The New York State Regents Action Plan dramatically changes educational reform initiatives by requiring districts to sign a written contract specifying criteria for program, performance and fiscal accountability. Districts are required at the end of the school year to provide a written explanation as to whether or not the goals were achieved. On Wednesday, December 13, 2007, the New York State Board of Regents announced its support for P-16 action plans--to improve student achievement initiatives and college readiness and completion programs.