Olympic Regional Development Authority

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ALL FUNDS APPROPRIATIONS
All amounts are in dollars
Category Available
2008-09
Appropriations
Recommended
2009-10
Change From
2008-09
Reappropriations
Recommended
2009-10
State Operations 9,026,000 8,226,000 -800,000 0
Capital Projects 0 0 0 4,325,000
Total 9,026,000 8,226,000 -800,000 4,325,000

Note: Most recent estimates as of 12/16/08.

Mission

In 1980, Lake Placid and the surrounding areas were host to the Winter Olympic Games. The following year, the Olympic Regional Development Authority was established to create and administer a post-Olympic program for the Lake Placid facilities. These facilities include: the Olympic Ice Center; the Olympic Speedskating Oval; the Whiteface Mountain Ski Area and Veterans’ Memorial Highway; the Mt. Van Hoevenberg Complex that includes bobsled and luge runs, cross-country ski trails and a biathlon range; the Olympic Ski Jumping Complex; and the U.S. Olympic Training Center. In 1984, the Olympic Regional Development Authority’s responsibility expanded to include the management of the Gore Mountain Ski Center in North Creek, Warren County.

Budget Highlights

The 2009-10 Executive Budget recommends $7.8 million for the Olympic Regional Development Authority, which is approximately 21 percent of its $36.4 million operating budget. This is a decrease of $800,000 from the 2008-09 Budget. This net change primarily reflects increases in revenues generated at the ski facilities and other Olympic venues as well as enhanced operational efficiencies. State funding supplements $27.3 million in revenue generated from venue marketing, fees and ticket sales to athletic and other special events; over $900,000 from the Town of North Elba; $200,000 from the Winter Sports Education Trust Fund; and $200,000 from the Olympic Training Center Account.

The Authority has a workforce of 200, a decrease of 3 from the 2008-09 Budget, and employs up to 1,115 full- and part-time hourly workers, depending on the season.

2009-10 Executive Budget — Agency Presentation
Olympic Regional Development Authority (PDF)