<ARTICLE> 6 <CIK> 0000764860 <NAME> FLAGSHIP KANSAS TRIPLE TAX EXEMPT FUND <SERIES> <NUMBER> 151 <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> 94,411,159 <INVESTMENTS-AT-VALUE> 95,657,164 <RECEIVABLES> 1,772,515 <ASSETS-OTHER> 6,053 <OTHER-ITEMS-ASSETS> 0 <TOTAL-ASSETS> 97,435,732 <PAYABLE-FOR-SECURITIES> 0 <SENIOR-LONG-TERM-DEBT> 0 <OTHER-ITEMS-LIABILITIES> 741,964 <TOTAL-LIABILITIES> 741,964 <SENIOR-EQUITY> 0 <PAID-IN-CAPITAL-COMMON> 100,520,594 <SHARES-COMMON-STOCK> 9,837,930 <SHARES-COMMON-PRIOR> 8,358,047 <ACCUMULATED-NII-CURRENT> 0 <OVERDISTRIBUTION-NII> 0 <ACCUMULATED-NET-GAINS> (5,072,831) <OVERDISTRIBUTION-GAINS> 0 <ACCUM-APPREC-OR-DEPREC> 1,246,005 <NET-ASSETS> 96,693,768 <DIVIDEND-INCOME> 0 <INTEREST-INCOME> 5,491,517 <OTHER-INCOME> 0 <EXPENSES-NET> (508,737) <NET-INVESTMENT-INCOME> 4,982,780 <REALIZED-GAINS-CURRENT> 355,041 <APPREC-INCREASE-CURRENT> (2,413,598) <NET-CHANGE-FROM-OPS> 2,924,223 <EQUALIZATION> 0 <DISTRIBUTIONS-OF-INCOME> (5,023,868) <DISTRIBUTIONS-OF-GAINS> 0 <DISTRIBUTIONS-OTHER> 0 <NUMBER-OF-SHARES-SOLD> 2,552,505 <NUMBER-OF-SHARES-REDEEMED> (1,330,464) <SHARES-REINVESTED> 257,842 <NET-CHANGE-IN-ASSETS> 13,010,483 <ACCUMULATED-NII-PRIOR> 0 <ACCUMULATED-GAINS-PRIOR> (5,427,872) <OVERDISTRIB-NII-PRIOR> 0 <OVERDIST-NET-GAINS-PRIOR> 0 <GROSS-ADVISORY-FEES> 468,046 <INTEREST-EXPENSE> 0 <GROSS-EXPENSE> 1,036,822 <AVERAGE-NET-ASSETS> 93,353,342 <PER-SHARE-NAV-BEGIN> 10.01 <PER-SHARE-NII> 0.54 <PER-SHARE-GAIN-APPREC> (0.18) <PER-SHARE-DIVIDEND> (0.54) <PER-SHARE-DISTRIBUTIONS> 0.00 <RETURNS-OF-CAPITAL> 0.00 <PER-SHARE-NAV-END> 9.83 <EXPENSE-RATIO> 0.57 <AVG-DEBT-OUTSTANDING> 251,700 <AVG-DEBT-PER-SHARE> 0.03