MISI Score
25.0
Watch
Project NC / Chowan County
BOTH · Chowan CountyDistressedPWSID NC0421010
MISI Score
25.0
Watch
Score Confidence
0.9%
Peer Percentile
43.6th
As of
Apr 23, 2026
EXPLANATION
MARKET INTERPRETATION
Edenton is a smaller community water system, serving approximately 5,500 residents. At the latest reading, Munimetric flags the system as showing early but meaningful signs of structural stress.
The score is being driven mainly by Capex Pressure, with Operational Stress adding further pressure. The pressure is distributed rather than concentrated in a single dimension.
6 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 44th percentile on measured stress, placing it near the middle of the peer group on measured stress.
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 |
|---|---|---|---|---|
| 13 | 12 | 15 | 14 | 11 |
ACTIVE SIGNALS
Repeated or serious compliance failures often indicate rising operational and infrastructure stress.
Score impact: 6.0 · Family: Operational Stress
Weak unrestricted liquidity reduces the utility's ability to absorb rate, capex, or operating shocks.
Score impact: 2.0 · Family: Revenue Fragility
Parent-government debt, pension, or operating stress can constrain infrastructure support and governance flexibility.
Score impact: 2.0 · Family: Governance Risk
Active drought conditions stress source-water availability and treatment operations.
Score impact: 2.0 · Family: Operational Stress
Lead and copper exceedances and replacement obligations can drive near-term treatment and capital pressure.
Score impact: 5.0 · Family: Capex Pressure
PFAS detections can force expensive treatment retrofits and accelerate capital plans.
Score impact: 8.0 · Family: Capex Pressure
HISTORY
Latest
25.0
Trend
+19.0
Observations
22
NC TREASURER FBA
Days Cash on Hand
161
Days Cash As Of
Jun 30, 2024
Population Served
5,500