MISI Score
34.0
Watch
Project NC / Robeson County
BOTH · Robeson CountyDistressedPWSID NC0378045
MISI Score
34.0
Watch
Score Confidence
0.8%
Peer Percentile
85.1th
As of
Apr 23, 2026
EXPLANATION
MARKET INTERPRETATION
Parkton is a smaller community water system, serving approximately 903 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, which is at the top of its range in the model, with Revenue Fragility adding another heavy layer of pressure. That combination suggests strain is showing up across core system functions, not just one isolated dimension.
6 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 85th 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 | 3 | 9 | 9 | 5 |
ACTIVE SIGNALS
A shrinking served population weakens the customer base and raises infrastructure cost per customer.
Score impact: 10.0 · Family: Revenue Fragility
Weak unrestricted liquidity reduces the utility's ability to absorb rate, capex, or operating shocks.
Score impact: 2.0 · 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: 8.0 · Family: Operational Stress
Active drought conditions stress source-water availability and treatment operations.
Score impact: 4.0 · Family: Operational Stress
High-AGI outmigration erodes the rate base and compresses affordability headroom.
Score impact: 4.0 · Family: Revenue Fragility
HISTORY
Latest
34.0
Trend
+34.0
Observations
20
NC TREASURER FBA
Days Cash on Hand
152
Days Cash As Of
Jun 30, 2024
Population Served
903