Definition
Budget authority, /ˈbʌdʒɪt ɔːˈθɒrɪti/ (UK), /ˈbʌdʒɪt ɔːˈθɔrəti/ (US), refers to the power or right granted to individuals or entities to control and allocate financial resources within a budgetary framework.
Example
The state’s finance committee has the budget authority to oversee departmental spending.