EXECUTIVE SUMMARY

A. Introduction

The Pamantasan ng Lungsod ng Maynila (PLM) was organized by virtue of

Republic Act (RA) No. 4196 which was approved on June 19, 1965. It is the first
tuition-free institution of higher learning in the Philippines and among the Local
Colleges and Universities in the National Capital Region. The City Government of
Manila provides the bulk of its funds.

Guided by the values of academic excellence, integrity, and social responsibility, PLM
is committed to pursue the principles of “Karunungan, Kaunlaran, Kadakilaan,” and
specifically, (a) to be recognized by the Philippines and Association of Southeast Asian
Nations (ASEAN) academic accrediting agencies as a premier university for its quality
education, research, and extension services; (b) to ensure that it maintains a higher than
the national average performance in all professional licensure examinations taken by
its graduates; and (c) to continue to provide the students with an education that will
give them a competitive advantage for employment opportunities.

The University is governed by the Board of Regents (BOR) consisting of the

Chairperson, Dr. Francisco L. Roman; the Vice-Chairperson and University President,
Hon. Emmanuel A. Leyco; and five members namely Atty. Relson P. Moral, Hon.
Wilma V. Galvante, Hon. Gener T. Mendoza, Atty. Jose Ngaw, and Hon. Maria
Magdalena M. Lim, all of whom are appointed by the City Mayor of Manila.

The personnel complement of the University in 2021 totaled 1,411, classified as

follows:

Particulars Total
Permanent 589
Temporary 33
Co-Terminus/Primary Confidential 7
Fixed Term 1
Casual 4
Job Order 10
Contract of Service/Part-time 760
Board of Regents 7
Total 1,411

The appropriations and obligations for CYs 2021 and 2020 are shown below:

Increase/
2021 2020
(Decrease)
Appropriations P1,053,168,622 P1,035,601,700 P17,566,922
Obligations 715,657,922 539,534,218 176,123,704
B. Financial Highlights

For Calendar Year 2021, the approved budget of the Pamantasan ng Lungsod ng
Maynila totaled P1.053 billion which is intended to fund its academic instructions,
research projects and extension services for the College of Law, College of Medicine
and nine undergraduate colleges. Obligations charged against the approved budget
amounted to P715.658 million, broken down as follows:

Particulars Amounts
Personnel Services P485,331,199.54
Maintenance and Other Operating Expenses 166,417,298.35
Financial Expenses 12,000.00
Continuing Appropriation 63,897,424.44
Total P715,657,922.33

The total income of P727.815 million during the year was sourced from the following:

Particulars Amounts
Service Income P 916,592.84
Business Income 414,256,104.82
Grants and Donations 721,500.00
Miscellaneous Income 449,670.97
Subsidy from the City of Manila 311,471,000.00
Total P727,814,868.63

Comparative Assets, Liabilities, Equity, Income and Expenses of CYs 2021 and 2020
are shown below:

Increase/
Particulars 2021 2020
(Decrease)
Total Assets P1,072,961,088.52 P993,459,346.28 P79,501,742.24
Total Liabilities 153,156,637.55 140,636,178.53 12,520,459.02
Total Equity 919,804,450.97 852,823,167.75 66,981,283.22
Total Income 727,814,868.63 407,982,747.96 319,832,120.67
Total Expenses 673,538,465.72 556,905,190.79 116,633,274.93

C. Operational Highlights

The University reported, among others, the following accomplishments in CY 2021:

1. Revised and updated syllabi to prepare for combined online and limited face to
face-to-face classes.

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2. Published faculty and graduate students research papers.

3. Passing rates and ranking in the following annual/professional licensure

examination
A. Passing rates
• December 2021 Physical Therapist Board Exam – 95.24%
• Nursing Licensure Exam – 100%
• October 2021 Chemical Engineer Licensure Exam – 87.5%
• November 2021 Civil Engineer Licensure Exam – 100%
• September 2021 Electrical Engineering Licensure Examination – 50%
• September 2021 Master Electrician Licensure Examination – 100%
• October 2021 Electronics and Communications Engineering Licensure
Examination – 37%
• October 2021 Electronics Technician Examination – 100%
• Psychometrician Licensure Examination – 100%
• Psychologist Licensure Examination – 85%
• Physician Licensure Exam – 98.06%
B. Rank
• Top 3, 7 and 8 – Nursing Licensure Exam
• Top 7 – Civil Engineer Licensure Exam
• Top 5 - Physician Licensure Exam

4. Students won in National and Local Competitions:

• 2nd runner-up - Megachallenge Online National Quiz (MCONQ) 2021
• Champion - Design Innovation Contest at Maxim Integrated Philippines
• Champion - SA NDBOX.PH
• Champion - White Hackfest, Systems Intelligence Quiz Bee (November 28,
2021)
• 1st runner-up - 10th IT Skills Olympics organized by UMAK last October
13, 2021 in different categories like Networking, Mobile Application etc.
• 1st Place and 2nd Place - Hacklasalle 2021 Mobile Application
• Best Pitching Category - Startup Bootcam Launching Creativity Towards
Better Future of the Department of Information Communications
Technology (September 29,2021)
• 3rd Place - White Hackfest: Systems Intelligence Quiz Bee (November 27,
2021)
• 2nd Place - Puregold modern store design Competition

5. Procured/Acquired subscription of digital platforms for various colleges

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 6. Infrastructure Development
• Remodeling of the Gusaling Villegas Electrical Riser
• Installation of the Gusaling Lacson Elevator
• Completion of the Steel Fire Exit Stairs at the Gusaling Villegas
• Renovation and Waterproofing of the PLM Gymnasium (Rajah Soliman)
Roof
• Repair of Canteen Comfort Rooms
• On-going installation of Earthquake Recording Instrument at the Gusaling
Lacson
• On-going installation of Overhead Tank at the Gusaling Villegas
• On-going repair of Comfort Rooms at the Gusaling Atienza
• On-going repainting of the Gusaling Corazon Aquino exterior
• On-going rehabilitation of the Gusaling Corazon Aquino
• On-going rehabilitation and repair of the Gusaling Lacson Roofdeck

D. Scope and Objectives of Audit

The audit covered the financial accounts and operation of the PLM for CY 2021. The
objectives of the audit are to (a) verify the assurance that may be placed on
Management’s assertions on the financial statements; (b) recommend agency
improvement opportunities; (c) determine compliance with existing laws, rules and
regulations; and (d) determine the extent of implementation of prior years’ audit
recommendations.

E. Auditor’s Opinion on the Financial Statements

The Auditor rendered an unmodified opinion on the fairness of the presentation of the
Financial Statements.

F. Other Significant Audit Observations and Recommendations

1. The PLM was unable to submit within the prescribed period its CY 2021 financial
transaction documents (FTDs) which included disbursement vouchers (DVs) in the
total amount of P180,922,676.22 contrary to Section 7.2.1 (a) of COA Circular
No. 2009-006 dated September 15, 2009, Section 3.4 of COA Circular No. 96-011
dated October 2, 1996, and Sections 361 and 363 of the Government Accounting
Manual (GAM) for Local Government Units (LGUs), Volume I. Thus, prevented the
audit of transactions for timely detection and correction of deficiencies and errors.

We recommended that Management:

a. Submit without further delay the DVs and their supporting documents; and

b. Henceforth, submit the FTDs within the prescribed period.

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2. The PLM was unable to deliver P347.003 million of its budget for CY 2021. Moreover,
78 of its programs/projects/activities (PPAs) in the same year with a total budget of
P99.591 million were canceled and the implementation of 49 others with a combined
budget of P81.056 million was delayed.

We recommended that Management identify and address effectively the lapses in

programming, planning, and budgeting; implement measures to increase the
University’s budget absorption capacity, and improve management of PPAs delivery.

3. The PLM was unable to fully implement 19 essential GAD projects and activities with
a total budget of P7,695,400.00 which worked against addressing effectively existing
gender concerns and issues contrary to RA No. 9710 and its IRR.

We recommended that Management direct the GFPS to implement a catch-up plan for
the 19 unimplemented GAD projects and activities.

The above observations and recommendations were discussed with the concerned Officials
and staff on May 30, 2022. Management views and comments were incorporated in the
report, where appropriate.

G. Summary of Audit Suspensions, Disallowances, and Charges

The audit suspensions and disallowances amounting to P2.473 million and

P2.014 million, respectively, remained unsettled.

H. Status of Implementation of Prior Year’s Audit Recommendations

Out of the 7 audit recommendations in the CYs 2019 to 2020 Annual Audit Reports,
six or 85.71 percent were fully implemented and one or 14.29 percent was partially
implemented.