MISI Score
22.0
Watch
Project NC / Brunswick County
BOTH · Brunswick CountyPWSID NC0410020
MISI Score
22.0
Watch
Score Confidence
0.9%
Peer Percentile
22.6th
As of
Apr 23, 2026
EXPLANATION
MARKET INTERPRETATION
As a community water provider for roughly 26,924 residents, Oak Island 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 Operational Stress, with Capex Pressure 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, 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 23rd 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
SL 2020-79
| 2024 | 2023 | 2022 | 2021 | 2019 |
|---|---|---|---|---|
| 3 | 2 | 4 | 4 | 5 |
ACTIVE SIGNALS
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: 8.0 · Family: Operational Stress
Active drought conditions stress source-water availability and treatment operations.
Score impact: 4.0 · Family: Operational Stress
PFAS detections can force expensive treatment retrofits and accelerate capital plans.
Score impact: 6.0 · Family: Capex Pressure
HISTORY
Latest
22.0
Trend
+22.0
Observations
22
NC TREASURER FBA
Days Cash on Hand
732
Days Cash As Of
Jun 30, 2024
Population Served
26,924