WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>


<ARTICLE>  6
           
<CIK>      0000764860
           
<NAME>  FLAGSHIP KENTUCKY TRIPLE TAX EXEMPT FUND
                                 
<SERIES>                         

<NUMBER>        113
                
<NAME>          CLASS C
                
<MULTIPLIER>    1
                
                
                                
<S>             <C>               
<PERIOD-TYPE>       6 MOS

<FISCAL-YEAR-END>        MAY-31-1997
                              
<PERIOD-START>                JUN-01-1996
                               
<PERIOD-END>                   NOV-30-1996
                               
<INVESTMENTS-AT-COST>          422,725,656
                               
<INVESTMENTS-AT-VALUE>         451,977,190
                               
<RECEIVABLES>                  7,340,002
                               
<ASSETS-OTHER>                 15,522
                               
<OTHER-ITEMS-ASSETS>           0
                               
<TOTAL-ASSETS>                 459,332,714
                               
<PAYABLE-FOR-SECURITIES>       3,483,037
                               
<SENIOR-LONG-TERM-DEBT>        0
                               
<OTHER-ITEMS-LIABILITIES>      3,264,882
                               
<TOTAL-LIABILITIES>            6,747,919
                               
<SENIOR-EQUITY>                0
                               
<PAID-IN-CAPITAL-COMMON>       423,289,195
                               
<SHARES-COMMON-STOCK>          2,160,359
                               
<SHARES-COMMON-PRIOR>          1,909,156
                               
<ACCUMULATED-NII-CURRENT>      0
                               
<OVERDISTRIBUTION-NII>         (40,301)
                               
<ACCUMULATED-NET-GAINS>        84,367
                               
<OVERDISTRIBUTION-GAINS>       0
                               
<ACCUM-APPREC-OR-DEPREC>       29,251,534
                               
<NET-ASSETS>                   452,584,795
                               
<DIVIDEND-INCOME>              0
                               
<INTEREST-INCOME>              13,729,034
                               
<OTHER-INCOME>                 0
                               
<EXPENSES-NET>                 (1,786,544)
                               
<NET-INVESTMENT-INCOME>        11,942,490
                               
<REALIZED-GAINS-CURRENT>       450,545
                               
<APPREC-INCREASE-CURRENT>      13,729,648
                               
<NET-CHANGE-FROM-OPS>          26,122,683
                               
<EQUALIZATION>                 0
                               
<DISTRIBUTIONS-OF-INCOME>      (554,251)
                               
<DISTRIBUTIONS-OF-GAINS>       0
                               
<DISTRIBUTIONS-OTHER>          0
                               
<NUMBER-OF-SHARES-SOLD>        335,298
                               
<NUMBER-OF-SHARES-REDEEMED>    (121,237)
                               
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<ACCUMULATED-NII-PRIOR>        0
                               
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<INTEREST-EXPENSE>             0
                               
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<PER-SHARE-NAV-BEGIN>          10.81
                               
<PER-SHARE-NII>                0.27
                               
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<PER-SHARE-DIVIDEND>           (0.27)
                               
<PER-SHARE-DISTRIBUTIONS>      0.00
                               
<RETURNS-OF-CAPITAL>           0.00
                               
<PER-SHARE-NAV-END>            11.16
                               
<EXPENSE-RATIO>                1.33
                               
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</TABLE>