MISI Score
38.0
Watch
Project NC / Hyde County
DW · Hyde CountyDistressedPWSID NC0448020
MISI Score
38.0
Watch
Score Confidence
0.9%
Peer Percentile
90.3th
As of
Apr 23, 2026
EXPLANATION
MARKET INTERPRETATION
Ocracoke Sanitary District is a smaller community water system, serving approximately 900 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 Capex Pressure, which is at the top of its range in the model, with Revenue Fragility adding further pressure. In other words, Capex Pressure is doing most of the heavy lifting in the headline score.
5 active stress signals are attached to this system, including 4 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 90th 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 |
|---|---|---|---|---|
| 3 | 2 | 5 | 11 | 8 |
ACTIVE SIGNALS
A shrinking served population weakens the customer base and raises infrastructure cost per customer.
Score impact: 10.0 · Family: Revenue Fragility
Large structural capital need relative to local support capacity often precedes major rate or funding pressure.
Score impact: 12.0 · Family: Capex Pressure
Elevated drought and flood exposure raises outage, source-water, and infrastructure reliability stress.
Score impact: 4.0 · 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: 8.0 · Family: Capex Pressure
HISTORY
Latest
38.0
Trend
+38.0
Observations
20
Population Served
900