Adjusted     Executive
                             Appropriation       Request               Percent
                                   2001-02       2002-03        Change  Change



AGENCY SUMMARY
  General Fund                   7,552,000     7,552,000            0    0.00%
  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     7,902,000            0    0.00%


STATE OPERATIONS
  General Fund                   7,552,000     7,552,000            0    0.00%
  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     7,902,000            0    0.00%

Operations
  General Fund                   7,552,000     7,552,000            0    0.00%
  Special Rev.-Other               150,000       150,000            0    0.00%
  Fiduciary                        200,000       200,000            0    0.00%
  Total for Program:             7,902,000     7,902,000            0    0.00%


                                                                    
                                                                    
      

                           BUDGET HIGHLIGHTS
                   (Executive Budget: pp. 211-213)

The Olympic Regional Development Authority (ORDA) was created to
administer the post 1980 Winter Olympic program for the facilities in
Lake Placid and the surrounding areas.  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 each year.  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 Authority is included in the Transportation and Economic
Development appropriation bill.

State Operations

The Executive recommends a General Fund appropriation of $7,552,000 in
State Fiscal Year (SFY) 2002-03, reflecting no change from the SFY
2001-02 appropriation.  This General Fund appropriation supports
approximately 30 percent of the Authority's $25,000,000 operating
budget.  This appropriation includes $1,200,000 that was originally
allocated for close out costs related to the bobsled and luge track in
SFY 2000-01.  This funding is proposed for maintenance and other costs
associated with the facility.

ORDA's budget maintains an appropriation of $200,000 from the Winter
Sports Education Trust Fund to support winter sports education
activities, including involvement with the United States Training
Center and the New York State Ski Education Federation.  In addition,
ORDA's budget maintains an appropriation of $150,000 from the Olympic
Training Center Account.