MISI Score
14.0
Stable
Project NC / Orange County
BOTH · Orange CountyPWSID NC0368015
MISI Score
14.0
Stable
Score Confidence
0.9%
Peer Percentile
10.0th
As of
Apr 23, 2026
EXPLANATION
MARKET INTERPRETATION
As a community water provider for roughly 14,006 residents, Hillsborough falls into the smaller tier of scored systems. At the latest reading, the system shows limited signs of structural stress.
The score is being driven mainly by Operational Stress, with Revenue Fragility contributing at a lower level. The pressure is distributed rather than concentrated in a single dimension.
3 active stress signals are attached to this system, including 2 at high severity. Multiple high-severity signals suggest the score is not being lifted by background noise alone.
Within its peer cohort, this system ranks around the 10th 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
SL 2020-79
| 2024 | 2023 | 2022 | 2021 | 2019 |
|---|---|---|---|---|
| 3 | 2 | 4 | 4 | 3 |
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
High-AGI outmigration erodes the rate base and compresses affordability headroom.
Score impact: 4.0 · Family: Revenue Fragility
HISTORY
Latest
14.0
Trend
+10.0
Observations
22
NC TREASURER FBA
Days Cash on Hand
753
Days Cash As Of
Jun 30, 2024
Population Served
14,006