Sec. 1. The board shall establish annual student performance improvement levels for each school that are not less rigorous than the student performance improvement levels under IC 20-31-1, IC 20-31-8, and IC 20-31-10, including the following:
(1) For students:
(A) improvement in results on assessment tests and assessment programs;
(B) improvement in attendance rates; and
(C) improvement in progress toward graduation.
(2) For teachers:
(A) improvement in student results on assessment tests and assessment programs;
(B) improvement in the number and percentage of students achieving:
(i) state achievement standards; and
(ii) if applicable, performance levels set by the board;
on assessment tests;
(C) improvement in student progress toward graduation;
(D) improvement in student attendance rates for the school year;
(E) improvement in individual teacher attendance rates;
(F) improvement in:
(i) communication with parents; and
(ii) parental involvement in classroom and extracurricular activities; and
(G) other objectives developed by the board.
(3) For the school and school administrators:
(A) improvement in student results on assessment tests, totaled by class and grade;
(B) improvement in the number and percentage of students achieving:
(i) state achievement standards; and
(ii) if applicable, performance levels set by the board;
on assessment tests, totaled by class and grade;
(C) improvement in:
(i) student graduation rates; and
(ii) progress toward graduation;
(D) improvement in student attendance rates;
(E) management of:
(i) education fund expenditures;
(ii) operations fund expenditures; and
(iii) total expenditures;
per student;
(F) improvement in teacher attendance rates; and
(G) other objectives developed by the board.