MISI Score
38.0
Watch
Project NC / Rowan County
BOTH · Rowan CountyPWSID NC0180010
MISI Score
38.0
Watch
Score Confidence
1.0%
Peer Percentile
80.3th
As of
Apr 23, 2026
EXPLANATION
MARKET INTERPRETATION
As a community water provider for roughly 45,329 residents, Salisbury 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 Capex Pressure, which is at the top of its range in the model, with Operational Stress 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 80th percentile on measured stress, placing it above most of its peers on measured stress, though not yet in the most extreme tier.
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 |
|---|---|---|---|---|
| 1 | 2 | 3 | 2 | 2 |
ACTIVE SIGNALS
Repeated or serious compliance failures often indicate rising operational and infrastructure stress.
Score impact: 4.0 · Family: Operational Stress
Large structural capital need relative to local support capacity often precedes major rate or funding pressure.
Score impact: 12.0 · Family: Capex Pressure
Abrupt deterioration can indicate multiple compounding issues crossing thresholds together.
Score impact: 4.0 · Family: Governance Risk
Elevated drought and flood exposure raises outage, source-water, and infrastructure reliability stress.
Score impact: 6.0 · 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
+34.0
Observations
22
Days Cash on Hand
592
Days Cash As Of
Jun 30, 2024
Population Served
45,329