; (B) increasing student achievement and decreasing achievement gaps; (C) increasing high school graduation rates; (D) increasing readiness for postsecondary education and careers; and (E) any other indicator the Secretary or eligible entity may identify; and (2) increasing diversity and decreasing racial or socioeconomic isolation in covered schools. 8. Annual reports An eligible entity that receives a grant under section 4 shall submit to the Secretary, at such time and in such manner as the Secretary may require, an annual report that includes— (1) information on the progress of the eligible entity with respect to the performance measures described in section 7; and (2) the data supporting such progress. 9. Authorization of appropriations There are authorized to be appropriated to carry out this Act such sums as may be necessary for fiscal year 2020 and each of the 5 succeeding fiscal years. 10. Definitions In this Act: (1) Covered school The term covered school means— (A) a publicly funded early childhood education program; (B) a public elementary school; or (C) a public secondary school. (2) Eligible entity The term eligible entity means a local educational agency, a consortium of such agencies, an educational service agency, or regional educational agency that at the time of the application of such eligible entity has significant achievement gaps and socioeconomic or racial segregation within or between the school districts served by such entity. (3) ESEA terms The terms educational service agency , elementary school , local educational agency , secondary school , and Secretary have the meanings given such terms in section 8101 of the Elementary and Secondary Education Act of 1965 ( 20 U.S.C. 7801 ). (4) Publicly funded early childhood education program The term publicly funded early childhood education program means an early childhood education program (as defined in section 103(8) of the Higher Education Act of 1965 ( 20 U.S.C. 1003(8) )) that receives State or Federal funds.