In this interesting paper, Show-Me Institute researcher Audrey Spalding analyzes a topic that has received little systematic study: the compensation of school superintendents. School superintendents are the CEOs of our public school districts. Missouri school districts spend roughly $ 9,500 per student in current operating expenses. This rises to nearly $ 13,000 per student when capital expenditures are included. Superintendents, with the approval of their boards, make important decisions about how these resources are allocated.