IT organizations are finding they have the power to negotiate better terms up front and get more bang for their buck.
From CIO Magazine

You could soon be earmarking almost a quarter of your company's revenues for IT. So you better start treating technology like the strategic investment it is.
From Darwin Magazine

Results of a survey features quarterly interviews with 300 IT and business executives. For the first time in the survey's four-year history, more than half the respondents say their budgets are either flat or declining--almost double the 28% who responded the same way in the last survey.Concerns about the uncertain U.S. economy have resulted in IT budget cuts for 15% of the respondents; another 7% are considering scaling back for the same reason.
From InformationWeek Magazine

Are CIOs' ruining CFOs' budgets?
From CIO Magazine

The "new economics" of business and how it is affecting IT / IS budgets and budget decision making. 
From InformationWeek Magazine

Growth in IT spending won’t be completely stalled due to economic slowdowns and dotcom in the coming months according to a Meta Group report.
From CIO Magazine

Corporations are putting the brakes on IT spending growth, according to a Merrill Lynch survey.  IT budget growth could slow – Short article about the top and bottom corporate spending priorities.
From Techweb Magazine

Getting a true fix on the benefits of complex technologies ranks among the toughest challenges facing CIOs and CFOs.  CFO Asia surveyed finance, IT, and other managers to find out what CIOs should be telling the finance people about IT.   This article also includes "ten things your IT manager may well be thinking - but will probably never tell you." 
From CFO Magazine (Asia)

The "value" that sold a project to your company's decision-makers yesterday could be a certain strike out today.  Here's how to stay on top of what types of value guarantee support.
From Datamation Magazine

TOTAL COST OF OWNERSHIP (TCO), does it matter?  The most important aspect of TCO may not be the actual dollar value that it appears to cost an organization, but an awareness that there is a cost.
From CIO Magazine

If you have ever been confused by your organization’s budget or budgeting process, this tutorial is designed for you. The topic is demystified through a concise, plain English, discussion of why budgeting often seems to work against you, and what you can do to make it work for you.
From Resource Management Systems, Inc.

The days of approving IT budgets with nary a raised eyebrow have gone the way of the buffalo.  Today, savvy executives demand business value for their IT buck.
From CIO Magazine

Alternatives to the traditional budget process.  Why some organizations are changing their approach to the annual process and how they are doing it.  
From CFO Magazine (Europe)

Sprint has done away with traditional budgeting; now it emphasizes forecasting based upon key business drivers and exception-based performance monitoring and measurement system. 
From CFO Magazine (Europe)