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The fact that the revenues and expenditures of local governments are not predictable interrupts the strategic planning process and affects financial autonomy negatively. In this context, how to make the expense budget predictable in local governments is an important problematic. The purpose of the study is to examine how convenient the Grey Prediction Method can be used in estimating the expense budgets of metropolitan municipalities. In this framework, the expenditure budget of the Istanbul Metropolitan Municipality (IMM) is analyzed for the 2021-2024 period. A two-stage pathway was followed in the study. First of all, it has been tested whether the results are consistent or not by applying the Grey Prediction Method to IMM's data between 2018-2020. At this stage, the deviation rate was determined as 1.88%, indicating that the method is valid and reliable. As a matter of fact, considering that the deviation rate between the current estimates made by IMM and the actual figures is at a high level of 12%, the deviation rate of the study is at a reasonable level. Considering this determination, the second stage was passed and the method was applied again for expenditure-budget estimation for the period between 2021-2024. According to the findings obtained, the total expenditure budget of IMM is estimated as 29.492.566.776 TL for 2021, 33.321.097.278 TL for 2022, 37.646.622.359 TL for 2023 and 42.533.658.577 TL for 2024. [ABSTRACT FROM AUTHOR]