Olympic Regional Development Authority
skip breadcrumbs| All amounts are in dollars |
| Category | Available 2007-08 |
Appropriations Recommended 2008-09 |
Change From 2007-08 |
Reappropriations Recommended 2008-09 |
|---|---|---|---|---|
| State Operations | 8,626,000 | 9,026,000 | 400,000 | 0 |
| Capital Projects | 0 | 0 | 0 | 5,500,000 |
| Total | 8,626,000 | 9,026,000 | 400,000 | 5,500,000 |
Note: Most recent estimates as of 01/22/08.
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 2008-09 Executive Budget recommends $8.6 million for the Olympic Regional Development Authority, which is approximately 26 percent of its $32.7 million operating budget. This is an increase of $400,000 from the 2007-08 budget. This net change primarily reflects increases in health care and retirement costs. State funding supplements $22.8 million in revenue generated from venue marketing, fees and ticket sales to athletic and other special events; $876,354 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 203, an increase of 3 from the 2007-08 budget, and employs up to 1,115 full- and part-time hourly workers, depending on the season.
2008-09 Executive Budget — Agency Presentation
Olympic Regional Development Authority (PDF)