The State Board of Education shall implement a system of rewards for school districts, and the schools themselves, through a process that recognizes schools in improvement status that are (i) high-poverty, high-performing schools that are closing achievement gaps or are excelling in academic achievement; (ii) schools that have sustained high performance serving identified student groups; (iii) schools that have substantial growth over the 3 years immediately preceding the year in which recognition is awarded; and (iv) schools that have demonstrated the most progress in improving student outcomes of student groups identified for Targeted, Comprehensive, or Intensive School Improvement.