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Rhode Island's public transit authority (RIPTA) looks to state for fiscal help

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By Bruce Landis

PROVIDENCE, R.I. -- The Rhode Island Public Transit Authority wants the state government to pick up the cost of the authority's debt service for the fiscal year that ends June 30, about $1.7 million, to help balance its budget.

Wayne Hannon, a deputy state budget officer assigned to RIPTA, said that the estimated deficit stands at $2.5 million.

He said the authority is discussing the matter with the House and Senate Finance committees, which are putting the annual state budget together.


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