MISI Score
8.3
Stable
Project NC / Jones County
Trenton
BOTH · Jones CountyDistressed
Score Confidence
0.7%
Peer Percentile
50.0th
As of
Sep 10, 2026
EXPLANATION
Score Drivers
- MISI score is 8.309 (Stable).
- Climate Hazard Exposure adds 3.599 points. Operational climate hazard exposure contributes +4: FEMA NRI composite score is 64.5000. variance weighting adjusted headline contribution from 4 to 3.599.
- Population Served Decline adds 2.732 points. Population trend contributes +3: five-year population change is -3.043569%. variance weighting adjusted headline contribution from 3 to 2.732.
- Current Drought Severity adds 1.978 points. Current drought severity contributes +2: USDM severity index is 0.1975 as of 2026-09-01. variance weighting adjusted headline contribution from 2 to 1.978.
- Missing or unresolved factors: Infrastructure Capital Gap, Lead & Copper Rule Risk, PFAS Contamination Risk.
MARKET INTERPRETATION
What the data suggests
Trenton operates a community water system tracked in the Munimetric coverage set. At the latest reading, the system shows limited signs of structural stress.
The score is being driven mainly by Operational Stress, with Revenue Fragility contributing at a lower level. The pressure is distributed rather than concentrated in a single dimension.
3 active stress signals are attached to this system. 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 50th percentile on measured stress, placing it near the middle of the peer group on measured stress.
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
Family Contributions
Operational Stress5.6 / 20.0
Capex Pressure0.0 / 20.0
Revenue Fragility2.7 / 20.0
Rate Constraint0.0 / 20.0
Governance Risk0.0 / 20.0
SL 2020-79
SWIA Assessment History
| 2024 | 2023 | 2022 | 2021 | 2019 |
|---|---|---|---|---|
| 8 | 7 | 9 | 9 | 12 |
ACTIVE SIGNALS
3 Signals
Population Served Decline
A shrinking served population weakens the customer base and raises infrastructure cost per customer.
Score impact: 2.7 · Family: Revenue Fragility
Climate Hazard Exposure
Elevated drought and flood exposure raises outage, source-water, and infrastructure reliability stress.
Score impact: 3.6 · Family: Operational Stress
Current Drought Severity
Active drought conditions stress source-water availability and treatment operations.
Score impact: 2.0 · Family: Operational Stress
HISTORY
Score Trend
Latest
8.3
Trend
+8.3
Observations
111
NC TREASURER FBA
Financial Benchmarks
Population259
General Fund Expenditure$343K
Fund Balance Available$711K
Fund Balance %207.1%
Cash & Investments$1.2M
Assessed Valuation$22.7M
Tax Rate0.3
Effective Tax Rate0.3
Tax Collection %96.2%
Amount Uncollected$2K
Days Cash on Hand
507
Days Cash As Of
Jun 30, 2024