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Selecting Multiple tracking Categories in one Budget

I work in an NPO and we have a very complex system, we have 4 departments and in our department we work on many different projects which run over different year periods. we also have donors that donate to more than one project with donations overlapping financial year periods.

we have created two tracking categories, Projects and Donors. Under each category there is multiple options, For example Marketing team - school project and marketing team University project.

We would please like to be able to 1 create budget for each department by selecting all the project category option of each department. Please let us know if this is possible.

Thank you