The phrase "a reduced budget" is correct and usable in written English.
It can be used when discussing financial constraints or limitations in funding for a project, organization, or initiative.
Example: "Due to unforeseen circumstances, we will need to operate with a reduced budget for the upcoming fiscal year."
Alternatives: "a smaller budget" or "a limited budget".
And with a reduced budget, we must cut waste.
In the end, the couple had to start their house search again, with a reduced budget.
In August, citing reduced oil income, the parliament passed a reduced budget for 2014.
(It was also originally supposed to be shot in color as a talking picture; working with a reduced budget, Murnau made a silent film in black and white).
Finally, if you are still chasing quality sound for a reduced budget, use this simple trick to create naturalistic sound with a £2.49 (Maplin) dual mic adapter.
Managing a reduced budget can be tough and many organisations may feel that they simply cannot commit the time or resources to investing in expensive research.
BBC Essex's Glenn Speller: "A further reduced budget and a division which doesn't look any easier, it could be another difficult season for manager Joe Dunne.
For now there seems to have been a change of heart from up on high, and there is a glimmer of hope that the BBC Asian Network may survive as a national digital radio station, though with a much reduced budget.
Operating on a further reduced budget, the 54-year-old former England skipper drafted in a number of new recruits, including Gary Warren, David Raven and Ross Draper, who had been at Newport County, Tranmere Rovers and Macclesfield Town, respectively.
Councillor Graham Turner, cabinet member for resources, said: "The economic downturn has meant that the library service will now have to deliver services with a much reduced budget and we need to look at new ways of working to ensure we maintain an efficient and comprehensive service".
The school was approved with a drastically reduced budget of $27,000 plus $9,850 from the Board of Education's general fund.
