MOT Charter School
Minutes
Finance & Operations Committee Meeting
Date and Time
Wednesday May 18, 2022 at 6:00 PM
Location
High School Campus
1275 Cedar Lane Road
Middletown, DE 19709
1275 Cedar Lane Road
Middletown, DE 19709
Committee Members Present
D. Watlington, J. Taylor, K. Swab, M. Hewett, N. Southworth, R. Dallas, S. Sullivan
Committee Members Absent
L. Jennings, L. Savino, M. Ali Khan, 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 May 18, 2022 at 6:26 PM.
C.
Approve Minutes
J. Taylor made a motion to approve the minutes from Citizens Budget Oversight Committee Meeting on 04-27-22.
K. Swab seconded the motion.
The committee VOTED unanimously to approve the motion.
II. Finance
A.
Review JP Morgan Statements
B.
Review WSFS Accounts
The transactions were reviewed and no issues were discovered.
C.
Review Monthly Board Financials
III. Other Business
A.
Draft Budget for 2022-2023 Academic Year
The committee recommends to propose the draft budget as presented.
D. Watlington made a motion to present the budget as proposed.
J. Taylor seconded the motion.
The committee VOTED unanimously to approve the motion.
B.
2022-2023 Academic Calendar
Not reviewed during the meeting.
IV. Closing Items
A.
Adjourn Meeting
D. Watlington made a motion to adjourn the meeting.
J. Taylor 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 7:00 PM.
Respectfully Submitted,
S. Sullivan
The transactions were reviewed and no issues were discovered.