MISI Score
28.0
Watch
Project NC / Warren County
BOTH · Warren CountyPWSID NC0293020
MISI Score
28.0
Watch
Score Confidence
0.8%
Peer Percentile
85.7th
As of
Apr 23, 2026
EXPLANATION
MARKET INTERPRETATION
Norlina is a smaller community water system, serving approximately 1,108 residents. At the latest reading, Munimetric flags the system as showing early but meaningful signs of structural stress.
The score is being driven mainly by Operational Stress, with Revenue Fragility adding further pressure. The pressure is distributed rather than concentrated in a single dimension.
6 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 86th percentile on measured stress, placing it among the more stressed systems 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 |
|---|---|---|---|---|
| 5 | 7 | 6 | 8 | 6 |
ACTIVE SIGNALS
A shrinking served population weakens the customer base and raises infrastructure cost per customer.
Score impact: 6.0 · Family: Revenue Fragility
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
Elevated drought and flood exposure raises outage, source-water, and infrastructure reliability stress.
Score impact: 2.0 · 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: 5.0 · Family: Capex Pressure
HISTORY
Latest
28.0
Trend
+28.0
Observations
20
NC TREASURER FBA
Days Cash on Hand
55
Days Cash As Of
Jun 30, 2024
Population Served
1,108