; and (cc) take into account the extent to which the levels involved promote continuous improvement in performance by each State. (II) Fiscal year 2022 The State shall reach agreement with the Secretary, before fiscal year 2022, on the requisite level of performance for each indicator described in clause (ii), for fiscal year 2022, which shall be established in accordance with subclause (I) of this clause. (iv) Revisions based on economic conditions and individuals receiving assistance during the fiscal year The Secretary shall, in accordance with the objective statistical model referred to in clause (v), revise the requisite levels of performance for a fiscal year and a State to reflect the actual economic conditions and characteristics of participants during that fiscal year in the State. (v) Statistical adjustment model The Secretary shall use an objective statistical model to make adjustments to the requisite levels of performance for actual economic conditions and characteristics of participants, and shall consult with the Secretary of Labor to develop a model that is the same as or similar to the model described in section 116(b)(3)(viii) of the Workforce Innovation and Opportunity Act ( 29 U.S.C. 3141 ). (B) Report on state performance (i) In general Not later than October 1, 2018, the Secretary shall develop a template which each State shall use to report on outcomes achieved under the State program funded under this part or any other State program funded with qualified State expenditures (as defined in section 409(a)(7)(B)(i)). (ii) Contents Each such report shall include— (I) the number of individuals who exited the program during the year, and their reasons for doing so, including a separate accounting of the number of work-eligible individuals (as so defined) who exited the program during the year and their reasons for doing so