DALLAS — New Orleans Mayor Mitch Landrieu rolled out a $483 million operating budget for 2011 on Thursday that he said would pay for essential city services while setting strict spending limits.

“The city needs to get back to basics and to fix the broken budget process once and for all,” Landrieu said. “We will stop the overspending and, for the first time in over 30 years, we will create a city budget that all city government will live by.”

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