Long-time Andover Finance Committee member Mary O'Donoghue is running for an open seat on the Board of Selectmen.

Long-time Finance Committee member Mary O’Donoghue is tossing her hat into the Board of Selectmen’s race.

The 57-year-old Realtor becomes the third candidate to take out nomination papers for the seat being vacated by Mary Lyman, who has opted against seeking re-election,

O’Donoghue, of 69 Salem St., took out nomination papers on Monday. She said she has resigned from the Finance Committee to campaign for the post.

“I have the experience and working knowledge of the budget,” said O’Donoghue, who has been on the FinCom, as it’s known, for about 12 years. “As a selectman, I can hit the ground running.”

She added that her 20-plus years as a local Realtor give her a “good knowledge of the town.”

O’Donoghue works for William Raveis Real Estate, formerly Prudential, Doherty & Howe, at 12 Bartlet St.

She and her husband, Geoff, an engineer, moved to the U.S. from Ireland in 1988 and both became American citizens in 1998.

They have two grown children — a daughter who is an engineer with a pharmaceutical company and a son who is a post-doctoral candidate in California.

The key issue in town, she said, is the increasing tax burden.

“The Board of Selectmen, as policy makers, need to weigh in and think about the taxpayers,” she said. “We have to do a better job planning and prioritizing our capital projects.”

She said she resigned from the Finance Committee after deciding to run for selectman because she didn’t want there to be an appearance of conflict of interest.

“I felt it was the right thing to do,” she said.

She added she spoke with a number of people in town about whether to run before pulling nomination papers — which are due back to the town clerk’s office with 50 signatures of registered voters by Feb. 4.

“I have been talking to people,” she said. “I have very good support, which I’m grateful for.”

While declining to identify specific supporters, she said they included a mixture of board members and people involved in the community in other ways.

In addition to O’Donoghue, Jodi Oberto, 46, of 11 Hartford Circle, and Kevin Cuff, 49, of 265 Beacon St., have also pulled nomination papers for the open selectman’s seat.

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