FIDELITY COURT STREET TRUST II, 497, 2000-01-04

FIDELITY COURT STREET TRUST II
497, 2000-01-04

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SUPPLEMENT TO THE SPARTAN(registered trademark) FLORIDA MUNICIPAL
FUNDS JANUARY 25, 1999 PROSPECTUS

On December 15, 1999, shareholders of Spartan Florida Municipal
Income Fund approved a proposal to change the fund's current
all-inclusive management fee structure to a group fee structure that
is standard for other comparable Fidelity municipal bond funds
effective January 1, 2000.

The following information replaces the first bullet under the
"Principal Investment Strategies" section for Spartan Florida
Municipal Money Market Fund on page 3.

(small solid bullet) Investing normally in municipal money market
securities, including a municipal money market fund managed by an
affiliate of FMR.

The following information replaces the first and third bullets
under the "Principal Investment Strategies" section for Spartan
Florida Municipal Income Fund on page 4.

(small solid bullet) Normally investing in invest ment-g rade
municipal debt securities (t hose of medium and high
quality).

(small solid bullet) Normally investing at least 80% of assets in
municipal securities whose interest is exempt from federal income
tax.

The following information replaces the first paragraph under the
"Principal Investment Strategies" section for Spartan Florida
Municipal Money Market Fund on page 8.

FMR normally invests the fund's assets in municipal money market
securities, including a municipal money market fund managed by an
affiliate of FMR.

The following information replaces the first paragraph under the
"Description of Principal Security Types" section on page 9.

MONEY MARKET SECURITIES are high-quality, short-term securities that
pay a fixed, variable, or floating interest rate. Securities are often
specifically structured so that they are eligible investments for a
money market fund. For example, in order to satisfy the maturity
restrictions for a money market fund, some money market securities
have demand or put features which have the effect of shortening the
security's maturity. Municipal money market securities include
variable rate demand notes, commercial paper, municipal notes and
municipal money market funds.

The following information replaces the third paragraph under the
heading "Principal Investment Strategies" for Spartan Florida
Municipal Money Market Fund on page 8.

FMR may invest the fund's assets in municipal securities subject to
the Florida intangible tax, but expects the fund to be exempt from the
Florida intangible tax. Although FMR does not currently intend to
invest the fund's assets in municipal securities whose interest is
subject to federal income tax, FMR may invest all of the fund's assets
in municipal securities whose interest is subject to the federal
alternative minimum tax.

The following information replaces the second paragraph under the
heading "Principal Investment Strategies" in the "Investment Details"
section for Spartan Florida Municipal Income Fund on page 8.

FMR normally invests at least 65% of the fund's total assets in
municipal securities exempt from the Florida intangible tax and
normally invests at least 80% of the fund's assets in municipal
securities whose interest is exempt from federal income tax. Municipal
securities exempt from the Florida intangible tax and whose interest
is exempt from federal income tax include securities issued by U.S.
territories and possessions, such as Guam, the Virgin Islands, and
Puerto Rico, and their political subdivisions and public
corporations.

The following information replaces the third paragraph under the
heading "Principal Investment Strategies" for Spartan Florida
Municipal Income Fund on page 9.

The following information replaces similar information found under
the heading "Fundamental Investment Policies" in the "Fund Basics"
section for Spartan Florida Municipal Income Fund on page 12.

SPARTAN FLORIDA MUNICIPAL INCOME FUND seeks the highest level of
current income exempt from federal income tax.

The following information replaces similar information found under the
heading "Tax Consequences" on page 24.

TAXES ON DISTRIBUTIONS. Each fund seeks to earn income and pay
dividends exempt from federal income tax, and also seeks exemption of
fund shares from the Florida intangible tax.

A portion of each fund's income, and the dividends you receive, may be
subject to federal income taxes. Each fund's income may be subject to
the federal alternative minimum tax. Each fund may also realize
taxable income or gains on the sale of municipal bonds and may make
taxable distributions.

The following information replaces similar information found under
the heading "Fund Man agement" in the "Fund Services" section on
page 26 .

Each fund pays a management fee to FMR. The management fee is
calculated and paid to FMR every month. FMR pays all of the other
expenses of Spartan Florida Municipal Money Market with limited
exceptions.

For Spartan Florida Municipal Income , the fee is calculated
by adding a group fee rate to an individual fund fee rate, dividing by
twelve, and multiplying the result by the fund's average net assets
throughou t the month .

The group fee rate is based on the average net assets of all the
mutual funds advised by FMR. This rate cannot rise above 0.37%, and it
drops as total assets under management increase.

For November 1999, the group fee rate would have been 0.1275%
for Spartan Florida Municipal Income. The individual fund fee
rate is 0.25 %.

For the fiscal year ended November 30, 1999, Spartan Florida
Municipal Income paid FMR a management fee of 0.55% of the fund's
average net assets and FMR paid all of the other expenses of the fund
with limited exceptions.

SUPPLEMENT TO THE
SPARTAN(registered trademark) FLORIDA MUNICIPAL MONEY MARKET FUND
A FUND OF FIDELITY COURT STREET TRUST II
SPARTAN FLORIDA MUNICIPAL INCOME FUND
A FUND OF FIDELITY COURT STREET TRUST
JANUARY 25, 1999
STATEMENT OF ADDITIONAL INFORMATION

THE FOLLOWING NON-FUNDAMENTAL LIMITATION REPLACES SPARTAN FLORIDA
MUNICIPAL MONEY MARKET FUND'S NON-FUNDAMENTAL LIMITATION (IV) IN THE
"INVESTMENT POLICIES AND LIMITATIONS" SECTION BEGINNING ON PAGE 2.

(iv) The fund may borrow money only (a) from a bank or from a
registered investment company or portfolio for which FMR or an
affiliate serves as investment adviser or (b) by engaging in reverse
repurchase agreements with any party (reverse repurchase agreements
are treated as borrowings for purposes of fundamental investment
limitation (3)).

THE FOLLOWING INFORMATION SUPPLEMENTS THE INFORMATION FOR SPARTAN
FLORIDA MUNICIPAL MONEY MARKET FUND FOUND IN THE "INVESTMENT POLICIES
AND LIMITATIONS" SECTION BEGINNING ON PAGE 2.

For purposes of normally investing at least 65% of the fund's total
assets in municipal securities exempt from Florida intangible tax, FMR
interprets "total assets" to exclude collateral received for
securities lending transactions.

THE FOLLOWING NON-FUNDAMENTAL LIMITATION REPLACES SPARTAN FLORIDA
MUNICIPAL INCOME FUND'S NON-FUNDAMENTAL LIMITATION (IV) IN THE
"INVESTMENT POLICIES AND LIMITATIONS" SECTION BEGINNING ON PAGE 2.

THE FOLLOWING INFORMATION SUPPLEMENTS THE INFORMATION FOR SPARTAN
FLORIDA MUNICIPAL INCOME FUND FOUND IN THE "INVESTMENT POLICIES AND
LIMITATIONS" SECTION BEGINNING ON PAGE 2.

THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND IN THE
"INVESTMENT POLICIES AND LIMITATIONS" SECTION BEGINNING ON PAGE 2.

SOURCES OF LIQUIDITY OR CREDIT SUPPORT. Issuers may employ various
forms of credit and liquidity enhancements, including letters of
credit, guarantees, puts, and demand features, and insurance provided
by domestic or foreign entities such as banks and other financial
institutions. FMR may rely on its evaluation of the credit of the
liquidity or credit enhancement provider in determining whether to
purchase a security supported by such enhancement. In evaluating the
credit of a foreign bank or other foreign entities, FMR will consider
whether adequate public information about the entity is available and
whether the entity may be subject to unfavorable political or economic
developments, currency controls, or other government restrictions that
might affect its ability to honor its commitment. Changes in the
credit quality of the entity providing the enhancement could affect
the value of the security or a fund's share price.

THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE
HEADING "FLORIDA TAX MATTERS" IN THE "DISTRIBUTIONS AND TAXES" SECTION
ON PAGE 21.

The State of Florida currently imposes an "intangible tax" at the
annual rate of two mills, or .20% on certain securities and other
intangible personal property owned by Florida residents. (Effective
January 1, 2000, the rate has been reduced to 1.5 mills or .15%). With
respect to the first mill, or first .10%, of the intangible tax, every
natural person is entitled each year to an exemption of the first
$20,000 of the value of the property subject to the tax. A husband and
wife filing jointly will have an exemption of $40,000. With respect to
the last mill, or last .10% (effective January 1, 2000 the last 0.5
mill or .005%), of the intangible tax, every natural person is
entitled each year to an exemption of the first $100,000 of the value
of the property subject to the tax. A husband and wife filing jointly
will have an exemption of $200,000. Notes, bonds, and other
obligations issued by the State of Florida or its municipalities,
counties, and other taxing districts, or by the U.S. government, its
agencies and certain U.S. territories and possessions (such as Guam,
Puerto Rico and the Virgin Islands) are exempt from this intangible
tax. If on the last business day of any year at least 90% of the net
assets of the fund consist of such exempt assets, then the fund's
shares will be wholly exempt from the Florida intangible tax payable
in the following year.

In order to take advantage of the exemption from the intangible tax in
any year, a fund must sell a sufficient amount of non-exempt assets
held in its portfolio during the year and reinvest the proceeds in
exempt assets on or before the last business day of the calendar year
to meet this 90% test. Transaction costs involved in restructuring a
fund in this fashion would likely reduce investment return and might
exceed any increased investment return the fund achieved by investing
in non-exempt assets during the year.

THE FOLLOWING INFORMATION HAS BEEN REMOVED FROM THE "TRUSTEES AND
OFFICERS" SECTION BEGINNING ON PAGE 24.

E. BRADLEY JONES (71), Trustee. Prior to his retirement in 1984,
Mr. Jones was Chairman and Chief Executive Officer of LTV Steel
Company. He is a Director of TRW Inc. (original equipment and
replacement products), Consolidated Rail Corporation, Birmingham Steel
Corporation, and RPM, Inc. (manufacturer of chemical products), and he
previously served as a Director of NACCO Industries, Inc. (mining and
manufacturing, 1985-1995), Hyster-Yale Materials Handling, Inc.
(1985-1995), and Cleveland-Cliffs Inc (mining), and as a Trustee of
First Union Real Estate Investments. In addition, he serves as a
Trustee of the Cleveland Clinic Foundation, where he has also been a
member of the Executive Committee as well as Chairman of the Board and
President, a Trustee and member of the Executive Committee of
University School (Cleveland), and a Trustee of Cleveland Clinic
Florida.

LEONARD M. RUSH (52), Assistant Treasurer (1994), is an employee of
FMR (1994). Prior to becoming Assistant Treasurer of the Fidelity
funds, Mr. Rush was Chief Compliance Officer of FMR Corp. (1993-1994)
and Chief Financial Officer of Fidelity Brokerage Services, Inc.
(1990-1993).

THE FOLLOWING INFORMATION SUPPLEMENTS THE SIMILAR INFORMATION FOUND IN
THE "TRUSTEES AND OFFICERS" SECTION BEGINNING ON PAGE 24.

*EDWARD C. JOHNSON 3d (68), Trustee and President, is Chairman, Chief
Executive Officer and a Director of FMR Corp.; a Director and Chairman
of the Board and of the Executive Committee of FMR; Chairman and a
Director of Fidelity Investments Money Management, Inc. (1998),
Fidelity Management & Research (U.K.) Inc., and Fidelity Management &
Research (Far East) Inc. Abigail Johnson, Member of the Advisory Board
of Fidelity Court Street Trust and Fidelity Court Street Trust II, is
Mr. Johnson's daughter.

ABIGAIL P. JOHNSON (38), Member of the Advisory Board of Fidelity
Court Street Trust and Fidelity Court Street Trust II (1999), is Vice
President of certain Equity Funds (1997), and is a Director of FMR
Corp. (1994). Before assuming her current responsibilities, Ms.
Johnson managed a number of Fidelity funds. Edward C. Johnson 3d,
Trustee and President of the Funds, is Ms. Johnson's father.

NED C. LAUTENBACH (55), Trustee (2000), has been a partner of
Clayton, Dubilier & Rice, Inc. (private equity investment firm) since
September 1998. Mr. Lautenbach was Senior Vice President of IBM
Corporation from 1992 until his retirement in July 1998. From 1993 to
1995 he was Chairman of IBM World Trade Corporation. He also was a
member of IBM's Corporate Executive Committee from 1994 to July 1998.
He is a Director of PPG Industries Inc. (glass, coating and chemical
manufacturer), Dynatech Corporation (global communications equipment),
Eaton Corporation (global manufacturer of highly engineered products)
and ChoicePoint Inc. (data identification, retrieval, storage, and
analysis).

MARIA F. DWYER (41), Deputy Treasurer (2000), is Deputy Treasurer
of the Fidelity funds and is a Vice President (1999) and an employee
(1996) of FMR. Prior to joining Fidelity, Ms. Dwyer served as Director
of Compliance for MFS Investment Management.

THE FOLLOWING INFORMATION REPLACES THE COMPENSATION TABLE FOUND IN THE
"TRUSTEES AND OFFICERS" SECTION BEGINNING ON PAGE 24.

The following table sets forth information describing the compensation
of each Trustee and Member of the Advisory Board of each fund for his
or her services for the fiscal year ended November 30, 1998, or
calendar year ended December 31, 1998, as applicable.

COMPENSATION TABLE

Trustees and Members of the Aggregate Compensation from Aggregate Compensation from Total Compensation from the
Advisory Board Spartan FL Muni Money MarketB Spartan FL Muni IncomeB Fund Complex*,A

Edward C. Johnson 3d** $ 0 $ 0 $ 0

Abigail P. Johnson** $ 0 $ 0 $ 0

J. Gary Burkhead** $ 0 $ 0 $ 0

Ralph F. Cox $ 174 $ 155 $ 223,500

Phyllis Burke Davis $ 173 $ 154 $ 220,500

Robert M. Gates $ 175 $ 156 $ 223,500

E. Bradley Jones**** $ 174 $ 155 $ 222,000

Donald J. Kirk $ 177 $ 158 $ 226,500

Ned C. Lautenbach*** $ 0 $ 0 $ 0

Peter S. Lynch** $ 0 $ 0 $ 0

William O. McCoy $ 175 $ 156 $ 223,500

Gerald C. McDonough $ 215 $ 191 $ 273,500

Marvin L. Mann $ 172 $ 153 $ 220,500

Robert C. Pozen** $ 0 $ 0 $ 0

Thomas R. Williams $ 175 $ 156 $ 223,500

</TABLE>

* Information is for the calendar year ended December 31, 1998 for 237
funds in the complex.

** Interested Trustees of the funds, Ms. Johnson and Mr. Burkhead are
compensated by FMR.

*** During the period from October 14, 1999 through December 31,
1999, Mr. Lautenbach served as a Member of the Advisory Board.
Effective January 1, 2000, Mr. Lautenbach serves as a Member of the
Board of Trustees.

**** Mr. Jones served on the Board of Trustees through December 31,
1999.

A Compensation figures include cash, amounts required to be deferred,
and may include amounts deferred at the election of Trustees. For the
calendar year ended December 31, 1998, the Trustees accrued required
deferred compensation from the funds as follows: Ralph F. Cox,
$75,000; Phyllis Burke Davis, $75,000; Robert M. Gates, $75,000; E.
Bradley Jones, $75,000; Donald J. Kirk, $75,000; William O. McCoy,
$75,000; Gerald C. McDonough, $87,500; Marvin L. Mann, $75,000; and
Thomas R. Williams, $75,000. Certain of the non-interested Trustees
elected voluntarily to defer a portion of their compensation as
follows: Ralph F. Cox, $55,039; William O. McCoy, $55,039; Marvin L.
Mann, $55,039; and Thomas R. Williams, $63,433.

B Compensation figures include cash.

THE FOLLOWING INFORMATION REPLACES THE SIMILAR INFORMATION FOUND IN
THE "MANAGEMENT CONTRACTS" SECTION BEGINNING ON PAGE 27.

MANAGEMENT-RELATED EXPENSES (SPARTAN FLORIDA MUNICIPAL
INCOME). In addition to the management fee payable to FMR and the
fees payable to the transfer, dividend disbursing, and shareholder
servicing agent and pricing and bookkeeping agent, the fund pays all
of its expenses that are not assumed by those parties. The fund pays
for the typesetting, printing, and mailing of its proxy materials to
shareholders, legal expenses, and the fees of the custodian, auditor,
and non-interested Trustees. The fund's management contract further
provides that the fund will pay for typesetting, printing, and mailing
prospectuses, statements of additional information, notices, and
reports to shareholders; however, under the terms of the fund's
transfer agent agreement, the transfer agent bears the costs of
providing these services to existing shareholders. Other expenses paid
by the fund include interest, taxes, brokerage commissions, the fund's
proportionate share of insurance premiums and Investment Company
Institute dues, and the costs of registering shares under federal
securities laws and making necessary filings under state securities
laws. The fund is also liable for such non-recurring expenses as may
arise, including costs of any litigation to which the fund may be a
party, and any obligation it may have to indemnify its officers and
Trustees with respect to litigation.

MANAGEMENT-RELATED EXPENSES (SPARTAN FLORIDA MUNICIPAL MONEY
MARKET). Under the terms of its management contract with the fund,
FMR is responsible for payment of all operating expenses of the fund
with certain exceptions. Specific expenses payable by FMR include
expenses for typesetting, printing, and mailing proxy materials to
shareholders, legal expenses, fees of the custodian, auditor, and
interested Trustees, the fund's proportionate share of insurance
premiums and Investment Company Institute dues, and the costs of
registering shares under federal securities laws and making necessary
filings under state securities laws. The fund's management contract
further provides that FMR will pay for typesetting, printing, and
mailing prospectuses, statements of additional information, notices,
and reports to shareholders; however, under the terms of the fund's
transfer agent agreement, the transfer agent bears the costs of
providing these services to existing shareholders. FMR also pays all
fees associated with transfer agent, dividend disbursing, and
shareholder services and pricing and bookkeeping services.

FMR pays all other expenses of Spartan Florida Municipal Money
Market with the following exceptions: fees and expenses of the
non-interested Trustees, interest, taxes, brokerage commissions (if
any), and such nonrecurring expenses as may arise, including costs of
any litigation to which the fund may be a party, and any obligation it
may have to indemnify its officers and Trustees with respect to
litigation.

MANAGEMENT FEES. For the services of FMR under the
management contract, Spartan Florida Municipal Money Market pays FMR a
monthly management fee at the annual rate of 0.50% of the fund's
average net assets throughout the month.

The management fee paid to FMR by Spartan Florida Municipal Money
Market is reduced by an amount equal to the fees and expenses paid by
the fund to the non-interested Trustees.

For the services of FMR under the management contract, Spartan
Florida Municipal Income pays FMR a monthly management fee which has
two components: a group fee rate and an individual fund fee rate.

The group fee rate is based on the monthly average net assets of
all of the registered investment companies with which FMR has
management contracts.

<TABLE>
<CAPTION>
<S> <C> <C> <C>
GROUP FEE RATE SCHEDULE EFFECTIVE ANNUAL FEE RATES

Average Group Assets Annualized Rate Group Net Assets Effective Annual Fee Rate

0 - $3 billion .3700% $ 1 billion .3700%

3 - 6 .3400 50 .2188

6 - 9 .3100 100 .1869

9 - 12 .2800 150 .1736

12 - 15 .2500 200 .1652

15 - 18 .2200 250 .1587

18 - 21 .2000 300 .1536

21 - 24 .1900 350 .1494

24 - 30 .1800 400 .1459

30 - 36 .1750 450 .1427

36 - 42 .1700 500 .1399

42 - 48 .1650 550 .1372

48 - 66 .1600 600 .1349

66 - 84 .1550 650 .1328

84 - 120 .1500 700 .1309

120 - 156 .1450 750 .1291

156 - 192 .1400 800 .1275

192 - 228 .1350 850 .1260

228 - 264 .1300 900 .1246

264 - 300 .1275 950 .1233

300 - 336 .1250 1,000 .1220

336 - 372 .1225 1,050 .1209

372 - 408 .1200 1,100 .1197

408 - 444 .1175 1,150 .1187

444 - 480 .1150 1,200 .1177

480 - 516 .1125 1,250 .1167

516 - 587 .1100 1,300 .1158

587 - 646 .1080 1,350 .1149

646 - 711 .1060 1,400 .1141

711 - 782 .1040

782 - 860 .1020

860 - 946 .1000

946 - 1,041 .0980

1,041 - 1,145 .0960

1,145 - 1,260 .0940

over 1,260 .0920

</TABLE>

The group fee rate is calculated on a cumulative basis pursuant to
the graduated fee rate schedule shown above on the left. The schedule
above on the right shows the effective annual group fee rate at
various asset levels, which is the result of cumulatively applying the
annualized rates on the left. For example, the effective annual fee
rate at $800 billion of group net assets - the approximate level for
November 1999 - was 0.1275%, which is the weighted average of the
respective fee rates for each level of group net assets up to $800
billion.

The individual fund fee rate for Spartan Florida Municipal Income
is 0.25%. Based on the average group net assets of the funds advised
by FMR for November 1999, the fund's annual management fee rate would
be calculated as follows:

Group Fee Rate Individual Fund Fee Rate Management Fee Rate

Spartan Florida Municipal 0.1275% + 0.25% = 0.3775%
Income

</TABLE>

One-twelfth of the management fee rate is applied to the fund's
average net assets for the month, giving a dollar amount which is the
fee for that month.

THE FOLLOWING INFORMATION REPLACES THE FIRST, EIGHTH, AND TENTH
PARAGRAPHS FOUND IN THE "TRANSFER AND SERVICE AGENT AGREEMENTS"
SECTION ON PAGE 29.

Each fund has entered into a transfer agent agreement with Citibank,
N.A., which is located at 111 Wall Street, New York, New York. Under
the terms of the agreements, Citibank, N.A. provides transfer agency,
dividend disbursing, and shareholder services for each fund. Citibank,
N.A. in turn has entered into sub-transfer agent agreements with FSC,
an affiliate of FMR. Under the terms of the sub-agreements, FSC
performs all processing activities associated with providing these
services for each fund and receives all related transfer agency fees
paid to Citibank, N.A.

In addition, Citibank, N.A. receives the pro rata portion of the
transfer agency fees applicable to shareholder accounts in a qualified
state tuition program (QSTP), as defined under the Small Business Job
Protection Act of 1996, managed by FMR or an affiliate and each
Fidelity Freedom Fund, a fund of funds managed by an FMR affiliate,
according to the percentage of the QSTP's or Freedom Fund's assets
that is invested in a fund.

Each fund has also entered into a service agent agreement with
Citibank, N.A. Under the terms of the agreements, Citibank, N.A.
provides pricing and bookkeeping services for each fund. Citibank,
N.A. in turn has entered into sub-service agent agreements with FSC.
Under the terms of the sub-agreements, FSC performs all processing
activities associated with providing these services, including
calculating the NAV and dividends for each fund and maintaining each
fund's portfolio and general accounting records, and receives all
related pricing and bookkeeping fees paid to Citibank, N.A.

THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION IN THE
"DESCRIPTION OF THE TRUSTS" SECTION BEGINNING ON PAGE 29.

CUSTODIAN. Citibank, N.A., 111 Wall Street, New York, New York, is
custodian of the assets of the funds. The custodian is responsible for
the safekeeping of a fund's assets and the appointment of any
subcustodian banks and clearing agencies.

SUPPLEMENT TO THE FIDELITY CONNECTICUT MUNICIPAL FUNDS JANUARY 25,
1999 PROSPECTUS

On December 15, 1999, shareholders of Spartan Connecticut Municipal
Income Fund approved a proposal to change the fund's current
all-inclusive management fee structure to a group fee structure that
is standard for other comparable Fidelity municipal bond funds
effective January 1, 2000.

The following information replaces similar information found under the
heading "Principal Investment Strategies" in the "Investment Summary"
section on page 3:

(small solid bullet) Investing normally in municipal money market
securities, including a municipal money market fund managed by an
affiliate of FMR.

The following information replaces similar information for
Spartan(registered trademark) Connecticut Municipal Money Market Fund
found under the heading "Principal Investment Strategies" in the
"Investment Summary" section on page 4:

(small solid bullet) Investing normally in municipal money market
securities, including a municipal money market fund managed by an
affiliate of FMR.

The following information replaces the second bullet found under
the heading "Principal Investment Strategies" in the "Fund Summary"
section for Spartan Connecticut Municipal Income Fund on page 4.

(small solid bullet) Normally investing at least 80% of
assets in municipal securities whose interest is exempt from
federal and Connecticut personal income taxes .

The following information replaces similar information for Connecticut
Municipal Money Market Fund found under the heading "Principal
Investment Strategies" in the "Investment Details" section on page 11:

FMR normally invests the fund's assets in municipal money market
securities, including a municipal money market fund managed by an
affiliate of FMR.

The following information replaces similar information for Spartan
Connecticut Municipal Money Market Fund found under the heading
"Principal Investment Strategies" in the "Investment Details" section
on page 11:

FMR normally invests the fund's assets in municipal money market
securities, including a municipal money market fund managed by an
affiliate of FMR.

The following information replaces the second paragraph under the
heading "Principal Investment Strategies" in the "Investment Details"
section for Spartan Connecticut Municipal Income Fund on page 12.

FMR normally invests at least 80% of the fund's assets in municipal
securities whose interest is exempt from federal and Connecticut
personal in come taxes. Municipal securities whose interest is
exempt from federal and Connecticut income taxes include securities
issued by U.S. territories and possessions, such as Guam, the Virgin
Islands, and Puerto Rico, and their political subdivisions and public
corporations.

The following information replaces similar information found under the
heading "Description of Principal Security Types" in the "Investment
Details" section on page 13:

MONEY MARKET SECURITIES are high-quality, short-term securities that
pay a fixed, variable or floating interest rate. Securities are often
specifically structured so that they are eligible investments for a
money market fund. For example, in order to satisfy the maturity
restrictions for a money market fund, some money market securities
have demand or put features which have the effect of shortening the
security's maturity. Municipal money market securities include
variable rate demand notes, commercial paper, municipal notes and
municipal money market funds.

The following information replaces similar information found under
the heading "Fundamental Investment Policies" in the "Fund Fund
Basics" section for Spartan Connecticut Municipal Income Fund on page
15.

SPARTAN CONNECTICUT MUNICIPAL INCOME FUND seeks a high level of
current income, exempt from federal income tax and Connecticut
personal income tax.

The following information replaces similar information found under
the heading "Fund Man agement" in the "Fund Services" section on
page 31.

Each fund pays a management fee to FMR. The management fee is
calculated and paid to FMR every month.

FMR pays all of the other expenses of Spartan Connecticut Municipal
Money Market with limited exceptions.

Spartan Connecticut Municipal Money Market's annual management fee
rate is 0.50% of its average net assets.

For Spartan Connecticut Municipal Income and Connecticut Municipal
Money Market, the fee is calculated by adding a group fee rate to an
individual fund fee rate, dividing by twelve, and multiplying the
result by the fund's average net assets throughout the month.

The group fee rate is based on the average net assets of all the
mutual funds advised by FMR. This rate cannot rise above 0.37%, and it
drops as total assets under management increase.

For November 1999 , the group fee rate was 0.1275% for
Connecticut Municipal Money Market and the group fee rate would have
been 0.1275% for Spartan Connecticut Municipal Income . The
individual fund fee rate is 0.25% for Connecticut Municipal Money
Market and 0.25% for Spartan Connecticut Municipal Income.

The total management fee for the fiscal year ended November 30,
1999, was 0.38% of the fund's average net assets for Connecticut
Municipal Money Market.

For the fiscal year ended November 30, 1999, Spartan Connecticut
Municipal Income paid FMR a management fee of 0.55% of the fund's
average net assets and FMR paid all of the other expenses of the fund
with limited exceptions .

SUPPLEMENT TO THE
FIDELITY CONNECTICUT MUNICIPAL MONEY MARKET FUND
SPARTAN(registered trademark) CONNECTICUT MUNICIPAL MONEY MARKET FUND
SPARTAN CONNECTICUT MUNICIPAL INCOME FUND
JANUARY 25, 1999
STATEMENT OF ADDITIONAL INFORMATION

THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE
HEADING "INVESTMENT LIMITATIONS OF FIDELITY CONNECTICUT MUNICIPAL
MONEY MARKET FUND" IN THE "INVESTMENT POLICIES AND LIMITATIONS"
SECTION ON PAGE 2:

(ii) The fund may borrow money only (a) from a bank or from a
registered investment company or portfolio for which FMR or an
affiliate serves as an investment adviser or (b) by engaging in
reverse repurchase agreements with any party (reverse repurchase
agreements are treated as borrowings for purposes of fundamental
investment limitation (5)).

THE FOLLOWING INFORMATION SUPPLEMENTS INFORMATION FOUND UNDER THE
HEADING "INVESTMENT LIMITATIONS OF FIDELITY CONNECTICUT MUNICIPAL
MONEY MARKET FUND" IN THE "INVESTMENT POLICIES AND LIMITATIONS"
SECTION BEGINNING ON PAGE 2:

For purposes of normally investing at least 65% of the fund's total
assets in municipal securities whose interest is exempt from
Connecticut personal income tax, FMR interprets "total assets" to
exclude collateral received for securities lending transactions.

THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE
HEADING "INVESTMENT LIMITATIONS OF SPARTAN CONNECTICUT MUNICIPAL MONEY
MARKET FUND" IN THE "INVESTMENT POLICIES AND LIMITATIONS" SECTION ON
PAGE 3:

(ii) The fund may borrow money only (a) from a bank or from a
registered investment company or portfolio for which FMR or an
affiliate serves as investment adviser or (b) by engaging in reverse
repurchase agreements with any party (reverse repurchase agreements
are treated as borrowings for purposes of fundamental investment
limitation (5)).

THE FOLLOWING INFORMATION SUPPLEMENTS INFORMATION FOUND UNDER THE
HEADING "INVESTMENT LIMITATIONS OF SPARTAN CONNECTICUT MUNICIPAL MONEY
MARKET FUND" IN THE "INVESTMENT POLICIES AND LIMITATIONS" SECTION
BEGINNING ON PAGE 3:

THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE
HEADING "INVESTMENT LIMITATIONS OF SPARTAN CONNECTICUT MUNICIPAL
INCOME FUND" IN THE "INVESTMENT POLICIES AND LIMITATIONS" SECTION
BEGINNING ON PAGE 4:

THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND IN THE
"INVESTMENT POLICIES AND LIMITATIONS" SECTION ON PAGE 11:

THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND IN THE
"TRUSTEES AND OFFICERS" SECTION ON PAGE 25:

EDWARD C. JOHNSON 3d (68), Trustee and President, is Chairman, Chief
Executive Officer and a Director of FMR Corp.; a Director and Chairman
of the Board and of the Executive Committee of FMR; Chairman and a
Director of Fidelity Investments Money Management, Inc. (1998),
Fidelity Management & Research (U.K.) Inc., and Fidelity Management &
Research (Far East) Inc. Abigail Johnson, Member of the Advisory Board
of Fidelity Court Street Trust and Fidelity Court Street Trust II
(1999), is Mr. Johnson's daughter.

THE FOLLOWING INFORMATION SUPPLEMENTS THE INFORMATION FOUND IN THE
"TRUSTEES AND OFFICERS" SECTION BEGINNING ON PAGE 25:

ABIGAIL P. JOHNSON (36), Member of the Advisory Board of Fidelity
Court Street Trust and Fidelity Court Street Trust II (1999), is Vice
President of certain Equity Funds (1997), and is a Director of FMR
Corp. (1994). Before assuming her current responsibilities, Ms.
Johnson managed a number of Fidelity funds. Edward C. Johnson 3d,
Trustee and President of the Funds, is Ms. Johnson's father.

NED C. LAUTENBACH (55), Trustee (2000), has been a partner of Clayton,
Dubilier & Rice, Inc. (private equity investment firm) since September
1998. Mr. Lautenbach was Senior Vice President of IBM Corporation from
1992 until his retirement in July 1998. From 1993 to 1995 he was
Chairman of IBM World Trade Corporation. He also was a member of IBM's
Corporate Executive Committee from 1994 to July 1998. He is a Director
of PPG Industries Inc. (glass, coating and chemical manufacturer),
Dynatech Corporation (global communications equipment), Eaton
Corporation (global manufacturer of highly engineered products) and
ChoicePoint Inc. (data identification, retrieval, storage, and
analysis).

THE FOLLOWING INFORMATION HAS BEEN REMOVED FROM THE "TRUSTEES AND
OFFICERS" SECTION ON PAGE 26.

THE FOLLOWING INFORMATION HAS BEEN REMOVED FROM IN THE "TRUSTEES
AND OFFICERS" SECTION ON PAGE 27.

THE FOLLOWING INFORMATION REPLACES THE COMPENSATION TABLE FOUND IN THE
"TRUSTEES AND OFFICERS" SECTION ON PAGE 28.

COMPENSATION TABLE

<TABLE>
<CAPTION>
<S> <C> <C> <C>
Trustees and Members of the Aggregate Compensation from Aggregate Compensation from Aggregate Compensation from
Advisory Board Spartan CT Muni Money MarketB CT Muni Money MarketB Spartan CT Muni IncomeB

Edward C. Johnson 3d** $ 0 $ 0 $ 0

Abigail P. Johnson** $ 0 $ 0 $ 0

J. Gary Burkhead** $ 0 $ 0 $ 0

Ralph F. Cox $ 63 $ 158 $ 128

Phyllis Burke Davis $ 63 $ 157 $ 127

Robert M. Gates $ 64 $ 159 $ 129

E. Bradley Jones**** $ 63 $ 158 $ 128

Donald J. Kirk $ 64 $ 162 $ 130

Ned C. Lautenbach*** $ 0 $ 0 $ 0

Peter S. Lynch** $ 0 $ 0 $ 0

William O. McCoy $ 64 $ 159 $ 129

Gerald C. McDonough $ 78 $ 196 $ 158

Marvin L. Mann $ 63 $ 157 $ 127

Robert C. Pozen** $ 0 $ 0 $ 0

Thomas R. Williams $ 64 $ 159 $ 129

</TABLE>

<TABLE>
<CAPTION>
<S> <C>
Trustees and Members of the Total Compensation from the
Advisory Board Fund Complex*, A

Edward C. Johnson 3d** $ 0

Abigail P. Johnson** $ 0

J. Gary Burkhead** $ 0

Ralph F. Cox $ 223,500

Phyllis Burke Davis $ 220,500

Robert M. Gates $ 223,500

E. Bradley Jones**** $ 222,000

Donald J. Kirk $ 226,500

Ned C. Lautenbach*** $ 0

Peter S. Lynch** $ 0

William O. McCoy $ 223,500

Gerald C. McDonough $ 273,500

Marvin L. Mann $ 220,500

Robert C. Pozen** $ 0

Thomas R. Williams $ 223,500

</TABLE>

* Information is for the calendar year ended December 31, 1998 for
237 funds in the complex.

** Interested Trustees of the funds, Ms. Johnson and Mr. Burkhead
are compensated by FMR.

**** Mr. Jones served on the Board of Trustees through December 31,
1999.

B Compensation figures include cash.

THE FOLLOWING INFORMATION REPLACES THE SIMILAR INFORMATION FOUND IN
THE "MANAGEMENT CONTRACTS" SECTION BEGINNING ON
PAGE 29.

MANAGEMENT-RELATED EXPENSES (CONNECTICUT MUNICIPAL MONEY MARKET
AND SPARTAN CONNECTICUT MUNICIPAL INCOME). In addition to the
management fee payable to FMR and the fees payable to the transfer,
dividend disbursing, and shareholder servicing agent, and pricing and
bookkeeping agent, each fund pays all of its expenses that are not
assumed by those parties. Each fund pays for the typesetting,
printing, and mailing of its proxy materials to shareholders, legal
expenses, and the fees of the custodian, auditor, and non-interested
Trustees. Each fund's management contract further provides that the
fund will pay for typesetting, printing, and mailing prospectuses,
statements of additional information, notices, and reports to
shareholders; however, under the terms of each fund's transfer agent
agreement, the transfer agent bears the costs of providing these
services to existing shareholders. Other expenses paid by each fund
include interest, taxes, brokerage commissions, each fund's
proportionate share of insurance premiums and Investment Company
Institute dues, and the costs of registering shares under federal
securities laws and making necessary filings under state securities
laws. Each fund is also liable for such non-recurring expenses as may
arise, including costs of any litigation to which the fund may be a
party, and any obligation it may have to indemnify its officers and
Trustees with respect to litigation.

MANAGEMENT-RELATED EXPENSES (SPARTAN CONNECTICUT MUNICIPAL
MONEY MARKET). Under the terms of its management contract with the
fund, FMR is responsible for payment of all operating expenses of the
fund with certain exceptions. Specific expenses payable by FMR include
expenses for typesetting, printing, and mailing proxy materials to
shareholders, legal expenses, fees of the custodian, auditor, and
interested Trustees, the fund's proportionate share of insurance
premiums and Investment Company Institute dues, and the costs of
registering shares under federal securities laws and making necessary
filings under state securities laws. The fund's management contract
further provides that FMR will pay for typesetting, printing, and
mailing prospectuses, statements of additional information, notices,
and reports to shareholders; however, under the terms of the fund's
transfer agent agreement, the transfer agent bears the costs of
providing these services to existing shareholders. FMR also pays all
fees associated with transfer agent, dividend disbursing, and
shareholder services and pricing and bookkeeping services.

FMR pays all other expenses of Spartan Connecticut Municipal Money
Market with the following exceptions: fees and expenses of the
non-interested Trustees, interest, taxes, brokerage commissions (if
any), and such nonrecurring expenses as may arise, including costs of
any litigation to which the fund may be a party, and any obligation it
may have to indemnify its officers and Trustees with respect to
litigation.

MANAGEMENT FEES. For the services of FMR under the
management contract, Spartan Connecticut Municipal Money Market pays
FMR a monthly management fee at the annual rate of 0.50% of the fund's
average net assets throughout the month.

The management fee paid to FMR by Spartan Connecticut Municipal
Money Market is reduced by an amount equal to the fees and expenses
paid by the fund to the non-interested Trustees.

For the services of FMR under the management contract, Connecticut
Municipal Money Market and Spartan Connecticut Municipal Income each
pays FMR a monthly management fee which has two components: a group
fee rate and an individual fund fee rate.

The group fee rate is based on the monthly average net assets of
all of the registered investment companies with which FMR has
management contracts.

THE FOLLOWING INFORMATION REPLACES THE "GROUP FEE RATE" AND "EFFECTIVE
ANNUAL FEE RATE" SCHEDULES FOUND ON PAGE 30.

<TABLE>
<CAPTION>
<S> <C> <C> <C>
GROUP FEE RATE SCHEDULE EFFECTIVE ANNUAL FEE RATES

Average Group Assets Annualized Rate Group Net Assets Effective Annual Fee Rate

0 - $3 billion .3700% $ 1 billion .3700%

3 - 6 .3400 50 .2188

6 - 9 .3100 100 .1869

9 - 12 .2800 150 .1736

12 - 15 .2500 200 .1652

15 - 18 .2200 250 .1587

18 - 21 .2000 300 .1536

21 - 24 .1900 350 .1494

24 - 30 .1800 400 .1459

30 - 36 .1750 450 .1427

36 - 42 .1700 500 .1399

42 - 48 .1650 550 .1372

48 - 66 .1600 600 .1349

66 - 84 .1550 650 .1328

84 - 120 .1500 700 .1309

120 - 156 .1450 750 .1291

156 - 192 .1400 800 .1275

192 - 228 .1350 850 .1260

228 - 264 .1300 900 .1246

264 - 300 .1275 950 .1233

300 - 336 .1250 1,000 .1220

336 - 372 .1225 1,050 .1209

372 - 408 .1200 1,100 .1197

408 - 444 .1175 1,150 .1187

444 - 480 .1150 1,200 .1177

480 - 516 .1125 1,250 .1167

516 - 587 .1100 1,300 .1158

587 - 646 .1080 1,350 .1149

646 - 711 .1060 1,400 .1141

711 - 782 .1040

782 - 860 .1020

860 - 946 .1000

946 - 1,041 .0980

1,041 - 1,145 .0960

1,145 - 1,260 .0940

Over 1,260 .0920

</TABLE>

THE FOLLOWING INFORMATION REPLACES THE SIMILAR INFORMATION FOUND IN
THE "MANAGEMENT CONTRACTS" SECTION ON PAGE 30.

The group fee rate is calculated on a cumulative basis pursuant to
the graduated fee rate schedule shown above on the left. The schedule
above on the right shows the effective annual group fee rate at
various asset levels, which is the result of cumulatively applying the
annualized rates on the left. For example, the effective annual fee
rate at $800 billion of group net assets - the approximate level for
November 1999 was 0.1275%, which is the weighted average of the
respective fee rates for each level of group net assets up to $800
billion.

The individual fund fee rate for Connecticut Municipal Money Market
and Spartan Connecticut Municipal Income is 0.25%. Based on the
average group net assets of the funds advised by FMR for November
1999, each fund's annual management fee rate would be calculated as
follows:

Group Fee Rate Individual Fund Fee Rate Management Fee Rate

CT Muni Money Market 0.1275% + 0.25% = 0.3775%

Spartan CT Muni Income 0.1275% + 0.25% = 0.3775%

</TABLE>

One-twelfth of the management fee rate is applied to each
fund's average net assets for the month, giving a dollar amount which
is the fee for that month.

THE FOLLOWING INFORMATION REPLACES THE FIRST PARAGRAPH IN THE
"TRANSFER AND SERVICE AGENT AGREEMENTS" SECTION BEGINNING ON PAGE 32:

THE FOLLOWING INFORMATION REPLACES THE EIGHTH PARAGRAPH IN THE
"TRANSFER AND SERVICE AGENT AGREEMENTS" SECTION BEGINNING ON PAGE 32:

THE FOLLOWING INFORMATION REPLACES THE TENTH PARAGRAPH IN THE
"TRANSFER AND SERVICE AGENT AGREEMENTS" SECTION BEGINNING ON PAGE 32:

THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND UNDER THE
HEADING "CUSTODIAN" ON PAGE 34.

SUPPLEMENT TO FIDELITY'S NEW JERSEY MUNICIPAL FUNDS JANUARY 25, 1999,
PROSPECTUS

On December 15, 1999, shareholders of Spartan New Jersey Municipal
Income Fund approved a proposal to change the fund's current
all-inclusive management fee structure to a group fee structure that
is standard for other comparable Fidelity municipal bond funds
effective January 1, 2000.

The following information replaces similar information found under the
heading "Principal Investment Strategies" in the "Investment Summary"
section on page 3 for New Jersey Municipal Money Market Fund and
Spartan New Jersey Municipal Money Market Fund.

(small solid bullet) Investing normally in municipal money market
securities, including a municipal money market fund managed by an
affiliate of FMR.

The following information replaces the second bullet under the
heading "Principal Investment Strategies" in the "Fund Summary"
section for Spartan New Jersey Municipal Income Fund on page 4.

(small solid bullet) Normally investing at least 80% of assets in
municipal securities whose interest is exempt from federal income tax
and the New Jersey Gross Income Tax.

The following information replaces the fourth bullet under the heading
"Principal Investment Strategies" in the "Investment Summary" section
for Spartan New Jersey Municipal Income Fund on page 4.

(small solid bullet) Managing the fund to have similar overall
interest rate risk to the Lehman Brothers New Jersey 4 Plus Year
Municipal Bond Index with Port Authority of New York/New Jersey.

The following information replaces similar information found under the
heading "Principal Investment Strategies" in the "Investment Details"
section on page 11 for New Jersey Municipal Money Market Fund and
Spartan New Jersey Municipal Money Market Fund.

FMR normally invests the fund's assets in municipal money market
securities, including a municipal money market fund managed by an
affiliate of FMR.

The following information replaces the second paragraph under the
heading "Principal Investment Strategies" in the "Investment Details"
section for Spartan New Jersey Municipal Income Fund on page 12.

FMR normally invests at least 80% of the fund's assets in municipal
securities whose interest is exempt from federal income tax and the
New Jersey Gross Income Tax. Municipal securities whose
interest is exempt from federal income tax and the New Jersey Gross
Income Tax include securities issued by U.S. territories and
possessions, such as Guam, the Virgin Islands, and Puerto Rico, and
their political subdivisions and public corporations.

The following information replaces the fifth paragraph under the
heading "Principal Investment Strategies" in the "Investment Details"
section for Spartan New Jersey Municipal Income Fund on page 12.

FMR uses the Lehman Brothers New Jersey 4 Plus Year Municipal Bond
Index with Port Authority of New York/New Jersey as a guide in
structuring the fund and selecting its investments. FMR manages the
fund to have similar overall interest rate risk to the index. As of
October 31, 1999, the dollar-weighted average maturity of the fund and
the index was approximately 11.2 and 15.0 years, respectively.

The following information replaces similar information found under the
heading "Description of Principal Security Types" in the "Investment
Details" section on page 13.

The following information replaces similar information found under
the heading "Fundamental Investment Policies" in the "Fund Basics"
section for Spartan New Jersey Municipal Income Fund on page 15.

SPARTAN NEW JERSEY MUNICIPAL INCOME FUND seeks a high level of
current income exempt from federal income tax and the New Jersey Gross
Income Tax.

The following information replaces similar information found under
the heading "Fund Man agement" in the "Fund Services" section on
page 32.

Each fund pays a management fee to FMR. The management fee is
calculated and paid to FMR every month. FMR pays all of the other
expenses of Spartan New Jersey Municipal Money Market with limited
exceptions.

Spartan New Jersey Municipal Money Market's annual management fee
rate is 0.50% of its average net assets.

For Fidelity New Jersey Municipal Money Market and Spartan New
Jersey Municipal Income, the fee is calculated by adding a group fee
rate to an individual fund fee rate, dividing by twelve, and
multiplying the result by the fund's average net assets throughout the
month.

The group fee rate is based on the average net assets of all the
mutual funds advised by FMR. This rate cannot rise above 0.37%, and it
drops as total assets under management increase.

For November 1999, the group fee was 0.1275% for Fidelity New
Jersey Municipal Money Market and the group fee would have been
0.1275% for Spartan New Jersey Municipal Income. The individual fund
fee rate is 0.25% for Fidelity New Jersey Municipal Money Market and
Spartan New Jersey Municipal Income.

The total management fee for the fiscal year ended November 30,
1999, was 0.38% of the fund's average net assets for Fidelity New
Jersey Municipal Money Market. For the fiscal year ended November 30,
1999, Spartan New Jersey Municipal Income paid FMR a management fee of
0.55% of the fund's average net assets and FMR paid all of the other
expenses of the fund with limited exceptions.

SUPPLEMENT TO
FIDELITY'S NEW JERSEY MUNICIPAL FUNDS
JANUARY 25, 1999
STATEMENT OF ADDITIONAL INFORMATION

THE FOLLOWING REPLACES SIMILAR INFORMATION FOUND UNDER THE HEADING
"INVESTMENT LIMITATIONS OF SPARTAN NEW JERSEY MUNICIPAL MONEY MARKET
FUND" IN THE "INVESTMENT POLICIES AND LIMITATIONS" SECTION BEGINNING
ON PAGE 2.

THE FOLLOWING REPLACES SIMILAR INFORMATION FOUND UNDER THE HEADING
"INVESTMENT LIMITATIONS OF FIDELITY NEW JERSEY MUNICIPAL MONEY MARKET
FUND" IN THE "INVESTMENT POLICIES AND LIMITATIONS" SECTION BEGINNING
ON PAGE 2.

THE FOLLOWING REPLACES SIMILAR INFORMATION FOUND UNDER THE HEADING
"INVESTMENT LIMITATIONS OF SPARTAN NEW JERSEY MUNICIPAL INCOME FUND"
IN THE "INVESTMENT POLICIES AND LIMITATIONS" SECTION BEGINNING ON PAGE
2.

THE FOLLOWING REPLACES SIMILAR INFORMATION FOUND IN THE "PERFORMANCE"
SECTION BEGINNING ON PAGE 19.

HISTORICAL BOND FUND RESULTS. The following table shows the fund's
yield, tax-equivalent yield and return for the fiscal periods ended
November 30, 1998.

The tax-equivalent yields for Spartan New Jersey Municipal Money
Market, New Jersey Municipal Money Market and Spartan New Jersey
Municipal Income are based on a combined federal and state income tax
rate of 40.08% and reflect that, as of November 30, 1998, 6.95%, 9.36%
and 0.00%, respectively, of the funds' income was subject to state
taxes. Note that each fund may invest in securities whose income is
subject to the federal alternative minimum tax.

Average Annual Returns

Seven-Day Yield Tax- Equivalent Yield One Year Five Years Life of Fund*

Spartan NJ Muni Money Market 2.84% 4.72% 3.06% 3.15% 3.38%

</TABLE>

<TABLE>
<CAPTION>
<S> <C> <C> <C>
Cumulative Returns

One Year Five Years Life of Fund*

Spartan NJ Muni Money Market 3.06% 16.75% 33.09%

</TABLE>

* From May 1, 1990 (commencement of operations).
Note: If FMR had not reimbursed certain fund expenses during these
periods, the fund's returns would have been lower.

Average Annual Returns Cumulative Returns

Seven-Day Yield Tax- Equivalent Yield One Year Five Years Ten Years One Year

NJ Muni Money
Market 2.72% 4.51% 2.93% 2.88% 3.55% 2.93%

</TABLE>

Five Years Ten Years

NJ Muni Money Market 15.25% 41.76%

</TABLE>

Note: If FMR had not reimbursed certain fund expenses during these
periods, the fund's returns would have been lower.

Average Annual Returns

Thirty-Day Yield Tax- Equivalent Yield One Year Five Years Ten Years

Spartan NJ Muni Income 4.02% 6.71% 6.96% 5.74% 7.95%

</TABLE>

<TABLE>
<CAPTION>
<S> <C> <C> <C>
Cumulative Returns

One Year Five Years Ten Years

Spartan NJ Muni Income 6.96% 32.20% 114.83%

</TABLE>

Note: If FMR had not reimbursed certain fund expenses during these
periods, the fund's returns would have been lower.

THE FOLLOWING INFORMATION REPLACES THE FOURTH PARAGRAPH UNDER THE
HEADING "PERFORMANCE COMPARISONS" IN THE "PERFORMANCE" SECTION ON PAGE
23.

Spartan New Jersey Municipal Income Fund may compare its performance
to the Lehman Brothers Municipal Bond Index, a market value-weighted
index of investment-grade municipal bonds with maturities of one year
or more. Spartan New Jersey Municipal Income may also compare its
performance to that of the Lehman Brothers New Jersey Municipal Bond
Index with Port Authority of NY/NJ, a market value-weighted index of
New Jersey investment-grade municipal bonds, including Port Authority
of New York and New Jersey bonds, with maturities of one year or more.
Spartan New Jersey Municipal Income may also compare its performance
to that of the Lehman Brothers New Jersey 4 Plus Year Municipal Bond
Index with Port Authority of NY/NJ, a market value-weighted index of
New Jersey investment-grade municipal bonds, including Port Authority
of New York and New Jersey bonds, with maturities of four years or
more. Issues included in each index have been issued after December
31, 1990, have an outstanding par value of at least $3 million, and
have been issued as part of an offering of at least $50 million.
Subsequent to December 31, 1995, zero coupon bonds and issues subject
to the alternative minimum tax are included in each index. Beginning
January 1, 2000, issues included in each index will have an
outstanding par value of at least $5 million.

THE FOLLOWING INFORMATION HAS BEEN REMOVED FROM THE "TRUSTEES AND
OFFICERS" SECTION BEGINNING ON PAGE 25.

E. BRADLEY JONES (71), Trustee. Prior to his retirement in 1984,
Mr. Jones was Chairman and Chief Executive Officer of LTV Steel
Company. He is a Director of TRW Inc. (automotive, space, defense, and
information technology), CSX Corporation (freight transportation),
Birmingham Steel Corporation (producer of steel and steel products),
and RPM, Inc. (manufacturer of chemical products), and he previously
served as a Director of NACCO Industries, Inc. (mining and
manufacturing, 1985-1995), Hyster-Yale Materials Handling, Inc.
(1985-1995), and Cleveland-Cliffs Inc (mining, 1985-1997), and as a
Trustee of First Union Real Estate Investments (1986-1997). In
addition, he serves as a Trustee of the Cleveland Clinic Foundation,
where he has also been a member of the Executive Committee as well as
Chairman of the Board and President, a Trustee of University School
(Cleveland), and a Trustee of Cleveland Clinic Florida.

THE FOLLOWING INFORMATION SUPPLEMENTS THE SIMILAR INFORMATION FOUND
IN THE "TRUSTEES AND OFFICERS" SECTION BEGINNING ON PAGE 25.

THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND IN THE
"TRUSTEES AND OFFICERS" SECTION BEGINNING ON PAGE 25.

THE FOLLOWING INFORMATION SUPPLEMENTS THE INFORMATION FOUND IN THE
"TRUSTEES AND OFFICERS" SECTION BEGINNING ON PAGE 25.

ABIGAIL P. JOHNSON (37), Member of the Advisory Board of Fidelity
Court Street Trust and Fidelity Court Street Trust II (1999), is Vice
President of certain Equity Funds (1997), and is a Director of FMR
Corp. (1994). Before assuming her current responsibilities, Ms.
Johnson managed a number of Fidelity funds. Edward C. Johnson 3d,
Trustee and President of Funds, is Ms. Johnson's father.

THE FOLLOWING INFORMATION FOUND IN THE "TRUSTEES AND OFFICERS" SECTION
BEGINNING ON PAGE 25 HAS BEEN REMOVED.

THE FOLLOWING INFORMATION REPLACES THE COMPENSATION TABLE FOUND IN
THE "TRUSTEES AND OFFICERS" SECTION BEGINNING ON PAGE 25.

COMPENSATION TABLE

Trustees and Members of the Aggregate Compensation from Aggregate Compensation from Aggregate Compensation from
Advisory Board Spartan NJ Muni Money MarketB Fidelity NJ Muni Money MarketB Spartan NJ Muni IncomeB

Edward C. Johnson 3d** $ 0 $ 0 $ 0

Abigail P. Johnson** $ 0 $ 0 $ 0

J. Gary Burkhead** $ 0 $ 0 $ 0

Ralph F. Cox $ 188 $ 191 $ 134

Phyllis Burke Davis $ 187 $ 190 $ 133

Robert M. Gates $ 189 $ 193 $ 135

E. Bradley Jones**** $ 188 $ 191 $ 134

Donald J. Kirk $ 191 $ 195 $ 137

Ned C. Lautenbach*** $ 0 $ 0 $ 0

Peter S. Lynch** $ 0 $ 0 $ 0

William O. McCoy $ 189 $ 193 $ 135

Gerald C. McDonough $ 233 $ 237 $ 166

Marvin L. Mann $ 186 $ 190 $ 133

Robert C. Pozen** $ 0 $ 0 $ 0

Thomas R. Williams $ 189 $ 193 $ 135

</TABLE>

<TABLE>
<CAPTION>
<S> <C>
Trustees and Members of the Total Compensation from the
Advisory Board Fund Complex*,A

Edward C. Johnson 3d** $ 0

Abigail P. Johnson** $ 0

J. Gary Burkhead** $ 0

Ralph F. Cox $ 223,500

Phyllis Burke Davis $ 220,500

Robert M. Gates $ 223,500

E. Bradley Jones**** $ 222,000

Donald J. Kirk $ 226,500

Ned C. Lautenbach*** $ 0

Peter S. Lynch** $ 0

William O. McCoy $ 223,500

Gerald C. McDonough $ 273,500

Marvin L. Mann $ 220,500

Robert C. Pozen** $ 0

Thomas R. Williams $ 223,500

</TABLE>

* Information is for the calendar year ended December 31, 1998 for 237
funds in the complex.

** Interested Trustees of the funds, Ms. Johnson and Mr. Burkhead are
compensated by FMR.

**** Mr. Jones served on the Board of Trustees through December 31,
1999.

B Compensation figures include cash.

THE FOLLOWING INFORMATION REPLACES THE SIMILAR INFORMATION FOUND IN
THE "MANAGEMENT CONTRACTS" SECTION BEGINNING ON
PAGE 29.

MANAGEMENT-RELATED EXPENSES (FIDELITY NEW JERSEY MUNICIPAL MONEY
MARKET AND SPARTAN NEW JERSEY MUNICIPAL INCOME). In addition to the
management fee payable to FMR and the fees payable to the transfer,
dividend disbursing, and shareholder servicing agent and pricing and
bookkeeping agent each fund pays all of its expenses that are not
assumed by those parties. Each fund pays for the typesetting,
printing, and mailing of its proxy materials to shareholders, legal
expenses, and the fees of the custodian, auditor, and non-interested
Trustees. Each fund's management contract further provides that the
fund will pay for typesetting, printing, and mailing prospectuses,
statements of additional information, notices, and reports to
shareholders; however, under the terms of each fund's transfer agent
agreement, the transfer agent bears the costs of providing these
services to existing shareholders. Other expenses paid by each fund
include interest, taxes, brokerage commissions, each fund's
proportionate share of insurance premiums and Investment Company
Institute dues, and the costs of registering shares under federal
securities laws and making necessary filings under state securities
laws. Each fund is also liable for such non-recurring expenses as may
arise, including costs of any litigation to which the fund may be a
party, and any obligation it may have to indemnify its officers and
Trustees with respect to litigation.

MANAGEMENT-RELATED EXPENSES (SPARTAN NEW JERSEY MUNICIPAL MONEY
MARKET). Under the terms of its management contract with the fund, FMR
is responsible for payment of all operating expenses of the fund with
certain exceptions. Specific expenses payable by FMR include expenses
for typesetting, printing, and mailing proxy materials to
shareholders, legal expenses, fees of the custodian, auditor, and
interested Trustees, the fund's proportionate share of insurance
premiums and Investment Company Institute dues, and the costs of
registering shares under federal securities laws and making necessary
filings under state securities laws. The fund's management contract
further provides that FMR will pay for typesetting, printing, and
mailing prospectuses, statements of additional information, notices,
and reports to shareholders; however, under the terms of the fund's
transfer agent agreement, the transfer agent bears the costs of
providing these services to existing shareholders. FMR also pays all
fees associated with transfer agent, dividend disbursing, and
shareholder services and pricing and bookkeeping services.

FMR pays all other expenses of Spartan New Jersey Municipal Money
Market with the following exceptions: fees and expenses of the
non-interested Trustees, interest, taxes, brokerage commissions (if
any), and such nonrecurring expenses as may arise, including costs of
any litigation to which the fund may be a party, and any obligation it
may have to indemnify its officers and Trustees with respect to
litigation.

MANAGEMENT FEES. For the services of FMR under the management
contract, Spartan New Jersey Municipal Money Market pays FMR a monthly
management fee at the annual rate of 0.50% of the fund's average net
assets throughout the month.

The management fee paid to FMR by Spartan New Jersey Municipal
Money Market is reduced by an amount equal to the fees and expenses
paid by the fund to the non-interested Trustees.

For the services of FMR under the management contract, Fidelity New
Jersey Municipal Money Market and Spartan New Jersey Municipal Income
each pays FMR a monthly management fee which has two components: a
group fee rate and an individual fund fee rate.

The group fee rate is based on the monthly average net assets of
all of the registered investment companies with which FMR has
management contracts.

THE FOLLOWING INFORMATION REPLACES THE "GROUP FEE RATE" AND "EFFECTIVE
ANNUAL FEE RATE" SCHEDULES FOR FIDELITY NEW JERSEY MUNICIPAL MONEY
MARKET FUND AND SPARTAN NEW JERSEY MUNICIPAL INCOME FUND FOUND
ON PAGE 30.

GROUP FEE RATE SCHEDULE EFFECTIVE ANNUAL FEE RATES

Average Group Assets Annualized Rate Group Net Assets Effective Annual Fee Rate

0 - $3 billion .3700% $ 1 billion .3700%

3 - 6 .3400 50 .2188

6 - 9 .3100 100 .1869

9 - 12 .2800 150 .1736

12 - 15 .2500 200 .1652

15 - 18 .2200 250 .1587

18 - 21 .2000 300 .1536

21 - 24 .1900 350 .1494

24 - 30 .1800 400 .1459

30 - 36 .1750 450 .1427

36 - 42 .1700 500 .1399

42 - 48 .1650 550 .1372

48 - 66 .1600 600 .1349

66 - 84 .1550 650 .1328

84 - 120 .1500 700 .1309

120 - 156 .1450 750 .1291

156 - 192 .1400 800 .1275

192 - 228 .1350 850 .1260

228 - 264 .1300 900 .1246

264 - 300 .1275 950 .1233

300 - 336 .1250 1,000 .1220

336 - 372 .1225 1,050 .1209

372 - 408 .1200 1,100 .1197

408 - 444 .1175 1,150 .1187

444 - 480 .1150 1,200 .1177

480 - 516 .1125 1,250 .1167

516 - 587 .1100 1,300 .1158

587 - 646 .1080 1,350 .1149

646 - 711 .1060 1,400 .1141

711 - 782 .1040

782 - 860 .1020

860 - 946 .1000

946 - 1,041 .0980

1,041 - 1,145 .0960

1,145 - 1,260 .0940

over - 1,260 .0920

</TABLE>

THE FOLLOWING INFORMATION REPLACES THE SIMILAR INFORMATION FOUND IN
THE "MANAGEMENT CONTRACTS" SECTION ON PAGE 30.

The individual fund fee rate for Fidelity New Jersey Municipal
Money Market and Spartan New Jersey Municipal Income is 0.25%. Based
on the average group net assets of the funds advised by FMR for
November 1999, the fund's annual management fee rate would be
calculated as follows:

Group Fee Rate Individual Fund Fee Rate Management Fee Rate

Fidelity NJ Muni Money Market 0.1275% + 0.25% = 0.3775%

Spartan NJ Muni Income 0.1275% 0.25% 0.3775%

</TABLE>

One-twelfth of the management fee rate is applied to each fund's
average net assets for the month, giving a dollar amount which is the
fee for that month.

THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND IN THE
"TRANSFER AND SERVICE AGENT AGREEMENTS" SECTION BEGINNING ON PAGE 33.

TRANSFER AND SERVICE AGENT AGREEMENTS

THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND IN THE
EIGHTH PARAGRAPH IN THE "TRANSFER AND SERVICE AGENT AGREEMENTS"
SECTION ON PAGE 33.

THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND IN THE
TENTH PARAGRAPH IN THE "TRANSFER AND SERVICE AGENT AGREEMENTS" SECTION
ON PAGE 34.

THE FOLLOWING INFORMATION REPLACES SIMILAR INFORMATION FOUND IN THE
"DESCRIPTION OF THE TRUSTS" SECTION BEGINNING ON PAGE 34.