MISI Score
30.0
Watch
Project NC / Rowan/Cabarrus County
BOTH · Rowan/Cabarrus CountyPWSID NC0180065
MISI Score
30.0
Watch
Score Confidence
1.0%
Peer Percentile
54.0th
As of
Apr 23, 2026
EXPLANATION
MARKET INTERPRETATION
Kannapolis's drinking-water system serves about 54,757 residents, making it a mid-size system within the coverage universe. 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 at the top of its range 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 2 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 54th 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 |
|---|---|---|---|---|
| 3 | 2 | 1 | 2 | 2 |
ACTIVE SIGNALS
Large structural capital need relative to local support capacity often precedes major rate or funding pressure.
Score impact: 8.0 · Family: Capex Pressure
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
HISTORY
Latest
30.0
Trend
+30.0
Observations
22
NC TREASURER FBA
Days Cash on Hand
227
Days Cash As Of
Jun 30, 2024
Population Served
54,757