MISI Score
18.0
Stable
Project NC / Hoke County
BOTH · Hoke CountyPWSID NC0347010
MISI Score
18.0
Stable
Score Confidence
0.9%
Peer Percentile
17.1th
As of
Apr 23, 2026
EXPLANATION
MARKET INTERPRETATION
Raeford is a smaller community water system, serving approximately 6,718 residents. At the latest reading, the system shows limited 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 Capex Pressure contributing at a lower level. In other words, Operational Stress is doing most of the heavy lifting in the headline score.
4 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 17th 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 |
|---|---|---|---|---|
| 3 | 3 | 6 | 5 | 8 |
ACTIVE SIGNALS
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
Repeated or serious compliance failures often indicate rising operational and infrastructure stress.
Score impact: 8.0 · 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
18.0
Trend
+18.0
Observations
22
NC TREASURER FBA
Days Cash on Hand
955
Days Cash As Of
Jun 30, 2024
Population Served
6,718