"overspent budget" is a correct and usable phrase in written English.
It can be used when referring to an amount of money spent beyond the set limits of a budget. For example, "The department's overspent budget caused a financial crisis in the organization."
Brussels needs more cash this year to cope with overspent budgets.
They have issued notices to his staff that they will be furloughed on Oct. 21 for 40 days, claiming that he overspent his budget — the same budget they refuse to release for all legislators.
— While Wilson was superintendent in Oakland, the district overspent its budget in some areas, but spent substantially below budgeted amounts in other categories, according to data from the Board of Education.
"We overspent the budget in years we had a surplus".
And in 1998, Camden overspent its budget by nearly $500,000, according to the state's legal brief.
A state comptroller's audit concluded in March that Roosevelt administrators repeatedly overestimated state aid and overspent their budget.
The provincial government overspent its budget by about $250 million, and investigations into bloated contracts, many of which are linked to Mr. Malema and his associates, have begun.
In the past few years, difficult ones for any arts organization, the opera has overspent its budget and reached into its endowment while underselling its tickets.
The department had overspent its budget by almost $40 million even before ordering textbooks and other supplies for the coming school year.
During the 1993 campaign for the mayoralty, the Giuliani people said, Mr. Murphy had overspent his budget by tens of millions of dollars, awarding contracts to dubious community groups.
