<ARTICLE> 6 <CIK> 0000764860 <NAME> FLAGSHIP GEORGIA DOUBLE TAX EXEMPT FUND <SERIES> <NUMBER> 043 <NAME> CLASS C <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> 926,282 <SHARES-COMMON-PRIOR> 667,941 <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> (392,640) <DISTRIBUTIONS-OF-GAINS> 0 <DISTRIBUTIONS-OTHER> 0 <NUMBER-OF-SHARES-SOLD> 355,608 <NUMBER-OF-SHARES-REDEEMED> (122,108) <SHARES-REINVESTED> 24,841 <NET-CHANGE-IN-ASSETS> 2,459,603 <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> 10.44 <PER-SHARE-NII> 0.51 <PER-SHARE-GAIN-APPREC> (0.25) <PER-SHARE-DIVIDEND> (0.52) <PER-SHARE-DISTRIBUTIONS> 0.00 <RETURNS-OF-CAPITAL> 0.00 <PER-SHARE-NAV-END> 10.18 <EXPENSE-RATIO> 1.34 <AVG-DEBT-OUTSTANDING> 451,600 <AVG-DEBT-PER-SHARE> 0.04