AMERICAN CENTURY MUNICIPAL TRUST
24F-2NT, 1997-07-28
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                          American Century Investments
                                4500 Main Street
                          Kansas City, Missouri 64111

July 25, 1997


Securities and Exchange Commission
450 Fifth Street N.W.
Washington, DC 20549

Re:  Rule 24f-2 Notice for
     American Century Municipal Trust 
      1933 Act File No. 2-91229
      1940 Act File No. 811-4025

Ladies and Gentlemen:

Pursuant to Section 24(f) of the  Investment  Company Act of 1940 and Rule 24f-2
promulgated  thereunder,  the  accompanying  documents are filed via  electronic
transmission on behalf of the above-referenced issuer.

The required  filing fee was sent via Federal Funds Wire to the SEC account with
Mellon Bank on July 24, 1997.

Any concerns regarding the filing should be directed to the undersigned at (415)
967-9806.

Sincerely,

/s/Lisa S. Brown
Lisa S. Brown
Federal Securities Administrator

<PAGE>
                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

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

             Read instructions at end of Form before preparing Form.
                              Please print or type.

1.       Name and address of issuer:  American Century Municipal Trust
                                      4500 Main Street
                                      Kansas City, Missouri 64111

2.       Name of each series or class of funds for which this notice is filed:
          
              American Century - Benham Tax-Free Money Market Fund
              American Century - Benham Intermediate-Term Tax-Free Fund
              American Century - Benham Long-Term Tax-Free Fund
              American Century - Benham Florida Municipal Money Market Fund
              American Century - Benham Florida Intermediate-Term Municipal Fund
              American Century - Benham Arizona Intermediate-Term Municipal Fund

3.       Investment Company Act File Number:  811-4025

         Securities Act File Number:  2-91229


4.       Last day of fiscal year for which this notice is filed:

               May 31, 1997

5.       Check box if this notice is being filed more than 180 days after the
         close of the issuer's fiscal year for purposes of reporting securities
         sold after the close of the fiscal year but before termination of the
         issuer's 24f-2 declaration:

               Not Applicable

6.       Date of termination of issuer's declaration under rule 24f-2(a)(1), if
         applicable (see Instruction A.6):  

               Not Applicable

7.       Number and amount of securities of the same class or series which had
         been registered under the Securities Act of 1933 other than pursuant to
         rule 24f-2 in a prior fiscal year, but which remained unsold at the
         beginning of the fiscal year:

               Not Applicable

8.       Number and amount of securities registered during the fiscal year other
         than pursuant to rule 24f-2:  

               Not Applicable

9.       Number and aggregate sale price of securities sold during the fiscal
         year:  

               307,187,102         $398,050,257

10.      Number and aggregate sale price of securities sold during the fiscal
         year in reliance upon registration pursuant to rule 24f-2:

               307,187,102         $398,050,257


11.      Number and aggregate sale price of securities issued during the fiscal
         year in connection with dividend reinvestment plans, if applicable (see
         Instruction B.7):

               Not Applicable
           
<TABLE>
<CAPTION>
12.      Calculation of registration fee:
         <S>                                                                    <C>
         (i)   Aggregate sale price of securities sold during the    
               fiscal year in reliance on rule 24f-2 (from Item 10):            $ 398,050,257
                                                                            
         (ii)  Aggregate price of shares issued in connection with
               dividend reinvestment plans (from Item 11), if
               applicable):                                                     +     N/A

         (iii) Aggregate price of shares redeemed or repurchased
               during the fiscal year (if applicable):                          - 384,672,433

         (iv)  Aggregate price of shares redeemed or repurchased
               and previously applied as a reduction to filing fees
               pursuant to rule 24e-2 (if applicable):                          +     N/A

         (v)   Net aggregate  price of securities  sold and issued during
               the fiscal year in reliance on rule 24f-2 [line (i), plus line
               (ii), less line (iii), plus line (iv)] (if applicable):             13,377,824

         (vi)  Multiplier prescribed by Section 6(b) of the Securities
               Act of 1933 or other applicable law or regulation
               (see Instruction C.6):                                           x      1/3300

                                                                                ----------------    
         (vii) Fee due [line (i) or line (v) multiplied by line (vi)]:               4,053.88
                                                                                ================


</TABLE>


Instruction:   Issuers should complete lines (ii), (iii),  (iv), and (v) only if
               the form is being  filed  within  60 days  after the close of the
               issuer's fiscal year. See Instruction C.3.


13.      Check  box if fees  are  being  remitted  to the  Commission's  lockbox
         depository  as  described  in section 3a of the  Commission's  Rules of
         Informal and Other Procedures (17 CFR 202.3a).          

               [X]

         Date of mailing or wire  transfer  of filing  fees to the  Commission's
         lockbox depository:

               July 24, 1997


                                   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 (Signature and Title)*  /s/Charles C.S. Park, Corporate Counsel
                                    Charles C.S. Park, Corporate Counsel
                                    


         Date  7/25/97

  *Please print the name and title of the signing officer below the signature.
<PAGE>

                          American Century Investments
                                4500 Main Street
                          Kansas City, Missouri 64111

July 25, 1997


Securities and Exchange Commission
450 Fifth Street N.W.
Washington, DC 20549

Re:  American Century Municipal Trust
      1933 Act File No. 2-91229
      1940 Act File No. 811-4025

Ladies and Gentlemen:

I have examined the  accompanying  24f-2 Notice for American  Century  Municipal
Trust. It is my opinion that all shares sold by the Trust during the fiscal year
ended May 31, 1997,  pursuant to the  indefinite  registration  under Rule 24f-2
under the Investment  Company Act of 1940, were legally issued,  fully paid, and
non-assessable when sold.

I hereby  consent  to the  inclusion  of this  opinion  with the  filing  of the
attached 24f-2 Notice for the fiscal year ended May 31, 1997.


Sincerely,

/s/Charles C.S. Park
Charles C.S. Park
Corporate Counsel



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