SPARTAN MUNICIPAL FUNDS
SUPPLEMENT TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED OCTOBER 20, 1994
The following information replaces similar information which can be found
on page 17:
1995 TAX RATES AND TAX-EQUIVALENT YIELDS
Federal Income
Taxable Tax
Income* Bracket**
Single Return Joint Return
$ 23,351 - $ 56,550 $ 39,001 - $ 94,250 28%
$ 56,551 - $ 117,950 $ 94,251 - $ 143,600 31%
$ 117,951 - $ 256,500 $ 143,601 - $ 256,500 36%
$ 256,501 and above $ 256,501 and above 39.6%
* Net amount subject to federal income tax after deductions and exemptions.
Assumes ordinary income only.
** Excludes the impact of the phaseout of personal exemptions, limitations
on itemized deductions, and other credits, exclusions, and adjustments
which may increase a taxpayer's marginal tax rate. An increase in a
shareholder's marginal tax rate would increase that shareholder's
tax-equivalent yield.
SMUB-95-1 February 1, 1995
SPARTAN ARIZONA MUNICIPAL MONEY MARKET PORTFOLIO
A FUND OF FIDELITY UNION STREET TRUST II
SPARTAN ARIZONA MUNICIPAL INCOME PORTFOLIO
A FUND OF FIDELITY UNION STREET TRUST
SUPPLEMENT TO THE STATEMENT OF ADDITIONAL INFORMATION
DATED OCTOBER 7, 1994
The following table replaces that found in the section entitled
"Performance" beginning on page 15.
1995 TAX RATES AND TAX-EQUIVALENT YIELDS
Taxable Income* Federal Combined Arizona
Income Tax State and Federal Effective
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
Single Return Joint Return Bracket Marginal Rate Bracket **
$0 - 10,000 $0 - 20,000 15.0% 3.25% 17.76%
10,001 - 23,350 20,001 - 39,000 15.0 4.00 18.40
23,351 - 25,000 39,001 - 50,000 28.0 4.00 30.88
25,001 - 50,000 50,001 - 94,250 28.0 5.05 31.64
50,001 - 56,550 - 28.0 6.40 32.61
- - 94,251 - 100,000 31.0 5.05 34.48
56,551 - 117,950 100,001 - 143,600 31.0 6.40 35.42
117,951 - 150,000 143,601 - 256,500 36.0 6.40 40.10
150,001 - 256,500 - 36.0 6.90 40.42
- - 256,501 - 300,000 39.6 6.40 43.47
256,501+ 300,001+ 39.6 6.90 43.77
</TABLE>
* Net amount subject to federal income tax after deductions and exemptions.
Assumes ordinary income only.
** Excludes the impact of the phaseout of personal exemptions, limitations
on itemized deductions, and other credits, exclusions, and adjustments
which may increase a taxpayer's marginal tax rate. An increase in a
shareholder's marginal tax rate would increase that shareholder's
tax-equivalent yield.
