To revise the current academic performance ratings system for public schools with a system under which districts and schools are assigned letter grades.

Section 1.  It is the General Assembly's intent that by December 31, 2012, sections of the Revised Code be amended, enacted, or repealed to revise the current academic performance rating system for school districts, individual buildings of districts, community schools, and STEM schools and to implement a rating system using letter grades, thereby improving the quality of education outcomes for all students and to provide a clearer indication of how schools and districts are performing. The system shall be designed to show how schools and districts are closing achievement gaps, providing all students with academic growth, encouraging high graduation rates, improving dropout recovery and prevention, and providing student achievement benchmarks for annual measureable objectives applicable to student subgroups as defined in division (C)(3) of section 3302.03 of the Revised Code, and shall include measures of college and career-readiness.