The Chancellor shall: (1) Track and monitor the preparedness of: (A) The early childhood population of children 3 and 4 years of age to determine the children’s readiness for entry and achievement in DCPS; and (B) Children in kindergarten through 3rd grade in DCPS to determine their readiness for entry and achievement in the 4th grade; (2) Develop a plan to address: (A) The early childhood population of children 3 and 4 years of age who are not ready for entry and achievement in DCPS; and (B) Children in kindergarten through 3rd grade in DCPS who are not ready for entry and achievement in the 4th grade; (3) Conduct readiness evaluations annually to ascertain whether: (A) Children 3 and 4 years of age are prepared for kindergarten; and (B) Children in the 3rd grade are prepared to be promoted to the 4th grade; and (4) Submit to the Council and the Mayor, by October 1 of each year: (A) The results of the readiness evaluations required by paragraph (3) of this section; and (B) A DCPS annual report for the preceding academic year delineating the progress and readiness of all students.