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WIBC 9AM-Noon Podcast

Hour 2, 4-16-2026

WIBC 9AM-Noon Podcast

WIBC

News

4.61.2K Ratings

🗓️ 16 April 2026

⏱️ 38 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

Good morning. It is Casey and Jim. It's 93 WIBC, and we turn to Nikki Kelly now from Indiana

0:10.9

Capitol Chronicle. Nikki, good morning. You have been busy. There is so much going on.

0:16.9

Yes. It's been a ridiculously busy week or two.

0:22.0

But breaking lots of stories.

0:23.8

Yeah, I want to start with what's going on with the Indiana toll road in the deal.

0:28.0

Twice yearly hikes for $700 million.

0:31.2

Let's talk about that.

0:32.4

What do you know?

0:33.9

Yeah, so under the current toll road lease, they can raise rates once a year the higher of basically

0:41.2

inflation or 2%. Obviously recently, it's been higher than 2%. And now this new amendment allows them to

0:50.8

raise them twice a year for the higher of one and a half percent or inflation.

0:56.8

So clearly they're going to be able to collect more money from drivers, and it's on all vehicles.

1:03.8

And in exchange, Indiana gets $700 million in three installment payments that they can use

1:10.3

toward infrastructure around the Barris Stadium

1:14.2

if we get the Barrett Stadium.

1:16.2

Yeah, what happens if we don't get the Bearers Stadium?

1:18.6

They're still going to follow through with this?

1:21.1

Yeah, I mean, the amendment is set.

1:23.8

The Indiana Finance Authority approved it, and legislators have to review it at budget

1:29.5

committee on Thursday, though they, you know, it was lawmakers who put that bit in the stadium

1:35.4

bill in the first place. So obviously they agree with it. And yeah, if the bears don't happen,

1:41.8

we're still getting $700 million and it can still go into these

...

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