(a) A performer's total valuation per demonstration
year (DY) for DY9 and DY10 is calculated as follows:
(1) If a performer has a DY8 total valuation that is
less than or equal to $1 million, its total valuation for each demonstration
year of DY9 and DY10 is equal to its total valuation for DY8. These
valuations are subtracted from the DY9 and DY10 DSRIP pool amounts.
(2) If a performer has a DY8 total valuation that is
greater than $1 million, its total valuation for each demonstration
year of DY9 and DY10 is calculated as follows:
(A) The remaining DY9 and DY10 DSRIP pool amounts are
divided by the DY8 valuation for all performers with a DY8 total valuation
greater than $1 million to determine the percentage reductions for
DY9 and DY10;
(B) The performer's DY8 valuation is multiplied by
the percentage reduction in valuation from DY8 for the applicable
DY to determine the total valuation for each demonstration year of
DY9 and DY10; and
(C) The performer's total valuation for each demonstration
year of DY9 and DY10 is not reduced to less than $1 million.
(3) If a performer withdrew from participating in DSRIP
during DY8 or withdraws during the RHP Plan Update for DY9-10, the
performer's valuation is proportionately distributed among the remaining
performers in its RHP based on each performer's percent share of DY8
valuation in the RHP.
(b) A performer's valuation must comport with the following
funding distribution for DY9 and DY10:
Attached Graphic
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