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In the display of my budget, the amount in the "Currently" column for the expense category Food shows as $100. However that is the total amount for a transaction that had two categories: Food $30, Lodging $70.

Is the current budget anount not able to parse split transactions or am I doing something wrong?

Can you post some screenshots so I can see exactly where the "Currently" column you are looking at is ? Thanks

It looks like the culprit is splits with a credit amount. Credits are included in transaction displays, not in "currently" budget display. Is there a way to fix this?

You have to check the "Refund" box for these 2 splits in the bottom of the transaction editing screen.