budgetary control

British  

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

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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 European Parliament’s spending watchdog, the Budgetary Control Committee, has urged the EU’s executive Commission to “propose a maximum amount of direct payment per natural person, making it impossible to receive subsidies of hundreds of millions of euros” in any one seven-year budget period.

From Seattle Times