MOT Charter School

Minutes

Finance & Operations Committee Meeting

Date and Time

Wednesday July 18, 2018 at 7:00 PM

Location

1156 Levels Road

Committee Members Present

D. Watlington, L. Jennings, L. Savino, M. Ali Khan, M. Hewett, N. Southworth, S. Sullivan

Committee Members Absent

J. Taylor, R. Carroll, Jr., S. Stallone

I. Opening Items

A.

Record Attendance and Guests

B.

Call the Meeting to Order

D. Watlington called a meeting of the Finance & Operations Committee of MOT Charter School to order on Wednesday Jul 18, 2018 at 7:07 PM.

C.

Approve Minutes

L. Jennings made a motion to approve minutes from the CBOC Quarterly Meeting on 06-20-18 CBOC Quarterly Meeting on 06-20-18.
M. Ali Khan seconded the motion.
The committee VOTED unanimously to approve the motion.

II. Finance

A.

Review JP Morgan Statements

The transactions were reviewed and no issues were discovered.

B.

Review WSFS Accounts

The transactions were reviewed and no issues were discovered.

C.

Review Monthly Board Financials

The end of the year financials were reviewed and there were no issues that arose during the review.

III. Other Business

A.

Review FY19 Facilities Priority List

Ned Southworth discussed the priority needs for the K-12 campuses.  

IV. Closing Items

A.

Adjourn Meeting

D. Watlington made a motion to adjourn the meeting.
L. Savino 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 7:53 PM.

Respectfully Submitted,
S. Sullivan