Project NC / Martin County

Everetts

BOTH · Martin CountyDistressedPWSID NC0459114

MISI Score

13.5

Stable

Score Confidence

0.8%

Peer Percentile

10.7th

As of

Jun 2, 2026

EXPLANATION

Score Drivers

  • MISI score is 13.476 (Stable).
  • Compliance Escalation adds 5.929 points. Operational compliance contributes +6: 11 violations or enforcement actions have been recorded within the last three years. variance weighting adjusted headline contribution from 6.000000 to 5.929.
  • Current Drought Severity adds 3.957 points. Current drought severity contributes +4: USDM severity index is 0.5000 as of 2026-05-26. variance weighting adjusted headline contribution from 4 to 3.957.
  • Monitoring / Reporting Failures adds 3.590 points. Monitoring/reporting contributes +4: 16 monitoring-related violations are on record. variance weighting adjusted headline contribution from 4.000000 to 3.590.
  • Missing or unresolved factors: Infrastructure Capital Gap, PFAS Contamination Risk, Parent-Government Fiscal Stress.

MARKET INTERPRETATION

What the data suggests

Everetts is a smaller community water system, serving approximately 419 residents. At the latest reading, the system shows limited signs of structural stress.

The score is being driven mainly by Operational Stress, which is running high in the model, with Capex Pressure contributing at a lower level. In other words, Operational Stress is doing most of the heavy lifting in the headline score.

3 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 11th percentile on measured stress, placing it among the least stressed in its peer group.

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 Stress13.5 / 20.0
Capex Pressure0.0 / 20.0
Revenue Fragility0.0 / 20.0
Rate Constraint0.0 / 20.0
Governance Risk0.0 / 20.0

SL 2020-79

SWIA Assessment History

20242023202220212019
1338412

ACTIVE SIGNALS

3 Signals

MaterialactiveApr 3, 2026

Compliance Escalation

Repeated or serious compliance failures often indicate rising operational and infrastructure stress.

Score impact: 5.9 · Family: Operational Stress

SignificantactiveApr 7, 2026

Current Drought Severity

Active drought conditions stress source-water availability and treatment operations.

Score impact: 4.0 · Family: Operational Stress

MaterialactiveApr 3, 2026

Monitoring / Reporting Failures

Recurring monitoring or reporting failures often signal weak administrative capacity or deteriorating operational discipline.

Score impact: 3.6 · Family: Operational Stress

HISTORY

Score Trend

Latest

13.5

Trend

+13.5

Observations

48

Apr 1, 2026 · 0.0Apr 2, 2026 · 6.0Apr 2, 2026 · 6.0Apr 3, 2026 · 20.0Apr 3, 2026 · 14.0Apr 4, 2026 · 14.0Apr 5, 2026 · 14.0Apr 5, 2026 · 14.0Apr 6, 2026 · 18.0Apr 7, 2026 · 18.0Apr 8, 2026 · 14.0Apr 9, 2026 · 14.0Apr 10, 2026 · 14.0Apr 13, 2026 · 14.0Apr 14, 2026 · 14.0Apr 18, 2026 · 14.0Apr 19, 2026 · 14.0Apr 21, 2026 · 14.0Apr 22, 2026 · 14.0Apr 23, 2026 · 14.0Apr 24, 2026 · 14.0Apr 25, 2026 · 14.0Apr 26, 2026 · 13.5Apr 26, 2026 · 14.0Apr 27, 2026 · 13.5Apr 28, 2026 · 13.5Apr 29, 2026 · 13.5Apr 30, 2026 · 13.5May 1, 2026 · 13.5May 2, 2026 · 13.5May 3, 2026 · 13.5May 4, 2026 · 13.5May 5, 2026 · 13.5May 6, 2026 · 13.5May 7, 2026 · 13.5May 8, 2026 · 13.5May 9, 2026 · 13.5May 10, 2026 · 13.5May 17, 2026 · 13.5May 19, 2026 · 13.5May 21, 2026 · 13.5May 22, 2026 · 13.5May 24, 2026 · 13.5May 26, 2026 · 13.5May 28, 2026 · 13.5May 31, 2026 · 13.5Jun 1, 2026 · 13.5Jun 2, 2026 · 13.5Apr 1, 2026Jun 2, 2026

Days Cash on Hand

0

Days Cash As Of

Jun 30, 2023

Population Served

419