A Budget Committee is a group of individuals responsible for planning and overseeing an organization's financial resources. This committee typically includes members from various departments, ensuring that different perspectives are considered when creating the budget. Their main goal is to allocate funds effectively to meet the organization's objectives while maintaining financial stability. The committee reviews past spending, forecasts future needs, and makes recommendations for budget adjustments. They play a crucial role in ensuring that the organization operates within its financial means and can achieve its goals. Effective collaboration within the committee can lead to better financial decision-making and resource management.