that the State complies with the corrective action plan approved by the Secretary and corrects the serious deficiency by the date specified in such corrective action plan. (2) Application For purposes of paragraph (1), failures described in subsection (a)(6) shall be considered to be serious deficiencies. 686. Accountability and reporting requirements (a) State accountability and reporting requirements (1) Performance measurement (A) In general By October 1, 2018, each State that receives funds under this subtitle shall participate, and shall ensure that all eligible entities in the State participate, in a performance measurement system that the Secretary is satisfied meets the requirements of paragraph (8) of section 678(b). (B) Local organizations The State may elect to have local organizations that are subgrantees of the eligible entities under this subtitle participate in the performance measurement system. If the State makes that election, references in this section to eligible entities shall be considered to include the local organizations. (C) Eligible entity reports Eligible entities shall provide the results measured by their performance measurement system, reports on the achievement of their annual performance benchmarks, and such other reports as the State may require. (2) Annual report Each State receiving funds under this subtitle shall annually prepare, and submit to the Secretary by March 31 of each year, a report on the performance of the State and eligible entities in the State, including achievement with respect to the State lead agency performance benchmarks and the local performance benchmarks respectively and to other performance measurements that were used by community service network organizations in the State for the prior year. Each State shall also include in the report— (A) an accounting of the expenditure of funds received by the State through the community services block grant program, including an accounting of funds spent on administrative or indirect costs by the State and the