FRANKLIN MUNICIPAL SECURITIES TRUST, 485BPOS, EX-99.J(I), 2000-09-28

FRANKLIN MUNICIPAL SECURITIES TRUST
485BPOS, EX-99.J(I), 2000-09-28

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                         CONSENT OF INDEPENDENT AUDITORS



We consent to the incorporation by reference in Post-Effective Amendment No. 15
to the Registration Statement of Franklin Municipal Securities Trust on Form
N-1A, File No. 33-44132, of our report dated June 30, 2000, on our audit of the
financial statements and financial highlights of Franklin Municipal Securities
Trust, which report is included in the Annual Report to Shareholders for the
year ended May 31, 2000, filed with the Securities and Exchange Commission
pursuant to section 30(d) of the Investment Company Act of 1940, which is
incorporated by reference in the Registration Statement. We also consent to the
reference to our firm under the captions "Financial Highlights" and "Auditor."



                                    /s/PricewaterhouseCoopers LLP
                                    PricewaterhouseCoopers LLP


San Francisco, California
September  27, 2000