MISI Score
4.0
Stable
Project NC / Martin County
Hamilton
BOTH · Martin CountyDistressedPWSID NC0459025
Score Confidence
0.8%
Peer Percentile
2.4th
As of
Jul 21, 2026
EXPLANATION
Score Drivers
- MISI score is 3.956 (Stable).
- Compliance Escalation adds 1.978 points. Operational compliance contributes +6: 10 violations or enforcement actions have been recorded within the last three years. variance weighting adjusted headline contribution from 6.000000 to 5.929. concentration guardrail adjusted headline contribution from 5.929 to 1.978.
- Current Drought Severity adds 1.978 points. Current drought severity contributes +2: USDM severity index is 0.1068 as of 2026-07-14. variance weighting adjusted headline contribution from 2 to 1.978.
- Missing or unresolved factors: Infrastructure Capital Gap, PFAS Contamination Risk, Parent-Government Fiscal Stress.
MARKET INTERPRETATION
What the data suggests
Hamilton is a smaller community water system, serving approximately 408 residents. At the latest reading, the system shows limited signs of structural stress.
The score is being driven mainly by Operational Stress, with Capex Pressure contributing at a lower level. The pressure is distributed rather than concentrated in a single dimension.
2 active stress signals are attached to this system. The signal activity is present but not concentrated at the highest severity levels.
Within its peer cohort, this system ranks around the 2nd 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 Stress4.0 / 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
| 2024 | 2023 | 2022 | 2021 | 2019 |
|---|---|---|---|---|
| 11 | 7 | 10 | 3 | 9 |
ACTIVE SIGNALS
2 Signals
Compliance Escalation
Repeated or serious compliance failures often indicate rising operational and infrastructure stress.
Score impact: 2.0 · Family: Operational Stress
Current Drought Severity
Active drought conditions stress source-water availability and treatment operations.
Score impact: 2.0 · Family: Operational Stress
HISTORY
Score Trend
Latest
4.0
Trend
+4.0
Observations
79
Days Cash on Hand
1045
Days Cash As Of
Jun 30, 2024
Population Served
408