New Jersey’s gasoline tax will drop by one penny a gallon next weekend making it the 11th highest rate in the nation. Beginning October 1, the Garden State will collect 41.4 cents for each gallon of gasoline sold in the state and 48.4 cents on every gallon of diesel, Gov. Phil Murphy’s administration announced last month. A state law enacted in 2016 requires the tax rate be adjusted each October to ensure it generates roughly $2 billion per year in revenue to support the Transportation Trust Fund, a program to pay for critical infrastructure improvements to New Jersey’s roads and bridges. The …