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

AGENCY SUMMARY
  Hudson River Park Fund           13,000,000                 0        (13,000,000)  -100.00%
  Capital Projects Fund -     
    Advances                       52,000,000        20,000,000        (32,000,000)   -61.54%
  Total for AGENCY SUMMARY:        65,000,000        20,000,000        (45,000,000)   -69.23%


CAPITAL PROJECTS
  Hudson River Park Fund           13,000,000                 0        (13,000,000)  -100.00%
  Capital Projects Fund -     
    Advances                       52,000,000         20,000,000       (32,000,000)   -61.54%
  Total for CAPITAL PROJECTS:      65,000,000         20,000,000       (45,000,000)   -69.23%

Regional Development
  Hudson River Park Fund           13,000,000                  0       (13,000,000)  -100.00%
  Capital Projects Fund -     
    Advances                       52,000,000         20,000,000       (32,000,000)   -61.54%
  Total for Program:               65,000,000         20,000,000       (45,000,000)   -69.23%



                                                                                                                                                


                          Budget Highlights
                   (Executive Budget: pp.149-150)

The Hudson River Park Trust was created by Chapter 592 of the Laws of 1998, 
which provided for the creation of the Hudson River Park along Manhattanžs West 
Side.  The Trust is responsible for the design, development and maintenance
of the Park and is governed by a 13 member board.

The Trust is included in the Health, Mental Hygiene and Environmental 
Conservation appropriation bill.

Capital Projects

The Governor proposes a $45,000,000 decrease in total funding for the Hudson 
River Park Trust Fund from SFY 2000-01 levels.  This results from a $13,000,000 
reduction in state support for park operations that will be supported in SFY
2001-02 by revenue generated from pier development activities.  The Executive 
reduces Capital Projects Fund Advances to reflect the State's one time advance 
appropriation for New York City's share of the construction costs of the Hudson
River Park.

In addition, the Governor proposes the allocation of $20,000,000 from the 
Environmental Protection Fund (EPF), which is appropriated within the budget for 
the Department of Environmental Conservation. This funding would represent a
portion of the State share of costs associated with the Park.