Definition
Budgetary evaluation, /ˈbʌdʒɪtəri ɪˌvæljʊˈeɪʃən/ (UK), /ˈbʌdʒɪtɛri ɪˌvæljuˈeɪʃən/ (US), involves assessing the performance and effectiveness of a budgetary plan or process.
Example
The finance team of the BH Corp. has finalized a comprehensive budgetary evaluation to analyze spending patterns and identify cost-saving opportunities.