The city of Willits is facing a moment of financial reckoning. What began as an effort to complete a series of overdue audits has revealed a municipal budget that is teetering on the brink.  According to a report provided by Finance Director Manny Orozco at the city council meeting last week, during the last year the city faced a shortfall of $4.2 million. As of last Wednesday, the general fund has dwindled to just $32,000.