MOT Charter School
Minutes
Finance & Operations Committee Meeting
Date and Time
Thursday October 15, 2020 at 6:00 PM
Location
High School Campus
Arts Commons
1275 Cedar Lane Road
Middletown, DE 19709
Committee Members Present
D. Watlington, L. Savino, M. Hewett, N. Southworth, R. Carroll, Jr., S. Stallone, S. Sullivan
Committee Members Absent
J. Taylor, L. Jennings, M. Ali Khan
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 Thursday Oct 15, 2020 at 6:09 PM.
C.
Approve Minutes
S. Stallone made a motion to approve the minutes from Board Meeting on 09-16-20.
L. Savino seconded the motion.
The committee VOTED unanimously to approve the motion.
II. Finance
A.
Review JP Morgan Statements
A sample of these were reviewed and no issues were discovered.
B.
Review WSFS Accounts
The account was reviewed and no issues were discovered.
C.
Review Monthly Board Financials
Meryl Hewett reviewed the reports that are included in these minutes.
III. Other Business
A.
Update on COVID-related grant requests.
Ned Southworth discussed the grants that are being applied for related to COVID expenses that have been accrued.
IV. Closing Items
A.
Adjourn Meeting
D. Watlington made a motion to adjourn the meeting.
S. Stallone 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 6:26 PM.
Respectfully Submitted,
S. Sullivan