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T JORDAN Ñ The East Jordan City Commission received its audit report for year ending June 30, 2006, presented by Certified Public Accountant, Douglas Wohlberg. Overall, the city experienced a slight 1.8 percent increase of total net assets with a total of just over $9 million. The city also experienced an increase in its General Fund balance. This year the general fund increased by 6.7 percent to reach a balance of $236,139. One fund that caused significant trouble for the city, and which has increasingly become a problem over the past five years, was the Harbor Marina Fund. "This is a tough fund because the state sets the rate you can charge the boaters in your marina,Ó said Wohlberg. "In 2006, you had a substantial loss of $101,000. A large chunk of that was in supplies and that includes gasoline; gasoline prices went up the past two summers. "Make sure that your gasoline rates are where they need to be,Ó Wohlberg advised. Despite the bad year for the harbor marina fund, Wohlberg said the city has done a good job budgeting the general fund and seems to have a clear understanding of the revenues it expects to receive over the course of a year.