1502
015 E010001 X
015 A000002 CITIBANK DELAWARE
015 B000002 C
015 C010002 NEW CASTLE
015 C020002 DE
015 C030002 19720
015 C040002 2409
015 E010002 X
018 000000 Y
019 A000000 Y
019 B000000 114
019 C000000 FRANKLNGRP
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 GOLDMAN SACHS & CO
022 B000001 13-5108880
022 C000001 127730
022 D000001 18200
022 A000002 PAINEWEBBER INC
022 B000002 13-2638166
022 C000002 41700
022 D000002 39200
022 A000003 DONALDSON LUFKIN & JENRETTE
022 B000003 13-2741729
022 C000003 52225
022 D000003 9600
022 A000004 LEHMAN BROTHERS SECS
022 B000004 13-2518466
<PAGE> PAGE 3
022 C000004 25369
022 D000004 15150
022 A000005 CITICORP
022 B000005 13-3187336
022 C000005 12550
022 D000005 23455
022 A000006 SMITH BARNEY SHEARSON
022 B000006 13-1912900
022 C000006 23903
022 D000006 12000
022 A000007 MERRILL LYNCH PIERCE FENNER
022 B000007 13-5674085
022 C000007 8600
022 D000007 13350
022 A000008 MORGAN STANLEY & CO INC
022 B000008 13-2655998
022 C000008 10300
022 D000008 9797
022 A000009 MORGAN (JP) SECURITIES
022 B000009 13-3224016
022 C000009 16800
022 D000009 1800
022 A000010 DILLON READ & CO INC
022 B000010 13-1939216
022 C000010 5805
022 D000010 0
023 C000000 347660
023 D000000 150087
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 Y
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
028 A010000 84166
028 A020000 484
028 A030000 0
028 A040000 40546
<PAGE> PAGE 4
028 B010000 25838
028 B020000 492
028 B030000 0
028 B040000 45882
028 C010000 39348
028 C020000 441
028 C030000 0
028 C040000 63662
028 D010000 36729
028 D020000 476
028 D030000 0
028 D040000 25002
028 E010000 38562
028 E020000 535
028 E030000 0
028 E040000 54587
028 F010000 22199
028 F020000 487
028 F030000 0
028 F040000 32392
028 G010000 246842
028 G020000 2915
028 G030000 0
028 G040000 262071
028 H000000 0
029 000000 N
030 A000000 0
030 B000000 0.00
030 C000000 0.00
031 A000000 0
031 B000000 0
032 000000 0
033 000000 0
034 000000 N
035 000000 0
036 B000000 0
037 000000 N
038 000000 0
039 000000 N
040 000000 N
042 A000000 0
042 B000000 0
042 C000000 0
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 0
044 000000 0
045 000000 Y
<PAGE> PAGE 5
046 000000 N
047 000000 Y
048 000000 0.000
048 A010000 100000
048 A020000 0.625
048 B010000 150000
048 B020000 0.500
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
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 250000
048 K020000 0.450
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
<PAGE> PAGE 6
060 A000000 Y
060 B000000 Y
061 000000 500
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 100.4
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 28
063 B000000 0.0
064 A000000 N
064 B000000 N
066 A000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 N
070 B010000 N
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 N
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 N
070 J020000 N
070 K010000 Y
<PAGE> PAGE 7
070 K020000 N
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 N
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 0
071 B000000 0
071 C000000 0
071 D000000 0
072 A000000 6
072 B000000 3655
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 414
072 G000000 0
072 H000000 0
072 I000000 120
072 J000000 14
072 K000000 65
072 L000000 32
072 M000000 11
072 N000000 43
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 14
072 S000000 1
072 T000000 0
072 U000000 0
072 V000000 0
072 W000000 3
072 X000000 717
072 Y000000 0
072 Z000000 2938
072AA000000 0
072BB000000 9
072CC010000 0
072CC020000 0
072DD010000 2929
072DD020000 0
<PAGE> PAGE 8
072EE000000 0
073 A010000 0.0135
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 440
074 B000000 0
074 C000000 191305
074 D000000 0
074 E000000 0
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 0
074 K000000 0
074 L000000 1787
074 M000000 0
074 N000000 193532
074 O000000 1003
074 P000000 76
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 1883
074 S000000 0
074 T000000 190570
074 U010000 190570
074 U020000 0
074 V010000 1.00
074 V020000 0.00
074 W000000 0.9996
074 X000000 13279
074 Y000000 0
075 A000000 216742
075 B000000 0
076 000000 0.00
077 A000000 N
080 A000000 ICI MUTUAL
080 C000000 130000
081 A000000 Y
081 B000000 119
082 A000000 N
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
<PAGE> PAGE 9
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 DIOMEDES LOO-TAM
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION
EXTRACTED FROM THE FRANKLIN TAX-EXEMPT MONEY FUND
JANUARY 31, 1995 SEMI-ANNUAL REPORT AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUL-31-1995
<PERIOD-END> JAN-31-1995
<INVESTMENTS-AT-COST> 191,305,116
<INVESTMENTS-AT-VALUE> 191,305,116
<RECEIVABLES> 1,786,364
<ASSETS-OTHER> 440,412
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 193,531,892
<PAYABLE-FOR-SECURITIES> 1,002,810
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,959,285
<TOTAL-LIABILITIES> 2,962,095
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 190,569,797
<SHARES-COMMON-PRIOR> 202,882,808
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 190,569,797
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3,655,005
<OTHER-INCOME> 0
<EXPENSES-NET> (717,031)
<NET-INVESTMENT-INCOME> 2,937,974
<REALIZED-GAINS-CURRENT> (9,193)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 2,928,781
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,928,781)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 246,842,120
<NUMBER-OF-SHARES-REDEEMED> (262,070,514)
<SHARES-REINVESTED> 2,915,383
<NET-CHANGE-IN-ASSETS> (12,313,011)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (413,885)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (717,031)
<AVERAGE-NET-ASSETS> 216,741,691
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> .014
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.014)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> .660
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
