MISI Score
32.0
Watch
Project NC / Scotland County
BOTH · Scotland CountyPWSID NC0383010
MISI Score
32.0
Watch
Score Confidence
1.0%
Peer Percentile
71.1th
As of
Apr 23, 2026
EXPLANATION
MARKET INTERPRETATION
As a community water provider for roughly 18,288 residents, Laurinburg falls into the smaller tier of scored systems. 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, with Operational Stress adding further pressure. The pressure is distributed rather than concentrated in a single dimension.
6 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 71st percentile on measured stress, placing it above most of its peers on measured stress, though not yet in the most extreme tier.
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 |
|---|---|---|---|---|
| 5 | 6 | 4 | 2 | 3 |
ACTIVE SIGNALS
A shrinking served population weakens the customer base and raises infrastructure cost per customer.
Score impact: 3.0 · Family: Revenue Fragility
Large structural capital need relative to local support capacity often precedes major rate or funding pressure.
Score impact: 12.0 · Family: Capex Pressure
Weak unrestricted liquidity reduces the utility's ability to absorb rate, capex, or operating shocks.
Score impact: 5.0 · Family: Revenue Fragility
Parent-government debt, pension, or operating stress can constrain infrastructure support and governance flexibility.
Score impact: 4.0 · Family: Governance Risk
Elevated drought and flood exposure raises outage, source-water, and infrastructure reliability stress.
Score impact: 4.0 · Family: Operational Stress
Active drought conditions stress source-water availability and treatment operations.
Score impact: 4.0 · Family: Operational Stress
HISTORY
Latest
32.0
Trend
+29.0
Observations
22
NC TREASURER FBA
Days Cash on Hand
36
Days Cash As Of
Jun 30, 2024
Population Served
18,288