MOT Charter School
Minutes
Finance Committee Meeting
Date and Time
Wednesday August 19, 2026 at 6:00 PM
Location
High School Campus
1275 Cedar Lane Road
Middletown, DE 19709
Committee Members Present
B. Pace, D. Whitaker, J. Elston, M. Ali Khan, M. Hewitt, S. Doan
Committee Members Absent
K. Swab, S. Sullivan
Guests Present
N. Southworth
I. Opening Items
A.
Record Attendance and Guests
B.
Call the Meeting to Order
S. Doan called a meeting of the Finance & Operations Committee of MOT Charter School to order on Wednesday Aug 19, 2026 at 6:00 PM.
C.
Approve Minutes
S. Doan made a motion to approve the minutes from Finance Committee Meeting on 05-20-26.
M. Ali Khan seconded the motion.
The committee VOTED unanimously to approve the motion.
D.
Approve Minutes
S. Doan made a motion to approve the minutes from CBOC Meeting on 04-15-26.
M. Ali Khan seconded the motion.
The committee VOTED unanimously to approve the motion.
II. Finance
A.
Review JP Morgan Statements
B.
Review WSFS Accounts
WSFS Account statements were reviewed and questions answered.
C.
Review Monthly Board Financials
Reviewed monthly financial report, discussed expenses and revenue to date and all variances.
Reviewed Pcard statements and discussed Pcard usage policy.
III. Closing Items
A.
Adjourn Meeting
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 7:00 PM.
Respectfully Submitted,
N. Southworth
JP Morgan statements were reviewed and questions answered.