(a) Each local school district board of directors shall establish, as part of a public school superintendent’s contract of employment, written performance targets for public schools at both the school level and the district level that include, without limitation, the following:

1. (1) Student achievement for the entire public school district based on state-approved assessment or assessments;

2. (2) Student achievement for public schools within the public school district that have received any variation of a school performance letter grade designation of “C”, “D”, or “F” under:

   1. (A) Arkansas Code §§ 6-15-2105 and 6-15-2106; and
   2. (B) State Board of Education rules;
3. (3) Graduation rates for the entire public school district; and

4. (4) Graduation rates for public schools within the public school district that have received any variation of a school performance letter grade designation of “C”, “D”, or “F” under:

   1. (A) Arkansas Code §§ 6-15-2105 and 6-15-2106; and
   2. (B) State board rules.

(b)

1. (1) Each local school district board of directors shall:

   1. (A) Publish the school district superintendent’s current contract of employment on the school district website; and
   2. (B) Submit to the Division of Elementary and Secondary Education, by posting on the school district website, a copy of the current contract of employment of the school district superintendent.
2. (2) For the 2023-2024 school year, contracts must be posted on the school district website no later than October 1, 2023.
3. (3) In subsequent school years, contracts must be posted on the school district website no later than July 1.