Project NC / Montgomery County

Mount Gilead

BOTH · Montgomery CountyPWSID NC0362015

MISI Score

14.0

Stable

Score Confidence

0.8%

Peer Percentile

12.4th

As of

Apr 23, 2026

EXPLANATION

Score Drivers

MISI score is 14.000 (Stable).
Compliance Escalation adds 6.000000 points. Operational compliance contributes +6: 31 violations or enforcement actions have been recorded within the last three years.
Current Drought Severity adds 3 points. Current drought severity contributes +3: USDM severity index is 0.4210 as of 2026-04-14.
Population Served Decline adds 3 points. Population trend contributes +3: five-year population change is -4.568472%.
Climate Hazard Exposure adds 2 points. Operational climate hazard exposure contributes +2: FEMA NRI composite score is 48.9500.
Missing or unresolved factors: Infrastructure Capital Gap, PFAS Contamination Risk, Project Status Staleness.

MARKET INTERPRETATION

What the data suggests

Mount Gilead is a smaller community water system, serving approximately 1,463 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.

4 active stress signals are attached to this system. 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 12th 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

Family Contributions

Operational Stress11.0 / 20.0

Capex Pressure0.0 / 20.0

Revenue Fragility3.0 / 20.0

Rate Constraint0.0 / 20.0

Governance Risk0.0 / 20.0

SL 2020-79

SWIA Assessment History

2024	2023	2022	2021	2019
5	7	8	7	6

ACTIVE SIGNALS

4 Signals

EmergingactiveApr 2, 2026

Population Served Decline

A shrinking served population weakens the customer base and raises infrastructure cost per customer.

Score impact: 3.0 · Family: Revenue Fragility

MaterialactiveApr 3, 2026

Compliance Escalation

Repeated or serious compliance failures often indicate rising operational and infrastructure stress.

Score impact: 6.0 · Family: Operational Stress

EmergingactiveApr 7, 2026

Climate Hazard Exposure

Elevated drought and flood exposure raises outage, source-water, and infrastructure reliability stress.

Score impact: 2.0 · Family: Operational Stress

MaterialactiveApr 7, 2026

Current Drought Severity

Active drought conditions stress source-water availability and treatment operations.

Score impact: 3.0 · Family: Operational Stress

HISTORY

Score Trend

Latest

14.0

Trend

+14.0

Observations

NC TREASURER FBA

Financial Benchmarks

Population1,167

General Fund Expenditure$1.5M

Fund Balance Available$1.1M

Fund Balance %69.5%

Cash & Investments$3.1M

Assessed Valuation$104.3M

Tax Rate0.6

Effective Tax Rate0.4

Tax Collection %95.1%

Amount Uncollected$30K

Days Cash on Hand

340

Days Cash As Of

Jun 30, 2024

Population Served

1,463

Mount Gilead — Project NC | Munimetric

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