<ARTICLE> 6 <CIK> 0000764860 <NAME> FLAGSHIP LOUISIANA DOUBLE TAX EXEMPT FUND <SERIES> <NUMBER> 181 <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> 74,629,368 <INVESTMENTS-AT-VALUE> 77,363,820 <RECEIVABLES> 2,237,115 <ASSETS-OTHER> 4,293 <OTHER-ITEMS-ASSETS> 0 <TOTAL-ASSETS> 79,605,228 <PAYABLE-FOR-SECURITIES> 971,943 <SENIOR-LONG-TERM-DEBT> 0 <OTHER-ITEMS-LIABILITIES> 969,997 <TOTAL-LIABILITIES> 1,941,940 <SENIOR-EQUITY> 0 <PAID-IN-CAPITAL-COMMON> 74,973,448 <SHARES-COMMON-STOCK> 6,723,976 <SHARES-COMMON-PRIOR> 6,307,262 <ACCUMULATED-NII-CURRENT> 0 <OVERDISTRIBUTION-NII> 0 <ACCUMULATED-NET-GAINS> (44,612) <OVERDISTRIBUTION-GAINS> 0 <ACCUM-APPREC-OR-DEPREC> 2,734,452 <NET-ASSETS> 77,663,288 <DIVIDEND-INCOME> 0 <INTEREST-INCOME> 4,621,027 <OTHER-INCOME> 0 <EXPENSES-NET> (605,652) <NET-INVESTMENT-INCOME> 4,015,375 <REALIZED-GAINS-CURRENT> 13,525 <APPREC-INCREASE-CURRENT> (761,714) <NET-CHANGE-FROM-OPS> 3,267,186 <EQUALIZATION> 0 <DISTRIBUTIONS-OF-INCOME> (3,818,526) <DISTRIBUTIONS-OF-GAINS> 0 <DISTRIBUTIONS-OTHER> 0 <NUMBER-OF-SHARES-SOLD> 997,208 <NUMBER-OF-SHARES-REDEEMED> (768,321) <SHARES-REINVESTED> 187,827 <NET-CHANGE-IN-ASSETS> 3,859,896 <ACCUMULATED-NII-PRIOR> 0 <ACCUMULATED-GAINS-PRIOR> (58,137) <OVERDISTRIB-NII-PRIOR> 0 <OVERDIST-NET-GAINS-PRIOR> 0 <GROSS-ADVISORY-FEES> 370,400 <INTEREST-EXPENSE> 0 <GROSS-EXPENSE> 835,428 <AVERAGE-NET-ASSETS> 73,877,472 <PER-SHARE-NAV-BEGIN> 10.80 <PER-SHARE-NII> 0.59 <PER-SHARE-GAIN-APPREC> (0.08) <PER-SHARE-DIVIDEND> (0.60) <PER-SHARE-DISTRIBUTIONS> 0.00 <RETURNS-OF-CAPITAL> 0.00 <PER-SHARE-NAV-END> 10.71 <EXPENSE-RATIO> 0.80 <AVG-DEBT-OUTSTANDING> 163,500 <AVG-DEBT-PER-SHARE> 0.02