State Frees Up Some Funding For Holy Name Medical Center

NEW JERSEY – New Jersey officials are freeing up tens of millions of dollars that were frozen during a summer budget battle – a development that could have a big impact on a number of towns, colleges and roads.

Department of Treasury officials said on Thursday that $114 million of the frozen money has been released. During the summer, funding was frozen for 64 items – all of which would be useful for millions of New Jersey residents.

SEE MORE: NJ Gov. Phil Murphy Unfreezes $114 Million: Here's What You Get

Holy Name Medical Center was previously allocated $3 million for a palliative care pilot program. On Thursday, officials announced the Teaneck hospital would receive $396,000 for the pilot.

Click here to see the full list of frozen items

The Murphy administration froze $235 million in spending during the summer since Gov. Phil Murphy failed to get what he's long sought for in the 2020 budget: a millionaire's tax.

Murphy signed the 2020 budget in June after a protracted, acrimonious battle between himself and Senate President Stephen Sweeney, who vehemently opposed the millionaire's tax.

In July, the Department of the Treasury released the list of spending items that have been placed into reserve pursuant to Executive Order No. 73 signed by Murphy.