The spending plan described in Section 20.17-2(b) shall also include metrics designed to evaluate the effectiveness of the Initiative and each of its specific components. Within one year of the Department’s submission of the spending plan to the Board of Supervisors, and on an annual basis thereafter, the Department shall prepare, and submit to the Children and Families First Commission (the “First Five Commission”), established by Chapter 86 of the Administrative Code, the Early Childhood Community Oversight and Advisory Committee (the “EC COAC”), established by Article XIII of Chapter 5 of the Administrative Code, the CCPAC, and the Board of Supervisors, a report evaluating the effectiveness of the Initiative and each of its specific components, using the metrics previously developed in the Department’s spending plan and include a financial analysis forecasting how the Department will achieve universal access to early care and education, and establish a universal system for high-quality early care and education that interrupts racialized outcomes for children by building and funding an integrated system of early childhood supports and service in San Francisco and is based on planned expenditures and anticipated funding. The report should also consider and report on emerging needs, and new conditions or circumstances that would impact effectiveness such as workforce retention or newly identified revenue sources, economic conditions, or new policy directives. Before the Department submits this annual report to the Board of Supervisors, the EC COAC, the CCPAC, and the First Five Commission shall have an opportunity to review the report and submit related recommendations to the Department and the Board of Supervisors.