MISI Score
4.0
Stable
Project NC / Iredell County
Love Valley
WW · Iredell CountyDistressedPWSID NC0149035
Score Confidence
0.7%
Peer Percentile
37.5th
As of
Sep 10, 2026
EXPLANATION
Score Drivers
- MISI score is 3.956 (Stable).
- Climate Hazard Exposure adds 1.978 points. Operational climate hazard exposure contributes +6: FEMA NRI composite score is 80.7900. variance weighting adjusted headline contribution from 6 to 5.398. concentration guardrail adjusted headline contribution from 5.398 to 1.978.
- Current Drought Severity adds 1.978 points. Current drought severity contributes +2: USDM severity index is 0.1596 as of 2026-09-01. variance weighting adjusted headline contribution from 2 to 1.978.
- Missing or unresolved factors: Infrastructure Capital Gap, Lead & Copper Rule Risk, PFAS Contamination Risk.
MARKET INTERPRETATION
What the data suggests
Love Valley operates a community water system tracked in the Munimetric coverage set. 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 38th percentile on measured stress, placing it below typical peer-group stress levels.
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 | 11 | 11 | 0 |
ACTIVE SIGNALS
2 Signals
Climate Hazard Exposure
Elevated drought and flood exposure raises outage, source-water, and infrastructure reliability 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
111
NC TREASURER FBA
Financial Benchmarks
Population167
General Fund Expenditure$69K
Fund Balance Available$260K
Fund Balance %376.5%
Cash & Investments$291K
Assessed Valuation$13.6M
Tax Rate0.3
Effective Tax Rate0.2
Tax Collection %89.7%
Amount Uncollected$4K
Days Cash on Hand
520
Days Cash As Of
Jun 30, 2024