The funding will be distributed via grants to 544 separate municipalities to pay for work on roads, bridges and other infrastructure projects.

Filling up at the pump just got a little cheaper as an 8.3 cent decrease comes after the state hit drivers with a 9.3 cent-per-gallon hike last year.

“Because actual consumption in Fiscal Year 2021 was so closely in line with our projections made last August, coupled with the fact that consumption in the current fiscal year is projected to be above last fiscal year’s levels, our analysis of the formula dictates an 8.3 cent decrease this coming October,” State Treasurer Elizabeth Maher Muoio said.

$161 million from the state’s Transportation Trust Fund, a source of money filled via taxes levied on each gallon of gas sold, will go toward upgrading roads across the New Jersey's 21 counties.