"budget targets" is correct and usable in written English.
You can use it in a sentence such as: "Our department is working to meet our budget targets this year."
Amid the business of meeting budget targets, there is, alas, no room for froth or frizz.
But the over-all budget targets were close to what the E.U. had demanded.
In March he strongly defended Spanish sovereignty after declaring that it would miss its budget targets.
We wanted to create capital value and not just meet annual budget targets.
Furthermore, higher-than-expected inflation is posing a threat to the chancellor's budget targets.
Outstanding issues include pensions, labour market reform, VAT rates and Greece's budget targets.
This year, it gave several governments an extra year to hit budget targets.
Mr. Rehn offered to give some countries longer to meet their budget targets.
Provisions in a budget reconciliation bill must meet budget targets for reducing the federal deficit.
Other measures on which executive bonuses are based, such as hitting budget targets, are doing badly.
They are now rushing to hit their budget targets, necessitating deep cutbacks.
