2001 Yellow Book
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OLYMPIC REGIONAL DEVELOPMENT AUTHORITY

                               Adjusted    Executive                       
                          Appropriation      Request                 Percent 
                                2000-01      2001-02      Change      Change 

AGENCY SUMMARY
  General Fund                7,552,000    8,004,000     452,000       5.99%
  Special Rev.-Other            150,000      150,000           0       0.00%
  Fiduciary                     200,000      200,000           0       0.00%
  Total for AGENCY SUMMARY:   7,902,000    8,354,000     452,000       5.72%


STATE OPERATIONS
  General Fund                7,552,000    8,004,000     452,000       5.99%
  Special Rev.-Other            150,000      150,000           0       0.00%
  Fiduciary                     200,000      200,000           0       0.00%
  Total for STATE OPERATIONS: 7,902,000    8,354,000     452,000       5.72%

Operations
  General Fund                7,552,000    8,004,000      452,000       5.99%
  Special Rev.-Other            150,000      150,000            0       0.00%
  Fiduciary                     200,000      200,000            0       0.00%
  Total for Program:          7,902,000    8,354,000      452,000       5.72%



                                                                                                                                                


                          BUDGET HIGHLIGHTS
                   (Executive Budget: pp. 241-243)

The Olympic Regional Development Authority (ORDA) was created to administer 
the post-1980 Winter Olympic program for the facilities in Lake Placid and
the region.  In 1984, the Authority's responsibilities expanded to include the
management of Gore Mountain Ski Center in Warren County.  ORDA hosts numerous
national and international athletic and entertainment events.  

The Authority's budget is included in the Transportation, Economic Development
and Environmental Conservation appropriation bill.

ORDA's activities are supported by revenue generated by venue marketing, fees
and ticket sales to athletic and other events, as well as through appropriations
contained in the State Budget.  The Governor's proposed budget includes
$8,004,000 from the General Fund to support 33.5 percent of the Authority's
operating budget.

State Operations

The Governor recommends a General Fund appropriation of $8,004,000, an increase 
of $452,000 over State Fiscal Year (SFY) 2000-01 levels.  
This change reflects the following:

--     $100,000 in additional funding to support costs related to securing future 
       winter olympic games; and
--     $352,000 increase related to increased maintenance and facility costs.

The General Fund appropriation also includes $2,000,000 in a continuation of
base funding from the prior year to support efforts to attract large sporting
events and the costs associated with hosting such events.

ORDA's budget also maintains $200,000 from the Winter Sports Education Trust Fund,
which is used to support winter sports education activities including involvement
with the U.S. Training Center and the New York State Ski Education
Federation, as well as $150,000 from the Olympic Training Center Account.

The Governor continues to provide $1,200,000 in State Operations that was 
originally allocated for close-out costs related to the bobsled and luge track
in SFY 2000-01.  The funding is proposed for maintenance and other costs 
associated with the facility.

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