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March 28, 2013

Comptroller criticizes ORDA over deficit

(Continued)

LAKE PLACID —

The regional import indicates a reason for renewed focus from the state.

“These factors underscore the need to ensure that ORDA’s operations, along with its use of financial assistance from the state and other entities, are efficient and effective,” the newly published document said.

OWNED BY STATE

The state owns and is in charge of managing all of the ORDA facilities, including two Olympic Centers (from the 1932 and 1980 Winter Olympics); the Olympic Museum; the bobsled, luge and skeleton track at Mount Van Hoevenberg; a ski jumping and training complex in Lake Placid; and Gore, Whiteface and Belleayre Mountain ski centers.

DiNapoli said in the report that ORDA’s assumption of operations at Belleayre prompted this initial review.

Belleayre operations were added to ORDA’s facilities list this fiscal year.

“This comes at a time when (ORDA) continues to rely on financial assistance from New York state, state public authorities and the Town of North Elba, as well as a line of credit, to meet its spending needs,” the report said.

Email Kim Smith Dedam: kdedam@pressrepublican.com

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