This is the 13919th most frequent Russian word.
обошла
"Обошла" means "went around" or "bypassed" in English.
In this context, "обошла" means she bypassed or avoided the obstacle physically.
Она обошла препятствие на дороге.
She went around the obstacle on the road.
Here, "обошла" is used to convey surpassing or outperforming others.
Она обошла всех в честной борьбе.
She surpassed everyone in fair competition.
In this sentence, "обошли" indicates exceeding or going beyond a limit, in this case, referring to the budget.