CourtneyB,
At my sons' school they use the terms 'meet' and 'exceed' grade level on the report card. As I understand it, the terms have to do with the state's minimum requirements and the level that the class is being taught and tested. So if the teacher is testing counting to 10, your child meets the sate requirements if he can count to 10. That was all that was tested. However, if the teacher is teaching to 100, then your child exceeds the state requirements when he is tested on 100.
I hope that makes sense.
The report card gives you an idea of the level at which your child is being taught and you could use it as a starting point for a conversation with the teacher or principal.
