Newscast: Tuesday, July 31, 2012, 7:34 a.m.

For the first time, the state’s Green Mountain Care Board will decide how much hospital budgets should go up each year. The Board has established a cap of 3.75 percent.Burton’s U.S. Open Snowboarding Championships are moving from Vermont to Colorado. The state of Vermont has received approval to apply for help from the Federal Emergency Management Agency for repairs from last year’s flooding. A preliminary report shows New Hampshire ended the latest fiscal year almost $9 million in the red. The state’s fiscal year ended on June 30.