Rhode Island budget director Rosemary Booth Gallogly will leave her post to become acting director of the departments of administration and revenue, pending Senate confirmation, Gov. Donald Carcieri announced Tuesday.

Gallogly will replace Gary Sasse who announced his resignation from the posts last week, effective March 1. Carcieri picked deputy budget director Thomas Mullaney to fill Gallogly’s shoes as acting budget director, pending confirmation.

“During her tenure as budget officer, and throughout her distinguished career, Rosemary has consistently brought common sense principles, predictability, and transparency and to the state’s budgeting process,” Carcieri said in a press release. “Her efforts have resulted in a continued strong credit rating and positive cash-flow management, despite challenging economic times.”

Gallogly has served as budget director since 2001 and has worked in the state budget office since 1980. She serves on the State Retirement Board and the state’s Tobacco Settlement Financing Corp. and was president of the National Association of State Budget Officers in 2004-2005. Gallogly earned her bachelor’s degree and MBA from the University of Rhode Island in 1980 and 1985, respectively.

The budget director oversees the development of operating and capital budgets and is involved in state bond transactions.

Mullaney has worked in the state budget office since 1996 and previously served as chief of budget and finance for the Rhode Island department of health. He earned his bachelors in finance and MBA from Providence College in 1983 and 1986, respectively.

Gallogly and Mullaney face challenges as the state deals with the second-highest unemployment rate in the nation, after Michigan. Unemployment in Rhode Island hit 12.9% in December, according to federal statistics. In January, the state’s year-to-date personal income tax receipts were $11.3 million below forecast at $566.2 million, according to a Revenue Department report released Tuesday. Total general revenue came in close to estimates, 0.4% above the year-to-date forecast at $1.51 billion.

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