<ARTICLE>                                                        6
 
 <CIK>                                       0000764860

 <NAME>                        FLAGSHIP GEORGIA DOUBLE TAX EXEMPT FUND
 
 <SERIES>

 <NUMBER>                                                       041
 
 <NAME>                                      CLASS A

 <MULTIPLIER>                                                     1
 
        

                                          
 <PERIOD-TYPE>                               YEAR

 <FISCAL-YEAR-END>                           MAY-31-1996
 
 <PERIOD-START>                              JUN-01-1995

 <PERIOD-END>                                MAY-31-1996
 
 <INVESTMENTS-AT-COST>                                  112,431,775

 <INVESTMENTS-AT-VALUE>                                 115,391,357
 
 <RECEIVABLES>                                            2,744,095

 <ASSETS-OTHER>                                               7,406
 
 <OTHER-ITEMS-ASSETS>                                             0

 <TOTAL-ASSETS>                                         118,142,858
 
 <PAYABLE-FOR-SECURITIES>                                         0

 <SENIOR-LONG-TERM-DEBT>                                          0
 
 <OTHER-ITEMS-LIABILITIES>                                  848,397
 
 <TOTAL-LIABILITIES>                                        848,397

 <SENIOR-EQUITY>                                                  0
 
 <PAID-IN-CAPITAL-COMMON>                               117,759,807

 <SHARES-COMMON-STOCK>                                   10,570,864
 
 <SHARES-COMMON-PRIOR>                                   10,836,679

 <ACCUMULATED-NII-CURRENT>                                        0
 
 <OVERDISTRIBUTION-NII>                                           0

 <ACCUMULATED-NET-GAINS>                                (3,424,928)
 
 <OVERDISTRIBUTION-GAINS>                                         0

 <ACCUM-APPREC-OR-DEPREC>                                 2,959,582
 
 <NET-ASSETS>                                           117,294,461

 <DIVIDEND-INCOME>                                                0
 
 <INTEREST-INCOME>                                        7,510,137

 <OTHER-INCOME>                                                   0
 
 <EXPENSES-NET>                                           (973,539)

 <NET-INVESTMENT-INCOME>                                  6,536,598
 
 <REALIZED-GAINS-CURRENT>                                   600,909

 <APPREC-INCREASE-CURRENT>                              (3,544,803)
 
 <NET-CHANGE-FROM-OPS>                                    3,592,704

 <EQUALIZATION>                                                   0
 
 <DISTRIBUTIONS-OF-INCOME>                              (6,196,741)

 <DISTRIBUTIONS-OF-GAINS>                                         0 
 
 <DISTRIBUTIONS-OTHER>                                            0
 
 <NUMBER-OF-SHARES-SOLD>                                  1,076,625

 <NUMBER-OF-SHARES-REDEEMED>                            (1,686,034)
 
 <SHARES-REINVESTED>                                        343,594

 <NET-CHANGE-IN-ASSETS>                                 (5,492,260)
 
 <ACCUMULATED-NII-PRIOR>                                          0

 <ACCUMULATED-GAINS-PRIOR>                              (4,165,386)
 
 <OVERDISTRIB-NII-PRIOR>                                          0

 <OVERDIST-NET-GAINS-PRIOR>                                       0
 
 <GROSS-ADVISORY-FEES>                                      601,755

 <INTEREST-EXPENSE>                                               0
 
 <GROSS-EXPENSE>                                          1,359,896

 <AVERAGE-NET-ASSETS>                                   120,022,252
 
 <PER-SHARE-NAV-BEGIN>                                        10.46

 <PER-SHARE-NII>                                               0.57
 
 <PER-SHARE-GAIN-APPREC>                                     (0.25)

 <PER-SHARE-DIVIDEND>                                        (0.58)
 
 <PER-SHARE-DISTRIBUTIONS>                                     0.00

 <RETURNS-OF-CAPITAL>                                          0.00
 
 <PER-SHARE-NAV-END>                                          10.20

 <EXPENSE-RATIO>                                               0.80
 
 <AVG-DEBT-OUTSTANDING>                                     451,600
 
 <AVG-DEBT-PER-SHARE>                                          0.04