MADISON, Wis. (AP) — Republican Gov. Scott Walker is set to sign the state budget at a valve manufacturing company in Waukesha.

The governor is expected to sign the two-year, $73 billion spending plan late Sunday afternoon at Valveworks USA, a valve and wellhead component manufacturer.

Walker has said he wanted to finish work on the state budget before announcing a run for the 2016 Republican presidential nomination. He plans to officially announce his candidacy on Monday evening in Waukesha.

(© Copyright 2015 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)