-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VkKAipBJUrb1dv753sMjbKhmSpn05roKEPfbxHHWAeCHt3BV9rz4SlVY8axnPiRc EPoJg6RtMQGwm4/4hU9eNQ== 0000773757-07-000159.txt : 20070713 0000773757-07-000159.hdr.sgml : 20070713 20070713124317 ACCESSION NUMBER: 0000773757-07-000159 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070713 DATE AS OF CHANGE: 20070713 EFFECTIVENESS DATE: 20070713 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COLUMBIA FUNDS SERIES TRUST I CENTRAL INDEX KEY: 0000773757 IRS NUMBER: 363376651 STATE OF INCORPORATION: MA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-99356 FILM NUMBER: 07978087 BUSINESS ADDRESS: STREET 1: ONE FINANCIAL CENTER CITY: BOSTON STATE: MA ZIP: 02111 BUSINESS PHONE: 8003382550 MAIL ADDRESS: STREET 1: ONE FINANCIAL CENTER CITY: BOSTON STATE: MA ZIP: 02111 FORMER COMPANY: FORMER CONFORMED NAME: COLUMBIA FUNDS TRUST IX DATE OF NAME CHANGE: 20031107 FORMER COMPANY: FORMER CONFORMED NAME: LIBERTY STEIN ROE FUNDS MUNICIPAL TRUST DATE OF NAME CHANGE: 19991025 FORMER COMPANY: FORMER CONFORMED NAME: STEINROE MUNICIPAL TRUST DATE OF NAME CHANGE: 19920703 0000773757 S000010621 Columbia California Tax-Exempt Fund C000029377 Class A C000029378 Class B C000029379 Class C C000029380 Class Z 0000773757 S000012071 Columbia Oregon Intermediate Municipal Bond Fund C000032858 Class A C000032859 Class B C000032860 Class C C000032861 Class D C000032862 Class Z 0000773757 S000012086 Columbia Connecticut Intermediate Municipal Bond Fund C000032936 Class A C000032937 Class B C000032938 Class C C000032939 Class G C000032940 Class T C000032941 Class Z 0000773757 S000012087 Columbia Massachusetts Intermediate Municipal Bond Fund C000032942 Class A C000032943 Class B C000032944 Class C C000032945 Class G C000032946 Class T C000032947 Class Z 0000773757 S000012088 Columbia New Jersey Intermediate Municipal Bond Fund C000032948 Class A C000032949 Class B C000032950 Class C C000033904 Class G C000033905 Class T C000033906 Class Z 0000773757 S000012089 Columbia New York Intermediate Municipal Bond Fund C000032951 Class A C000032952 Class B C000032953 Class C C000032954 Class G C000032955 Class T C000032956 Class Z 0000773757 S000012090 Columbia Rhode Island Intermediate Municipal Bond Fund C000032957 Class A C000032958 Class B C000032959 Class C C000032960 Class G C000032961 Class T C000032962 Class Z 0000773757 S000012091 Columbia Connecticut Tax-Exempt Fund C000032963 Class A C000032964 Class B C000032965 Class C 0000773757 S000012092 Columbia Massachusetts Tax-Exempt Fund C000032966 Class A C000032967 Class B C000032968 Class C 0000773757 S000012093 Columbia New York Tax-Exempt Fund C000032969 Class A C000032970 Class B C000032971 Class C 497 1 taxrisksup.txt STATE TAX RISK DISCLOSURES SUPPLEMENT COLUMBIA FUNDS SERIES TRUST I Columbia Connecticut Intermediate Municipal Bond Fund Columbia Massachusetts Intermediate Municipal Bond Fund Columbia New Jersey Intermediate Municipal Bond Fund Columbia New York Intermediate Municipal Bond Fund Columbia Rhode Island Intermediate Municipal Bond Fund (the "Funds") Supplement to the Statement of Additional Information dated March 1, 2007 Effective immediately, the Statement of Additional Information is hereby amended with the addition of the following risk disclosure. This risk disclosure is being added immediately following the section captioned "RHODE ISLAND TAX CONSIDERATIONS" in the Funds' Statement of Additional Information. Tax Development Risk The U.S. Supreme Court has agreed to hear an appeal of a state-court decision that might significantly affect how states tax in-state and out-of-state municipal bonds. If the Supreme Court determines that the U.S. Constitution prohibits states from treating the interest income on in-state municipal bonds differently from the interest income on out-of-state municipal bonds for state income tax purposes, most states likely will revisit the way in which they treat the interest on municipal bonds. This has the potential to increase significantly the amount of state tax paid by shareholders on exempt-interest dividends. You should consult your tax advisor to discuss the potential tax consequences of your investment in the Funds. This also has the potential to cause a decline in the value of the municipal securities held by the Funds which, in turn, would reduce the value of the Funds' shares. INT-50/133742-0707 July 13, 2007 COLUMBIA FUNDS SERIES TRUST I Columbia Oregon Intermediate Municipal Bond Fund (the "Fund") Supplement to the Statement of Additional Information dated January 1, 2007 Effective immediately, the Statement of Additional Information is hereby amended with the addition of the following risk disclosure. This risk disclosure is being added immediately following the second paragraph of the sub-heading "Oregon Intermediate Municipal Bond Fund" in the section entitled "State Income Taxes" in the Fund's Statement of Additional Information. Tax Development Risk The U.S. Supreme Court has agreed to hear an appeal of a state-court decision that might significantly affect how states tax in-state and out-of-state municipal bonds. If the Supreme Court determines that the U.S. Constitution prohibits states from treating the interest income on in-state municipal bonds differently from the interest income on out-of-state municipal bonds for state income tax purposes, most states likely will revisit the way in which they treat the interest on municipal bonds. This has the potential to increase significantly the amount of state tax paid by shareholders on exempt-interest dividends. You should consult your tax advisor to discuss the potential tax consequences of your investment in the Oregon Intermediate Municipal Bond Fund. This also has the potential to cause a decline in the value of the municipal securities held by the Fund which, in turn, would reduce the value of the Fund's shares. INT-50/133946-0707 July 13, 2007 Columbia California Tax-Exempt Fund Columbia Connecticut Tax-Exempt Fund Columbia Massachusetts Tax-Exempt Fund Columbia New York Tax-Exempt Fund (the "Funds") Supplement to the Statement of Additional Information dated March 1, 2007 Effective immediately, the Statement of Additional Information is hereby amended with the addition of the following risk disclosure. This risk disclosure is being added immediately following the section captioned "NEW YORK TAX CONSIDERATIONS" in the Funds' Statement of Additional Information. Tax Development Risk The U.S. Supreme Court has agreed to hear an appeal of a state-court decision that might significantly affect how states tax in-state and out-of-state municipal bonds. If the Supreme Court determines that the U.S. Constitution prohibits states from treating the interest income on in-state municipal bonds differently from the interest income on out-of-state municipal bonds for state income tax purposes, most states likely will revisit the way in which they treat the interest on municipal bonds. This has the potential to increase significantly the amount of state tax paid by shareholders on exempt-interest dividends. You should consult your tax advisor to discuss the potential tax consequences of your investment in the Funds. This also has the potential to cause a decline in the value of the municipal securities held by the Funds which, in turn, would reduce the value of the Funds' shares. INT-50/133947-0707 July 13, 2007 -----END PRIVACY-ENHANCED MESSAGE-----