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Yes, budget is playable

...and is worth 13 points.

Found in the following dictionaries

Enable (Words with friends)
SOWPODS (Collins Scrabble Words)
OTCWL2014 (NASPA Word List 2014)
TWL06 (NASPA List 2006)

"Budget" Definition

noun

A stock or collection with definite limits: "his budget of general knowledge” ( William Hazlitt).
A systematic plan for the expenditure of a usually fixed resource, such as money or time, during a given period: A new car will not be part of our budget this year.
An itemized summary of estimated or intended expenditures for a given period along with proposals for financing them: submitted the annual budget to Congress.
Appalachian Mountains A wallet or small pouch.
The total sum of money allocated for a particular purpose or period of time: a project with an annual budget of five million dollars.

adjective

Appropriate for a restricted budget; inexpensive: a budget car; budget meals.
Of or relating to a budget: budget items approved by Congress.
Suitable for one on a budget.

verb-transitive

To enter or account for in a budget: forgot to budget the car payments.
To plan in advance the expenditure of: needed help budgeting our income; budgeted my time wisely.

verb-intransitive

To make or use a budget.

verb

To put or allow for in a budget.
To require to adhere to a budget.
To allocate funds for in a budget.
To plan or provide for the use of in detail.
To put oneself on a budget.

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