Supplement to
Fidelity's New York
Municipal Funds March 26, 2001
Prospectus

<R>The following information replaces the information for Spartan New York Municipal Income Fund found under the heading "Fundamental Investment Policies" in the "Investment Details" section on page 14.</R>

<R></R>Spartan New York Municipal Income Fund seeks a high level of current income, exempt from federal and New York State and City income taxes. The fund normally invests at least 80% of its assets in municipal securities whose interest is exempt from federal and New York State and City personal income taxes.

NYS-01-04 September 29, 2001
1.475779.109