MOT Charter School
Minutes
Finance & Operations Committee Meeting
Date and Time
Wednesday August 15, 2018 at 7:00 PM
Location
1156 Levels Road
Committee Members Present
D. Watlington, L. Savino, M. Hewett, N. Southworth, S. Stallone, S. Sullivan
Committee Members Absent
J. Taylor, L. Jennings, M. Ali Khan, R. Carroll, Jr.
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 Aug 15, 2018 at 7:02 PM.
C.
Approve Minutes
D. Watlington made a motion to approve minutes from the Finance & Operations Committee Meeting on 07-18-18 Finance & Operations Committee Meeting on 07-18-18.
S. Stallone seconded the motion.
The committee VOTED unanimously to approve the motion.
II. Finance
A.
Review JP Morgan Statements
Meryl Hewitt reviewed the transactions and demonstrated a new Amazon excel spreadsheet that allow for more information about the transactions. The information of the new report was reviewed and questions were answered.
B.
Review WSFS Accounts
The WSFS accounts were reviewed and no issues were found.
C.
Review Monthly Board Financials
Meryl Hewitt reviewed the budget for end month July, 2018.
III. 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 7:54 PM.
Respectfully Submitted,
S. Sullivan