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Cuomo's budget includes $105 million for Olympic Regional Development Authority

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That amount includes $92.5 million for a strategic upgrade and modernization plan to support improvements to the Olympic facilities and ski resorts in and around Lake Placid with a focus on preparing for the 2023 World University Games.

At the Games, an international sports and cultural event held every two years, more than 2,400 student-athletes compete in winter sports including alpine, freestyle and cross-country skiing, biathlon, speed skating, curling, figure skating, hockey, short-track speed skating and snowboarding.

“These events will attract thousands of visitors and contribute to Lake Placid’s destination as a world class destination,” said the executive budget briefing book.

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