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The phrase "shortfall in" is correct and usable in written English.
It is typically used to describe a deficiency or lack of something, often in financial or resource contexts.
Example: "The company reported a significant shortfall in revenue this quarter, prompting a review of its budget."
Alternatives: "deficit in" or "lack of".
Exact(60)
And why the shortfall in funding?
That was the shortfall in the collection.
Or is the cyclical shortfall in public investment?
There are plausible explanations for the shortfall in sales.
Mr Emanuel inherited a $587m shortfall in the 2012 budget.
And there is a looming shortfall in retirement saving.
A sudden $4 million shortfall in South Country.
The Army is facing a serious shortfall in captains.
Philanthropy can't make up the shortfall in development dollars alone.
The shortfall in tax revenues could be enormous.
Mr. Bloomberg estimates a $2 billion shortfall in 2010.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com