MISI Score
15.0
Stable
Project NC / Caswell County
BOTH · Caswell CountyDistressedPWSID NC0217015
MISI Score
15.0
Stable
Score Confidence
0.8%
Peer Percentile
12.8th
As of
Apr 23, 2026
EXPLANATION
MARKET INTERPRETATION
Milton is a smaller community water system, serving approximately 212 residents. 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 one at high severity. The breadth of active signals, even without concentrated high severity, suggests pressure across more than one dimension.
Within its peer cohort, this system ranks around the 13th 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 |
|---|---|---|---|---|
| 10 | 12 | 9 | 6 | 8 |
ACTIVE SIGNALS
Weak unrestricted liquidity reduces the utility's ability to absorb rate, capex, or operating shocks.
Score impact: 5.0 · Family: Revenue Fragility
Repeated or serious compliance failures often indicate rising operational and infrastructure 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
HISTORY
Latest
15.0
Trend
+15.0
Observations
20
NC TREASURER FBA
Days Cash on Hand
32
Days Cash As Of
Jun 30, 2024
Population Served
212