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QUESTION
What are the details regarding the funding calculations and impact on Cultural Development Fund (CDF) groups due to budget cuts?
2:59:52
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58 sec
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Lance Polivy explains that the CDF funding allocations are calculated based on the total available funding, not predetermined amounts that are then adjusted.
- The CDF uses complex formulas to determine applicants' percentile scores, which correlate to their award amounts.
- Award amounts are not calculated until the total CDF program funding is known.
- There is no uniform reduction applied across all CDF groups due to budget cuts.