EXCELSIOR TAX EXEMPT FUNDS INC
NSAR-B, 1998-06-10
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<PAGE>      PAGE  1
000 B000000 03/31/98
000 C000000 0000752322
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 EXCELSIOR TAX-EXEMPT FUNDS, INC.
001 B000000 811-4101
001 C000000 6175578732
002 A000000 73 TREMONT STREET
002 B000000 BOSTON
002 C000000 MA
002 D010000 02108
002 D020000 3913
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  6
007 C010100  1
007 C020100 TAX-EXEMPT MONEY FUND
007 C030100 N
007 C010200  2
007 C020200 INTERMEDIATE-TERM TAX-EXEMPT FUND
007 C030200 N
007 C010300  3
007 C020300 LONG-TERM TAX-EXEMPT FUND
007 C030300 N
007 C010400  4
007 C020400 NEW YORK INTERMEDIATE-TERM TAX-EXEMPT FUND
007 C030400 N
007 C010500  5
007 C010600  6
007 C020600 SHORT-TERM TAX-EXEMPT SECURITIES FUND
007 C030600 N
007 C010700  7
007 C020700 CALIFORNIA TAX-EXEMPT INCOME FUND
007 C030700 N
007 C010800  8
007 C010900  9
007 C011000 10
007 C011100 11
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
<PAGE>      PAGE  2
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
010 A00AA01 CHASE GLOBAL FUNDS SERVICES COMPANY
010 B00AA01 84-1719
010 C01AA01 BOSTON
010 C02AA01 MA
010 C03AA01 02108
010 C04AA01 3913
010 A00AA02 FEDERATIVE ADMINISTRATIVE SERVICES
010 C01AA02 PITTSBURGH
010 C02AA02 PA
010 C03AA02 15222
010 C04AA02 3779
010 A00AA03 U.S. TRUST COMPANY OF CONNECTICUT
010 C01AA03 STAMFORD
010 C02AA03 CT
010 C03AA03 06905
011 A00AA01 EDGEWOOD SERVICES, INC.
011 B00AA01 8-46985
011 C01AA01 PITTSBURGH
011 C02AA01 PA
011 C03AA01 15237
011 C04AA01 5829
012 A00AA01 UNITED STATES TRUST COMPANY OF NEW YORK
012 B00AA01 85-1740000
012 C01AA01 NEW YORK
012 C02AA01 NY
012 C03AA01 10036
012 C04AA01 1532
012 A00AA02 CHASE GLOBAL FUNDS SERVICES COMPANY
012 B00AA02 84-1719
012 C01AA02 BOSTON
012 C02AA02 MA
012 C03AA02 02108
012 C04AA02 3913
013 A00AA01 ERNST & YOUNG LLP
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02108
015 A00AA01 CHASE MANHATTAN BANK
015 B00AA01 C
015 C01AA01 NEW YORK
015 C02AA01 NY
015 C03AA01 11245
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   32
019 C00AA00 EXCELSIORF
<PAGE>      PAGE  3
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022 A000001 GOLDMAN SACHS
022 B000001 13-5108880
022 C000001   1602115
022 D000001     62761
022 A000002 NUVEEN (JOHN) & CO., INC.
022 B000002 36-2639476
022 C000002    693428
022 D000002    969899
022 A000003 DREYFUS INVESTMENT SERVICES
022 B000003 13-5673135
022 C000003    517862
022 D000003    505781
022 A000004 MORGAN STANLEY & CO., INC.
022 B000004 13-2655998
022 C000004    522850
022 D000004    357072
022 A000005 MORGAN (J.P.) SECURITIES, INC.
022 B000005 13-3224016
022 C000005    556903
022 D000005    123496
022 A000006 LEHMAN BROTHERS, INC.
022 B000006 94-2537674
022 C000006    323713
022 D000006    296093
022 A000007 MERRILL LYNCH AND CO., INC.
022 B000007 13-5674085
022 C000007    417710
022 D000007     66691
022 A000008 SMITH BARNEY, HARRIS, UPHAM & CO., INC.
022 B000008 13-1912900
022 C000008    244607
022 D000008     56604
022 A000009 PRUDENTIAL-BACHE SECURITIES, INC.
022 B000009 22-2347336
022 C000009     77300
022 D000009    125492
022 A000010 CITIBANK
022 C000010    108030
022 D000010     23200
023 C000000    6617375
<PAGE>      PAGE  4
023 D000000    3322541
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
008 A000101 UNITED STATES TRUST COMPANY OF NEW YORK
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008 A000102 U.S. TRUST COMPANY OF CONNECTICUT
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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008 A000201 UNITED STATES TRUST COMPANY OF NEW YORK
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008 D020201 NY
008 D030201 10036
008 D040201 1532
008 A000202 U.S. TRUST OF CONNECTICUT
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008 D020202 CT
008 D030202 06905
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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008 A000301 UNITED STATES TRUST COMPANY OF NEW YORK
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
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<PAGE>      PAGE  19
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<PAGE>      PAGE  20
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070 A010400 Y
070 A020400 N
070 B010400 N
<PAGE>      PAGE  21
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070 E020400 N
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070 F020400 N
070 G010400 N
070 G020400 N
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 Y
070 L010400 N
070 L020400 N
070 M010400 N
070 M020400 N
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070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 N
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
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<PAGE>      PAGE  22
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<PAGE>      PAGE  23
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045  000600 Y
046  000600 Y
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<PAGE>      PAGE  24
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062 I000600   0.0
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062 K000600   0.0
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062 O000600  96.5
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062 R000600   5.0
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063 B000600  2.7
064 A000600 Y
064 B000600 N
070 A010600 Y
070 A020600 N
<PAGE>      PAGE  25
070 B010600 N
070 B020600 N
070 C010600 N
070 C020600 N
070 D010600 N
070 D020600 N
070 E010600 Y
070 E020600 N
070 F010600 N
070 F020600 N
070 G010600 N
070 G020600 N
070 H010600 N
070 H020600 N
070 I010600 N
070 I020600 N
070 J010600 Y
070 J020600 N
070 K010600 Y
070 K020600 Y
070 L010600 N
070 L020600 N
070 M010600 N
070 M020600 N
070 N010600 N
070 N020600 N
070 O010600 Y
070 O020600 N
070 P010600 N
070 P020600 N
070 Q010600 N
070 Q020600 N
070 R010600 N
070 R020600 N
071 A000600     24727
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<PAGE>      PAGE  26
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<PAGE>      PAGE  27
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008 D020702 CT
008 D030702 06905
008 A000703 UNITED STATES TRUST COMPANY OF CALIFORNIA
008 B000703 S
008 C000703 801-000000
008 D010703 LOS ANGELES
008 D020703 CA
008 D030703 90071
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<PAGE>      PAGE  28
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SIGNATURE   JOHN CORCORAN                                
TITLE       ASSISTANT TREASURER 
 


<TABLE> <S> <C>

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<CIK> 0000752322
<NAME> EXCELSIOR TAX-EXEMPT FUNDS, INC.
<SERIES>
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   <NAME> CALIFORNIA TAX-EXEMPT INCOME FUND
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</TABLE>

<TABLE> <S> <C>

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<CIK> 0000752322
<NAME> EXCELSIOR TAX-EXEMPT FUNDS, INC.
<SERIES>
   <NUMBER> 1
   <NAME> TAX-EXEMPT MONEY FUND 
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000752322
<NAME> EXCELSIOR TAX-EXEMPT FUNDS, INC.
<SERIES>
   <NUMBER> 2
   <NAME> INTERMEDIATE-TERM TAX-EXEMPT FUND 
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<ACCUM-APPREC-OR-DEPREC>                    13,192,571
<NET-ASSETS>                               271,015,837
<DIVIDEND-INCOME>                                    0
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<REALIZED-GAINS-CURRENT>                     3,134,713
<APPREC-INCREASE-CURRENT>                    6,670,419 
<NET-CHANGE-FROM-OPS>                       21,053,417
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<DISTRIBUTIONS-OF-INCOME>                 (10,925,984)
<DISTRIBUTIONS-OF-GAINS>                     (322,255)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      6,372,050
<NUMBER-OF-SHARES-REDEEMED>                (4,644,039)
<SHARES-REINVESTED>                             64,384
<NET-CHANGE-IN-ASSETS>                      26,965,560
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<ACCUMULATED-GAINS-PRIOR>                  (4,843,450)  
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<PER-SHARE-NII>                                   0.42
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<EXPENSE-RATIO>                                   0.58
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000752322
<NAME> EXCELSIOR TAX-EXEMPT FUNDS, INC.
<SERIES>
   <NUMBER> 3
   <NAME> LONG-TERM TAX-EXEMPT FUND
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-START>                             APR-01-1997
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                      139,553,434
<INVESTMENTS-AT-VALUE>                     147,895,480
<RECEIVABLES>                                2,331,045
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                             6,074
<TOTAL-ASSETS>                             150,232,599
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      697,434
<TOTAL-LIABILITIES>                            697,434
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   141,187,001
<SHARES-COMMON-STOCK>                       14,908,458
<SHARES-COMMON-PRIOR>                       11,449,983
<ACCUMULATED-NII-CURRENT>                       55,607
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (49,489)
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<NET-ASSETS>                               149,535,165
<DIVIDEND-INCOME>                                    0
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<NET-CHANGE-FROM-OPS>                       14,049,882
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (5,521,851)
<DISTRIBUTIONS-OF-GAINS>                   (1,575,066)
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<EXPENSE-RATIO>                                   0.74
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000752322
<NAME> EXCELSIOR TAX-EXEMPT FUNDS, INC.
<SERIES>
   <NUMBER> 4
   <NAME> NEW YORK INTERMEDIATE-TERM TAX-EXEMPT FUND 
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
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<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                      144,768,393
<INVESTMENTS-AT-VALUE>                     149,219,257
<RECEIVABLES>                                1,700,070
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<TOTAL-ASSETS>                             152,579,763
<PAYABLE-FOR-SECURITIES>                    20,759,889
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      526,119
<TOTAL-LIABILITIES>                         21,286,008
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   127,126,569
<SHARES-COMMON-STOCK>                       14,940,460
<SHARES-COMMON-PRIOR>                       12,106,702
<ACCUMULATED-NII-CURRENT>                            0
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<ACCUMULATED-NET-GAINS>                      (283,646)
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<NET-ASSETS>                               131,293,755
<DIVIDEND-INCOME>                                    0
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<OTHER-INCOME>                                       0
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<REALIZED-GAINS-CURRENT>                     1,166,547
<APPREC-INCREASE-CURRENT>                    3,269,041
<NET-CHANGE-FROM-OPS>                        9,191,499
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (4,755,943)
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<SHARES-REINVESTED>                             40,167
<NET-CHANGE-IN-ASSETS>                      29,041,762
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                  (1,450,193) 
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          583,250
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                865,570
<AVERAGE-NET-ASSETS>                       116,667,262
<PER-SHARE-NAV-BEGIN>                             8.45
<PER-SHARE-NII>                                   0.35
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<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               8.79
<EXPENSE-RATIO>                                   0.71
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000752322
<NAME> EXCELSIOR TAX-EXEMPT FUNDS, INC.
<SERIES>
   <NUMBER> 6
   <NAME> SHORT-TERM TAX-EXEMPT SECURITIES FUND 
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
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<PERIOD-END>                               MAR-31-1998
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<INVESTMENTS-AT-VALUE>                      42,972,352
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<ASSETS-OTHER>                                       0
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<TOTAL-ASSETS>                              43,568,597
<PAYABLE-FOR-SECURITIES>                     1,063,467
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      159,653
<TOTAL-LIABILITIES>                          1,223,120
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    42,542,689
<SHARES-COMMON-STOCK>                        5,957,618
<SHARES-COMMON-PRIOR>                        5,841,143
<ACCUMULATED-NII-CURRENT>                            0
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<ACCUMULATED-NET-GAINS>                      (562,887)
<OVERDISTRIBUTION-GAINS>                             0
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<NET-ASSETS>                                42,345,477
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            1,790,752
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (242,700)
<NET-INVESTMENT-INCOME>                      1,548,052
<REALIZED-GAINS-CURRENT>                        74,408
<APPREC-INCREASE-CURRENT>                      350,314
<NET-CHANGE-FROM-OPS>                        1,972,774
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (1,548,057)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      2,733,984
<NUMBER-OF-SHARES-REDEEMED>                (2,634,790)
<SHARES-REINVESTED>                             17,281
<NET-CHANGE-IN-ASSETS>                       1,267,829
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                    (637,295)
<OVERDISTRIB-NII-PRIOR>                          (116)
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          123,368
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                267,162
<AVERAGE-NET-ASSETS>                        41,133,387
<PER-SHARE-NAV-BEGIN>                             7.03
<PER-SHARE-NII>                                   0.27
<PER-SHARE-GAIN-APPREC>                           0.08
<PER-SHARE-DIVIDEND>                            (0.27)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               7.11
<EXPENSE-RATIO>                                   0.59
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>


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