MOT Charter School
Minutes
CBOC Meeting
Date and Time
Wednesday October 15, 2025 at 6:00 PM
Location
High School Campus
1275 Cedar Lane Road
Middletown, DE 19709
Committee Members Present
B. Pace, D. Watlington, D. Whitaker, K. Swab, M. Ali Khan, M. Hewitt, S. Doan
Committee Members Absent
None
Guests Present
C. Slater, N. Southworth, R. Dallas, S. Sullivan
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
C.
Approve Minutes
S. Doan made a motion to approve the minutes from Finance Committee Meeting on 09-24-25.
M. Ali Khan seconded the motion.
The committee VOTED unanimously to approve the motion.
II. Citizen's Budget Oversight
A.
Review JP Morgan Statements
B.
Review WSFS Accounts
The statements were reviewed, and any questions were answered by Rachael Dallas.
C.
Review Monthly Board Financials
- Rachael Dallas reviewed the Amended Budget Assumptions for FY26.
- Racheal discussed interest earnings based upon the funds in the school's accounts. Rachael discussed how the decreased funds from the county based upon the recent re-assessment.
- Discussion focused on how the decrease in County funds and the anticipated affect the MOT budget.
- Expenses increased mainly due to the staff members increase in healthcare premiums
- Rachael reviewed the Actual Budget FY26 with current projections
III. Closing Items
A.
Adjourn Meeting
S. Doan made a motion to adjourn the meeting.
M. Ali Khan seconded the motion.
The committee VOTED unanimously to approve the motion.
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 7:10 PM.
Respectfully Submitted,
S. Sullivan
The statements were reviewed, and any questions were answered by Rachael Dallas.