Texas lawmakers signed off Saturday on a $338 billion two-year spending plan that directs billions toward hiking teacher pay, cutting property taxes and shoring up the state’s water infrastructure, after House and Senate budget writers ironed out their differences and won approval from both chambers on their final draft.

The budget now heads to Comptroller Glenn Hegar, who is expected to verify there is enough revenue to cover the Legislature’s planned spending — the last step before the 1,056-page bill reaches Gov. Greg Abbott’s desk.

The spending plan doles out the money to run the state’s business for the next two years, from September through the end of August 2027. It includes the underlying funding for some of the biggest bills passed this session, much of it paid for with general

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