ORDA Funding

[Deez]

"ORDA signed a contract to send $4.6 million to FISU, the Switzerland-based organization that conducts winter and summer competitions for college athletes every two years in a different city. Those nonrefundable fees opened the financial alliance New York formed with FISU. More will be paid in revenue sharing deals that should be worth millions to the group as the organizing committee finds marketing and advertising partners."

Wow - that's my NYS tax dollars "hard" at work.

 

[tirolski]

The Mann's wrote a piece on ORDA’s funding for Adirondack Life.

Billion-Dollar Bet: New York's Risky Investment in Lake Placid's Olympic Dream - Adirondack Life Magazine

The glossy new corporate headquarters is a tiny piece of the rags-to-riches makeover. There are now heated sidewalks outside the Olympic Center in Lake Placid, new ski lodges, new temperature-controlled gondolas, new fleets of snow groomers and an arsenal of new state-of-the-art snow guns.

www.adirondacklife.com

Brian Mann was “interviewed" by PBS. He works for NPR.
Cut to 14:14 for the show.

New York NOW | Legislative Session End, Olympic Investment, Poem Renovation | Season 2023 | Episode 23 | PBS

Legislative session wrap-up, news analysis, and regional impact of Olympics funding.

www.pbs.org

 

[Campgottagopee]

Cut to 14:14 for the show.

WOW! More like a scam.

 

[Harvey]

I don't want to be in the room when Laz sees that vid.

Cue X 3, 2, 1...

 

[Campgottagopee]

I don't want to be in the room when Laz sees that vid.

Cue X 3, 2, 1...

You don't have to even be in the ski biz to be pissed! Total misguided use of taxpayer dollars, and zero people held accountable. Nothing to see here, right?

 

[tirolski]

You don't have to even be in the ski biz to be pissed! Total misguided use of taxpayer dollars, and zero people held accountable. Nothing to see here, right?

They pi$$ it all away in The Hudson River watershed too.
But the shiny new incoming anchor attraction zipcoasterthingy

 

[Campgottagopee]

Might have something to do with board members owning property/biz around town, too. It's a sham.

 

[tirolski]

Might have something to do with board members owning property/biz around town, too. It's a sham.

Olympics and sham ya say.

Paris Olympic headquarters searched as part of corruption investigations

The headquarters of the Paris 2024 Olympics organising committee and those of its infrastructure partner were searched by police on Tuesday as part of investigations into alleged embezzlement of public funds and favouritism, prosecutors said.

www.reuters.com

Why can’t we all have nice things?

 

[tirolski]

ORDA’s board is having a meeting June 23rd.
Here’s the agenda.

Proposed Resolution #506 is a dang doozy.

 

[SayvilleSteve]

Wow - that's my NYS tax dollars "hard" at work.

The total NYS budget for 2024 is $229 billion (source)
ORDAs budget is $105 million (cited earlier).
A single filer making $100,000 per year, with no deductions pays about $5,200 in NY State taxes.
Since ORDA's budget is 0.046% of the overall budget, that strawman is paying $2.39 toward ORDA.
If you're really that bent out of shape, return a few bottles for the nickel deposit.