authorized by the provincial board, be used for purchasing rice or other necessaries to be sold or paid in kind, w ithout profit, to laborers actually engaged upon such improvements. [759-1.] SECTION  2045 . Detailed Statement of Receipts and Expenditures for Preceding Year.  — On or before the fifteenth day of January of each year, the provincial treasurer shall present to the provincial board a certified detailed statement of all receipts and ex penditures pertaining to the preceding fiscal year. SECTION  2046 . Estimate of Revenues and Receipts for Current Year — Annual Provincial Budget . — Immediately upon receipt of the statement of receipts and expenditures from the provincial treasurer, the provincial board will make a careful estimate of the re venues and receipts for the current year. Upon the basis of such estimated income the provincial board will, likewise, make detailed appropriations covering the estimated expenditures for the year, but in no case shall such appropriations be in excess of t he estimated revenues and receipts. The statement of receipts and expenditures for the preceding year together with the estimates and appropriations by the provincial board for the current year shall be known as the annual provincial budget. Changes in the estimates and appropriations may be made by the provincial board from time to time during the year by supplemental budgets. SECTION  2047 . Disbursement of Provincial Funds — Statement of Provincial Accounts . — Disbursements of provincial funds shall be made by the provincial treasurer upon properly executed vouchers in accordance with the appropriations made by the provincial bo ard in the budgets and without the necessity for further approval by said provincial board. Within ten days after the close of each month, the provincial treasurer will furnish to the provincial board for its information a statement of the appropriations,  expenditures, and balances in all provincial accounts. CcTIDH SECTION  2048 . Restriction Upon Limit of Disbursements . — Disbursements made by the provincial treasurer in accordance with the appropriations of the provincial board, as shown in the provincial budgets, may be made from any funds in the hands of the provin cial treasurer; but the total disbursements from any provincial fund shall in no case be in excess of the actual Copyright 2012 CD Technologies Asia, Inc. and Accesslaw, Inc. Philippine Law Encyclopedia 2011 605 ARTICLE  VIII Provincial Budget 