Gov. Murphy details $235 million from budget he placed on hold

Posted: Updated:
TRENTON -

The Murphy administration has specified $235 million in programs the governor is putting a hold on until revenues meet projections.

Gov. Phil Murphy announced that he would hold $235 million in reserve when he signed the fiscal year 2020 budget on Sunday. The money will be released once revenues meet expectations.

The programs range from $50,000 for a traffic study in Little Ferry to more than $100 million in aid for struggling cities and towns.

RELATED: President Trump praises NJ lawmakers for not raising taxes in budget 
RELATED: Gov. Murphy approves state budget, avoiding government shutdown 

Murphy signed a $38.7 billion budget Sunday, while also using his line-item veto to slash $48.5 million in spending. The budget is roughly 3% higher than the previous year's spending plan.

Lawmakers flouted Murphy's request to raise taxes on people making $1 million and above, a key proposal and campaign promise by the governor.

The Associated Press wire services contributed to this report.

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