MISI Score
28.0
Watch
Project NC / Pitt/Lenoir County
BOTH · Pitt/Lenoir CountyDistressedPWSID NC0474035
MISI Score
28.0
Watch
Score Confidence
0.9%
Peer Percentile
85.7th
As of
Apr 23, 2026
EXPLANATION
MARKET INTERPRETATION
Grifton is a smaller community water system, serving approximately 2,982 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, which is running high in the model, with Operational Stress adding further pressure. In other words, Capex Pressure is doing most of the heavy lifting in the headline score.
5 active stress signals are attached to this system, including 3 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 86th percentile on measured stress, placing it among the more stressed systems 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
SL 2020-79
| 2024 | 2023 | 2022 | 2021 | 2019 |
|---|---|---|---|---|
| 7 | 7 | 9 | 5 | 11 |
ACTIVE SIGNALS
Elevated drought and flood exposure raises outage, source-water, and infrastructure reliability stress.
Score impact: 6.0 · Family: Operational Stress
Active drought conditions stress source-water availability and treatment operations.
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: 6.0 · Family: Capex Pressure
High-AGI outmigration erodes the rate base and compresses affordability headroom.
Score impact: 4.0 · Family: Revenue Fragility
HISTORY
Latest
28.0
Trend
+28.0
Observations
20
NC TREASURER FBA
Days Cash on Hand
184
Days Cash As Of
Jun 30, 2024
Population Served
2,982