The Massachusetts Education Reform Act was passed in June 1993. In fall 1993, the Massachusetts Board of Education approved the Department of Education's Implementation Plan for Education Reform and appointed a board task force to oversee the implementation process. This document presents the state's first annual implementation report card for education reform. The implementation plan identified 54 distinct activities that were grouped into five strategic goals: (1) establish new standards and programs for students that ensure high achievement; (2) administer a fair and equitable system for school finance; (3) work with school districts to create a governance structure that encourages innovation and accountability; (4) enhance the quality and accountability of all educational personnel; and (5) improve the Department of Education's capacity and effectiveness in implementing education reform. Part 1 summarizes progress made toward the five strategic goals. Part 2 (separately bound appendices) includes an end-of-year summary for the 54 implementation activities, each of which is linked to one of the five strategic goals. The second part also includes a status report on the 49 statewide groups involved with implementation; the final draft of the Common Core of Learning approved by the Board of Education on July 14, 1994; and a catalog of all other Massachusetts education reform documents. Due to inadequate resources, the state will focus initial efforts on those activities directly related to the development of academic standards. State accomplishments during the first year and challenges for year 2 are highlighted. (LMI)