MISI Score
22.0
Watch
Project NC / Chatham County
BOTH · Chatham CountyPWSID NC0319010
MISI Score
22.0
Watch
Score Confidence
0.9%
Peer Percentile
33.2th
As of
Apr 23, 2026
EXPLANATION
MARKET INTERPRETATION
Siler City is a smaller community water system, serving approximately 8,520 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, with Capex Pressure contributing at a lower level. The pressure is distributed rather than concentrated in a single dimension.
5 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 33rd percentile on measured stress, placing it below typical peer-group stress levels.
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 |
|---|---|---|---|---|
| 7 | 7 | 10 | 4 | 5 |
ACTIVE SIGNALS
Parent-government debt, pension, or operating stress can constrain infrastructure support and governance flexibility.
Score impact: 4.0 · Family: Governance Risk
Repeated or serious compliance failures often indicate rising operational and infrastructure stress.
Score impact: 4.0 · Family: Operational Stress
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
PFAS detections can force expensive treatment retrofits and accelerate capital plans.
Score impact: 6.0 · Family: Capex Pressure
HISTORY
Latest
22.0
Trend
+22.0
Observations
21
Days Cash on Hand
298
Days Cash As Of
Jun 30, 2022
Population Served
8,520