State election officials confirmed last week that voters on Nov. 2 narrowly approved Initiative 601, a measure that beginning in fiscal 1996 will limit annual increases in state general fund expenditures.

The spending-limitation initiative won with 774,342 votes, or 51.2% in favor, and 737,735 votes, or 48.8%, opposed, said David Brine, public information officer for the secretary of state's office.

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