Acting on a city request, Rhode Island officials appointed a five-member budget commission to oversee the finances of 44,000-population Woonsocket, whose school system’s deficit could worsen to $10 million if state lawmakers don’t approve a supplemental tax levy.

Gov. Lincoln Chafee and revenue director Rosemary Booth Gallogly announced the commission late Tuesday, two days after Woonsocket’s City Council voted during a Memorial Day weekend emergency session to request the panel.

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