MISI Score
13.0
Stable
Project NC / Montgomery County
Biscoe
BOTH · Montgomery CountyPWSID NC0362035
Score Confidence
0.9%
Peer Percentile
26.3th
As of
Sep 10, 2026
EXPLANATION
Score Drivers
- MISI score is 13.018 (Stable).
- Compliance Escalation adds 6.509 points. Operational compliance contributes +12: 24 violations or enforcement actions have been recorded within the last three years. variance weighting adjusted headline contribution from 12.000000 to 11.858. concentration guardrail adjusted headline contribution from 11.858 to 6.509.
- Population Served Decline adds 2.732 points. Population trend contributes +3: five-year population change is -4.568472%. variance weighting adjusted headline contribution from 3 to 2.732.
- Current Drought Severity adds 1.978 points. Current drought severity contributes +2: USDM severity index is 0.2500 as of 2026-09-01. variance weighting adjusted headline contribution from 2 to 1.978.
- Climate Hazard Exposure adds 1.799 points. Operational climate hazard exposure contributes +2: FEMA NRI composite score is 48.9500. variance weighting adjusted headline contribution from 2 to 1.799.
- Missing or unresolved factors: Infrastructure Capital Gap, PFAS Contamination Risk, Project Status Staleness.
MARKET INTERPRETATION
What the data suggests
Biscoe is a smaller community water system, serving approximately 2,735 residents. At the latest reading, the system shows limited signs of structural stress.
The score is being driven mainly by Operational Stress, with Revenue Fragility contributing at a lower level. The pressure is distributed rather than concentrated in a single dimension.
4 active stress signals are attached to this system, including one at high severity. The breadth of active signals, even without concentrated high severity, suggests pressure across more than one dimension.
Within its peer cohort, this system ranks around the 26th percentile on measured stress, placing it below typical peer-group stress levels.
Recent score history has been relatively steady, consistent with the system's overall profile.
This summary is based on structured, source-backed public data and is intended for research and monitoring only. It is not investment advice, a credit opinion, or municipal advisory guidance.
SCORE STACK
Family Contributions
Operational Stress10.3 / 20.0
Capex Pressure0.0 / 20.0
Revenue Fragility2.7 / 20.0
Rate Constraint0.0 / 20.0
Governance Risk0.0 / 20.0
SL 2020-79
SWIA Assessment History
| 2024 | 2023 | 2022 | 2021 | 2019 |
|---|---|---|---|---|
| 8 | 6 | 5 | 5 | 4 |
ACTIVE SIGNALS
4 Signals
Current Drought Severity
Active drought conditions stress source-water availability and treatment operations.
Score impact: 2.0 · Family: Operational Stress
Population Served Decline
A shrinking served population weakens the customer base and raises infrastructure cost per customer.
Score impact: 2.7 · Family: Revenue Fragility
Compliance Escalation
Repeated or serious compliance failures often indicate rising operational and infrastructure stress.
Score impact: 6.5 · Family: Operational Stress
Climate Hazard Exposure
Elevated drought and flood exposure raises outage, source-water, and infrastructure reliability stress.
Score impact: 1.8 · Family: Operational Stress
HISTORY
Score Trend
Latest
13.0
Trend
+13.0
Observations
111
NC TREASURER FBA
Financial Benchmarks
Population1,857
General Fund Expenditure$2.7M
Fund Balance Available$2.7M
Fund Balance %99.5%
Cash & Investments$3.6M
Assessed Valuation$190.4M
Tax Rate0.6
Effective Tax Rate0.4
Tax Collection %97.9%
Amount Uncollected$23K
Days Cash on Hand
183
Days Cash As Of
Jun 30, 2024
Population Served
2,735