Follow the steps to complete the FL DR-420MM online.

1. Click 'Get Form' button to access the DR-420MM form and open it in your preferred online editor.
2. Begin with the first section of the form, indicating whether your taxing authority is a municipality or independent special district that has levied ad valorem taxes for less than five years. If yes, you will need to stop at this point and submit the form as you are not subject to a millage limitation.
3. Next, fill in the current year rolled-back rate from the Current Year Form DR-420, Line 16, in the appropriate field.
4. Enter the prior year maximum millage rate from the previous year's form (2020 Form DR-420MM, Line 13) in the designated line.
5. Input the prior year operating millage rate from Current Year Form DR-420, Line 10.
6. Evaluate if the prior year operating millage rate is equal to or greater than the prior year maximum millage rate. If so, skip to Line 11. If not, proceed to complete the next lines.
7. Fill in the prior year final gross taxable value from Current Year Form DR-420, Line 7, and adjust your previous values as required.
8. Calculate the adjusted current year rolled-back rate using the provided formula and complete the relevant sections.
9. Determine the maximum millage levy based on the calculations done in the previous steps and record the values on the appropriate lines.
10. Finally, review all your entries, ensure the information is correct, and complete the form by signing where required. After that, save any changes, download, print, or share the completed form as necessary.

Complete the FL DR-420MM form online today to ensure compliance and efficiency in your tax levy calculations.