Source: The Hill

A common myth is that principals are like CEOs of their schools, with authority to make key decisions and strategically deploy resources. The reality, though, is quite different. Principals typically are treated like middle managers, with little control over the $694 billion in annual U.S. public education spending. At the state level, school finance formulas determine how dollars are allocated to districts, virtually all of which contain allotments that are restricted for specific purposes. But perhaps the biggest impediment to giving school principals more autonomy are school districts, where most spending decisions are made by central offices. Instead of giving principals actual dollars to spend, most districts allocate staffing positions and other resources based on one-size-fits-all models. For example, a district might dole out one teacher for every 25 students, an assistant principal for every 250 students, and a social worker for every 500 students.