MISI Score
32.0
Watch
Project NC / Watauga County
BOTH · Watauga CountyPWSID NC0195010
MISI Score
32.0
Watch
Score Confidence
0.9%
Peer Percentile
72.9th
As of
Apr 23, 2026
EXPLANATION
MARKET INTERPRETATION
As a community water provider for roughly 19,811 residents, Boone falls into the smaller tier of scored systems. At the latest reading, Munimetric flags the system as showing early but meaningful signs of structural stress.
The score is being driven mainly by Operational Stress, which is running high in the model, with Capex Pressure adding further pressure. In other words, Operational Stress is doing most of the heavy lifting in the headline score.
6 active stress signals are attached to this system, including 2 at high severity. That signal mix points to a system where several warning indicators are firing at once, not just one extreme outlier.
Within its peer cohort, this system ranks around the 73rd percentile on measured stress, placing it above most of its peers on measured stress, though not yet in the most extreme tier.
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
SL 2020-79
| 2024 | 2023 | 2022 | 2021 | 2019 |
|---|---|---|---|---|
| 2 | 1 | 1 | 5 | 1 |
ACTIVE SIGNALS
Active drought conditions stress source-water availability and treatment operations.
Score impact: 4.0 · Family: Operational Stress
Repeated or serious compliance failures often indicate rising operational and infrastructure stress.
Score impact: 6.0 · Family: Operational Stress
Parent-government debt, pension, or operating stress can constrain infrastructure support and governance flexibility.
Score impact: 7.0 · Family: Governance Risk
Elevated drought and flood exposure raises outage, source-water, and infrastructure reliability stress.
Score impact: 4.0 · Family: Operational Stress
Lead and copper exceedances and replacement obligations can drive near-term treatment and capital pressure.
Score impact: 8.0 · Family: Capex Pressure
PFAS detections can force expensive treatment retrofits and accelerate capital plans.
Score impact: 3.0 · Family: Capex Pressure
HISTORY
Latest
32.0
Trend
+28.0
Observations
30
NC TREASURER FBA
Days Cash on Hand
701
Days Cash As Of
Jun 30, 2024
Population Served
19,811