UNITED STATES
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.
1. Name and address of issuer:
KANSAS TAX EXEMPT TRUST SERIES 71
250 N. Rock Road, Suite 150
Wichita, KS 67206
2. The name of each series or class of securities for which this Form is
filed (If the Form is being filed for all series and classes of
securities of the issuer, check the box but do not list series or
classes): ___
Kansas Tax Exempt Trust Series 71
3. Investment Company Act File Number: 811-4090
Securities Act File Number: 33-84084
4. (a). Last day of fiscal year for which this Form is filed:
October 31, 1998
4. (b). ___ Check box if this Form is being filed late (i.e., more than
90 calendar days after the end of the issuer's fiscal year).
(See instruction A.2)
Note: If the form is being filed late, interest must be paid on the
registration fee due.
4. (c). ___ Check box if this is the last time the issuer will be
filing this form.
<PAGE>
5. Calculation of registration fee:
(i) Aggregate sale price of securities sold
during the fiscal year pursuant to
section 24(f): $ 26,888.50
---------------
(ii) Aggregate price of securities redeemed or
repurchased during the fiscal year: $ 97,659.07
---------------
(iii) Aggregate price of securities redeemed or
repurchased during any prior fiscal year
ending no earlier than October 11, 1995
that were not previously used to reduce
registration fees payable to the
Commission: $ 0.00
---------------
(iv) Total available redemption credits
[add Items 5(ii) and 5(iii): -$ 97,659.07
---------------
(v) Net sales -- if item 5(I) is greater
than item 5(iv) [subtract Item 5(iv)
from Item 5(I)]: $ 0.00
---------------
(vi) Redemption credits available for use in
future years -- if Item 5(I) is less
than Item 5(iv) [subtract Item 5(iv)
from Item 5(I)]: ($ 70,770.57)
---------------
(vii) Multiplier for determining registration
fee (See Instruction C.9): x .000278
---------------
(viii) Registration fee due [multiply Item 5(v)
by Item 5(vii)] (enter "0" if not fee
is due): $ 0.00
===============
6. Prepaid Shares
If the response to Item 5(I) was determined by deducting an amount of
securities that were registered under the Securities Act of 1933
pursuant to rule 24e-2 as in effect before October 11, 1997, then
report the amount of securities (number of shares or other units deducted
here:_________. If there is a number of shares of other units that were
registered pursuant to rule 24e-2 remaining unsold at the end of the
fiscal year for which this form is filed that are available for use by
the issuer in future fiscal years, then state that number here:_________.
7. Interest due -- if the Form is being filed more
than 90 days after the end of the issuer's
fiscal year (see instruction D): +$ 0.00
---------------
8. Total of the amount of the registration fee due
plus any interest due [line 5(viii) plus line 7]: $ 0.00
===============
9. Date the registration fee and any interest payment was sent to the
Commission's lockbox depository:
Method of Delivery:
___ Wire Transfer
___ Mail or other means
<PAGE>
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/ Robin K. Pinkerton
---------------------------------
Robin K. Pinkerton, President
Date: January 29, 1999
--------------------
<PAGE>
CHAPMAN AND CUTLER
111 WEST MONROE STREET
CHICAGO, ILLINOIS 60603
January 29, 1999
Ranson & Associates, Inc.
250 N. Rock Road, Suite 150
Wichita, KS 67206
Re: Kansas Tax Exempt Trust Series 71
Gentlemen:
We have served as counsel for Ranson & Associates, Inc, as successor Sponsor
of the above described Trust, in connection with the preparation, execution
and delivery of a Trust Indenture and Agreement relating to such Fund pursuant
to which the Depositor has delivered to and deposited the Securities listed in
Schedule A to the Trust Indenture and Agreement with the Trustee and pursuant
to which the Trustee has issued to or on the order of the Depositor a
certificate or certificates representing Units of fractional undivided
interest in and ownership of the Fund created under said Trust Indenture and
Agreement.
In connection therewith, we have examined such pertinent records and
documents and matters of law as we have deemed necessary in order to enable
us to express to opinions hereinafter set forth.
Based upon the foregoing, we are of the opinion that the certificates
evidencing the Units in the Fund constitute valid and binding obligations
of the Fund in accordance with the terms thereof.
Very truly yours,
CHAPMAN & CUTLER
