12/23/2025
Good Morning, Sidney and Cheyenne County,
This morning, we would like to show you what is actually happening in Sidney. Pure facts and statistics straight from the State of Nebraska, the U.S. Federal Bureau of Labor, and the City of Sidney's actual audits. Here we go.
Has economic development been able to turn Sidney around? NO, absolutely not. Let's look at the numbers honestly with a desire to fix this city and county together with the truth. In the photo we post here, you see the Sales and Use Tax Revenue for Sidney since 2016 in the left column. We pulled every audit since 2016 and read each and every one. Each audit notes interesting facts, such as many of those years' revenues are below what was predicted and budgeted. Some audits note the decline in local income. Very concerning.
Let's look at 2018 since it is the first full year after the departure of Cabela's. Revenue, according to the City's Audit, was $3,396,552. Compare that to 2025, which is $3,819,992. At first glance, you would say, “Great, we went up!" NO. We went down because during those years there was inflation. Remember those high gas prices? This is why our Federal Government makes an inflation calculator, so we have a complete idea of how our businesses and incomes vary with inflation year to year. So look at this calculator on the right. In 2025, you need $4,370,165 to have the same buying power as 3,396,552 in 2018. We are down from 2018 levels, and 2018 was a bad year.
So, 2025 revenue was 14% below the levels in 2018. We are going down. Not just a little. Any drop larger than 10% is really concerning. Since 2018, we have spent millions of tax dollars on economic development, and now we are about to enter a contract for another huge amount of money. It will not work. We can say this for a fact. There is another metric we will show you after the holidays that will prove this beyond any doubt.
Almost 2 weeks ago, we emailed every member of the city council and the mayor. Our intention was to ask them to put this new way of economic development to the people. Residents of Sidney and Cheyenne County need to vote on this. Residents should decide this. Add it to the November election. NO councilman or the mayor has answered my email. Crickets. We are watching to see what they do
In 2025, our Sales Tax Revenue was 14% lower than what we made in 2018 after the loss of Cabela's. Our town is declining. You can see it. The audits show it. The numbers prove it. If we do not stop spending now, bad things are coming in the 3rd and 4th quarters of 2026. Really bad..... Revenues will go down even more. We will show you after the holidays. It is time for everyone to speak up. Share this post, make comments. It is time to stop ridiculous spending that isn't solving the problems. We, the people, want to vote on this new proposal because it is going to raise our taxes again, and it is our right to vote.
Note:
There is an asterisk next to 2025 because the final audit is not been completed for that year. We pulled the final figures from the city budget figures in October, which had the fiscal year-end figures for 2025. We expect those revenue numbers to be adjusted down slightly with a loss as high as 17%.