Over the world, Higher Learning Institutions want to be efficient, effective, accountable and responsive to the needs of its customers, particularly, students. In order to produce skilled man power demanded by national economy higher learning institutions, particularly Colleges should have to use limited resources allocated by the government in economic ways. This is reach if and only if these institutions Have and implement effective budgeting systems. The budget is a quantitative expression of the plan against which the actual results can be compared and measured. Budgets are used to encourage communication, coordination's, performance evaluation, controlling and force managers to think about a head. Also budget is a time bound financial planning most of the time a year. However, usually budget is not properly utilized in Ethiopian public organizations due to certain factors in which Nekemte Technical and vocational college is not an odd. Therefore, the general purpose of this study was to assess factors that influencing budget utilization in Nekemte Technical and vocational college.