Unhand Piermont!: 2025

The above and below newly-discovered charts, graphs, and documents from the Office of the New York State Comptroller (OSC), can be found and re-generated at:
https://www.osc.ny.gov/local-government/interactive-data
To re-generate them for yourself, all you need to do is select “Piermont (Village)” on the screen, and then select the one of four available reports which you wish to view.

I know that I had not seen these charts, graphs, and documents before discovering them late yesterday. I’ll bet that most Piermont residents have not seen them before, either. I am reasonably certain that I never saw them posted to the Village of Piermont Internet website, and that I never heard or saw them cited in any of the videographed meetings at Piermont Village Hall over the past year.

Now, it is not surprising that a small, 2,500-person village like Piermont engages in financing through the use of, inter alia, municipal bonds – or, simply, “debt”. What is shocking, however, is what happened to Piermont in the ten-year period between 2013 and 2023 – and particularly, what happened in 2023:

The above OSC graph is titled “Debt Service Payment Over Time”. “Debt service” refers to the total amount of principal and interest payments required to pay off debt over a specific period, typically a year. Think of “debt service” as financial obligations associated with a loan or other forms of borrowing – simply, the cost of borrowing. “Debt service” is therefore a crucial metric for assessing the debtor’s ability to meet payment obligations:

https://en.wikipedia.org/wiki/Debt_service

Here, the “debtor” is obviously Piermont.

What you will notice about OSC’s “Debt Service Payments Over Time” graph, is that Piermont’s debt service consistently averaged around half a million dollars per year since 2013. Most of that debt service was payment of principal each year:

Bruce Tucker became Mayor of Piermont in 2018.

Bruce Tucker’s lackey, in the form of rubber-stamp sycophant Trustee Michael Wright, joined Tucker on the Village of Piermont Board of Trustees in 2022:

Then, after ten years of relative debt service stability, Piermont’s debt service suddenly shot up to US$1,300,000 in 2023 – to almost triple of what it was in each of the ten immediately prior years graphed above - and to twenty percent of Piermont's total revenues!

Similarly astounding is how the Village of Piermont's total expenditures, after a decade of relative stability and predictability, shot up from US$6,200,000 in 2022, to US$7,900,000 in 2023 - a sudden spending increase of US$1,700,000.

Based upon the timeline, we can call this “The Michael Wright Effect”. Michael Wright OWNS it – and Michael Wright will continue to own it even after he is summarily kicked out of office by the Piermont electorate in the upcoming Tuesday June 24, 2025 Village of Piermont Democratic primary.

When you view these NYS Comptroller materials, please recall that this is the selfsame Michael Wright-Bruce Tucker regime which assured us of Piermont affluence because of a US$3,200,000 “Unassigned Fund Balance” – which OSC later opined was the product of improper accounting:
https://unhandpiermont.blogspot.com/2025/05/piermont-mayor-bruce-tuckers-us367938.html
https://unhandpiermont.blogspot.com/2025/05/piermont-mayor-conceals-comptroller.html
https://unhandpiermont.blogspot.com/2025/05/piermont-mayor-bruce-tucker-in-stew.html

Of course, those Village Hall bleatings were of whole cloth, just as they always are. We know the truth. The numbers don’t lie. In fact, in one of his rare lucid moments in 2024, Garmento Mayor Bruce Tucker instead confessed that “It all hit at once”:

https://unhandpiermont.blogspot.com/2024/08/bruce-tuckers-house-of-cards-crashing.html

So - you can now view the Wright-Tucker “At Once” on the New York State Comptroller’s graph, and see how Piermont’s debt service suddenly near-tripled in 2023. Your debt. Your money:

What you can also view, are the Piermont yearly financials that show how the Michael Wright-Bruce Tucker regime brought Piermont to what by now must be almost ten million dollars retrograde in Net Position. You can track the retrogression here:
https://unhandpiermont.blogspot.com/2025/01/garmento-mayor-bruce-tucker-drops.html
https://unhandpiermont.blogspot.com/2024/07/he-spent-it.html
https://unhandpiermont.blogspot.com/2025/05/piermont-mayor-bruce-tucker-in-stew.html
https://unhandpiermont.blogspot.com/2024/07/hello-elmira.html

What you can also view, in-person, is the crumbling Piermont Pier tip that the Michael Wright-Bruce Tucker regime is too broke to pay for to replace or fix – the reason why the Wright-Tucker regime started begging ordinary citizens to pitch in for it with their own money:
https://unhandpiermont.blogspot.com/2024/11/bruce-tucker-of-whole-cloth.html
https://unhandpiermont.blogspot.com/2024/11/a-crumbling-piermont-pier-courtesy.html

You can also view how the Wright-Tucker regime’s associated non-profit begged residents for US$10,000 for Christmas lights last winter, instead of just cutting a check to pay for them:
https://unhandpiermont.blogspot.com/2024/12/hoisted-by-his-own-petard.html

And you can also view the coverage of how the Office of the New York State Comptroller sent its auditors into the greasy books and records of the unsavory Michael Wright-Bruce Tucker Piermont regime, at least in part because of Village Hall’s strategic failure to timely file financials for inclusion in the OSC Fiscal Stress Monitoring System for at least seven years straight:
https://unhandpiermont.blogspot.com/2024/11/newsflash-office-of-new-york-state.html
https://unhandpiermont.blogspot.com/2024/07/that-time-when-bruce-tucker-sandbagged.html
https://unhandpiermont.blogspot.com/2024/11/vacuuming-bruce-tuckers-detritus.html

Make Michael Wright own the Michael Wright Effect permanently, as his send-off.

Make sure that you vote Piermont Village DisTrustee Michael Wright out of office on Tuesday, June 24, 2025.

The New York State Comptroller charts, graphs, and documents corresponding to Piermont's 2023 activity, follow below. Thereafter, you can view a full chronology from 2013 to 2023: