The document discusses developing different assessment tools and grading systems for evaluating student portfolios. It covers 3 key areas for developing assessment tools: 1) Planning, 2) Design and Development, and 3) Quality Checks. It then discusses the purposes of grading and reporting which include improving student learning and reporting to parents/guardians. Different types of grading systems are outlined such as traditional letter grades, pass-fail systems, checklists of objectives, letters to parents, portfolios, and parent-teacher conferences. Specific details are provided about implementing different grading systems in public schools.