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.

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.