PROVIDENCE, R.I. -- The Rhode Island Public Transit Authority is, however reluctantly, proposing a 50 cent bus fare hike in its budget request for next year.The increase, which would take the base fare for a one-way ride from $2 to $2.50, would take effect next July, if approved. It would generate an estimated $3 million in revenue and narrow RIPTA's budget gap for the year starting July 1 to $580,000.However, before they unanimously approved the budget [...]