NJ Taps Debt-Relief Fund to Pay for Big-Ticket Items

The latest round of spending from New Jersey’s dedicated debt-relief fund will pay for, among other projects, a new training facility for the New Jersey State Police and the replacement for a troubled state women’s prison in Hunterdon County.

In all, Gov. Phil Murphy and lawmakers approved more than $370 million in new spending out of the Debt Defeasance and Prevention Fund in late June when they also enacted a new annual budget for the fiscal year that began July 1.