MISI Score
14.0
Stable
Project NC / Martin County
BOTH · Martin CountyDistressedPWSID NC0459113
MISI Score
14.0
Stable
Score Confidence
0.8%
Peer Percentile
9.7th
As of
Apr 23, 2026
EXPLANATION
MARKET INTERPRETATION
Parmele is a smaller community water system, serving approximately 262 residents. At the latest reading, the system shows limited signs of structural stress.
The score is being driven mainly by Operational Stress, which is running high in the model, with Capex Pressure contributing at a lower level. In other words, Operational Stress is doing most of the heavy lifting in the headline score.
3 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 10th 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
SL 2020-79
| 2024 | 2023 | 2022 | 2021 | 2019 |
|---|---|---|---|---|
| 4 | 2 | 12 | 8 | 10 |
ACTIVE SIGNALS
Active drought conditions stress source-water availability and treatment operations.
Score impact: 4.0 · Family: Operational Stress
Repeated or serious compliance failures often indicate rising operational and infrastructure stress.
Score impact: 6.0 · Family: Operational Stress
Recurring monitoring or reporting failures often signal weak administrative capacity or deteriorating operational discipline.
Score impact: 4.0 · Family: Operational Stress
HISTORY
Latest
14.0
Trend
+14.0
Observations
20
Days Cash on Hand
194
Days Cash As Of
Jun 30, 2024
Population Served
262