LIBERTY STEIN ROE FUNDS INCOME TRUST
485BPOS, EX-99.(I)(4), 2000-07-28
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                                            July 28, 2000



         As counsel for Liberty-Stein  Roe Funds Income Trust (the "Trust"),  we
consent to the  incorporation  by  reference  of our  opinions  relating  to the
respective series of the Trust filed as the following  exhibits to the following
post-effective amendments ("PEAs") to the Trust's registration statement on Form
N-1A, Securities Act File No. 33-02633:

Exhibit  Date of Date of to PEA Series  Opinion  Filing No. No.  ------  -------
------ --- --- SteinRoe Cash  Reserves (now named Stein Roe Cash Reserves  Fund)
12/10/87  08/16/96  10(b) 29  SteinRoe  Income  Fund (now named Stein Roe Income
Fund)  12/20/87  08/16/96 10(b) 29 Stein Roe  Intermediate  Bond Fund (now named
Stein Roe  Intermediate  Bond Fund)  12/20/87  08/16/96  10(b) 29 Stein Roe High
Yield Fund  10/25/96  10/28/96  10(c) 30 In giving this  consent we do not admit
that we are in the category of persons whose consent is required under Section 7
of the  Securities  Act of 1933.  Very truly  yours,  BELL,  BOYD & LLOYD LLC By
/s/Cameron S. Avery Cameron S. Avery


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