Art. 42. In the ordinary budget of expenses, the following shall be included under its proper heading: 1. The salaries which shall be received by the directress, instructresses, employes, and help of the institution. 2. The amounts which are calculated to be necessary for the rent, preservation of the edifice, and its equipment. 3. Expenses of the secretary. 4. Expenses demanded by the teaching and conservation of scientific equipment. 5. One item for unforeseen expenses, which shall not exceed four per cent of the amount of the ordinary expenses of the institution. Art. 43. In the extraordinary budget shall be figured the expenses which are believed to be necessary for the improvement of the edifice, for the purchase of school equipment or furniture, or for any other object not included in the preceding article. Art. 44. The directress shall send the budgets to the general governor with a memorandum, if she believes it necessary. CHAPTER II Collection, distribution, and payment of accounts Art. 45. The school shall be guided in matters of collection, distribution of funds, and payment of accounts, by the general rule of accounts. TÍTULO III OF TEACHING CHAPTER I Of the opening and duration of the term [curso] Art. 46. The ordinary examinations of studies shall be held in the school from the first to the thirtieth of April, and the extraordinary examinations from the first to the thirtieth of June. The first day of July of each year shall be celebrated in the school by the opening of classes. All the instructresses and assistant teachers shall be present at the ceremony, and the authorities and corporations of the village and those persons who are deemed advisable, in order to give it more solemnity and pomp, shall be invited to it. Art. 47. The opening ceremonies shall be presided over by the directress, whenever the governor general does not attend. Art. 48. The ceremony having begun, the secretary of the school shall read a short and simple résumé of the condition of the institution during the preceding year, expressing therein the changes which have occurred in the staff of instructresses, the number of scholars matriculated and examined, the progress made by the teaching, improvements made in the building, increase in scientific equipment, the economic situation, and all the other bits of information which can contribute to give a complete idea of the progress of the institution. This document shall be printed and afterward inserted in the official newspaper of Manila, publishing therein as an appendix the tables which will serve to prove what was explained in the memorial. This memorial, together with the inaugural address, which shall be read by the directress, or one of the instructresses, shall be made into a single volume, and copies of it shall be sent to the ministry of the colony, the general government, and scientific and literary corporations.