State Funding For Holy Name Medical Center May Finally Free Up

TEANECK, NJ – New Jersey officials are signaling that they could finally free up 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.

It wasn't immediately clear what items could be funded, however Holy Name Medical Center was previously allocated $3 million for a palliative care pilot program.

Department of Treasury officials said this week that some of the frozen money could soon be released that could help fund 64 items– all of which would be useful for millions of New Jersey residents.

RELATED: New Developments On $235M Frozen By Gov. Phil Murphy
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.