Apparently, even the Cypress Board of Trustees was among those caught off guard when Cypress School District Anne Silavs announced via email late on Friday that she will retire at the end of this school year.
Suffice it to say that the District Administration and its Board of Trustees are having some animated discussions of late, prompted by the staff’s overspending of approximately $3.5 million in the current fiscal year.
Just last week, in a special meeting, the board demanded an accounting of the so-called “Fund 40,” a special ledger that apparently documents the district’s substantial income from non-traditional sources such as apartment income and private school leases…