Coordinated flights of two calibrated airborne imaging spectrometers, HYDICE and AVIRIS, were conducted on June 22, 1995 over Lake Tahoe. As part of HYDICE's first operational mission, one objective was to test the system performance over the dark homogeneous target provided by the clear deep waters of the lake. The high altitude and clear atmosphere makes Lake Tahoe a simpler test target than near-shore marine environments, where large aerosols complicate atmospheric correction and sediment runoff and high chlorophyll levels make interpretation of he data difficult. Calibrated data from both runoff and high chlorophyll levels make interpretation of the data difficult. Calibrated data from both sensors was provided in physical units of radiance. The atmospheric radiative transfer code, MODTRAN was used to remove the path radiance between the ground and sensor and the skylight reflected from the water surface. The resulting water-leaving spectrometer, and with values calculated form in-water properties using the HYDROLIGHT radiative transfer code. The agreement of the water-leaving radiance for the HYDICE data, the ground-truth spectral measurements, and the results of the radiative transfer code are excellent for wavelengths greater than 0.45 micrometers . The AVIRIS flight took place more than an hour closer to noon, which makes the radiance measurements not directly comparable. Comparisons to radiative transfer output for this later time indicate that the AVIRIS data is strongly by sun glint. Because water-leaving radiance is dependent upon the characteristics of the water, it can be analyzed for some of those properties. Using the CZCS algorithm based on the water-leaving radiance at two wavelengths, the chlorophyll content of Lake Tahoe was computed from the HYDICE and ground-truth data. Resulting values are slightly higher than measurements made two weeks earlier from water samples, indicating a growth in the phytoplankton population which is very plausible given the intervening atmospheric conditions. The success in determining water-leaving radiance and interpreting it for pigment concentration are very positive results for this early HYDICE flight. The interpretations made so far do not make use of the full spectral content of the data, so much room for advancement remains.