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The phrase "budget shortfalls" is correct and can be used in written English
It refers to a situation where there is not enough money in a budget to cover all planned expenses. Example: "The city council had to make difficult decisions to address the budget shortfalls caused by the economic downturn."
Exact(57)
financing to fill budget shortfalls.
One is their projected budget shortfalls.
By the 2000s, Detroit was borrowing to solve budget shortfalls.
Unfortunately, they are suffering from neglect caused by budget shortfalls.
Nearly all of the states face budget shortfalls.
Many states, including New York, are facing budget shortfalls.
Thirty-five face budget shortfalls in 2001 or 2002.
State and local governments continue to face large budget shortfalls.
But in this cycle, governments are facing severe budget shortfalls, and layoffs are accelerating.
But federal guarantees of local debts would not immediately increase federal budget shortfalls.
The common denominator: Cities facing budget shortfalls want to keep all the money they can.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com