budgetary control

noun

1. a system of managing a business by applying a financial value to each forecast activity. Actual performance is subsequently compared with the estimates

Example Sentences

The report said there was an implication of a "lack of budgetary control", which was "not in the long-term best interests" of the university.

From BBC

So the Minneapolis City Council has budgetary control over the Minneapolis police.

From Slate

The European Parliament’s Budgetary Control Committee voted by 22-3, with five abstentions to postpone their endorsement of Frontex’s 2019 budget “until additional clarifications are brought on a series of issues.”

From Seattle Times

The resolution vote follows a fact-finding mission to Prague in February by the parliament’s budgetary control committee, which has no legal power to investigate national budgets or even oversight of the budget of the European Council.

From Washington Times

The report, by the European parliament’s budgetary control committee, calls on Babiš to stand down as prime minister or sell his business, if a conflict of interest is confirmed.

From The Guardian