MISI Score
21.0
Watch
Project NC / Wilkes County
BOTH · Wilkes CountyDistressedPWSID NC0197025
MISI Score
21.0
Watch
Score Confidence
0.9%
Peer Percentile
29.9th
As of
Apr 23, 2026
EXPLANATION
MARKET INTERPRETATION
Wilkesboro is a smaller community water system, serving approximately 3,643 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 Revenue Fragility, with Operational Stress adding further pressure. The pressure is distributed rather than concentrated in a single dimension.
4 active stress signals are attached to this system, including 2 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 30th 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 |
|---|---|---|---|---|
| 3 | 4 | 7 | 5 | 6 |
ACTIVE SIGNALS
Weak unrestricted liquidity reduces the utility's ability to absorb rate, capex, or operating shocks.
Score impact: 8.0 · Family: Revenue Fragility
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
A shrinking served population weakens the customer base and raises infrastructure cost per customer.
Score impact: 3.0 · Family: Revenue Fragility
HISTORY
Latest
21.0
Trend
+18.0
Observations
22
NC TREASURER FBA
Days Cash on Hand
10
Days Cash As Of
Jun 30, 2024
Population Served
3,643