MISI Score
20.0
Stable
Project NC / Forsyth County
BOTH · Forsyth CountyPWSID NC0234010
MISI Score
20.0
Stable
Score Confidence
1.0%
Peer Percentile
9.9th
As of
Apr 23, 2026
EXPLANATION
MARKET INTERPRETATION
Winston-Salem's public water system serves roughly 388,060 residents, placing it among the larger community systems in this coverage set. At the latest reading, the system shows limited signs of structural stress.
The score is being driven mainly by Operational Stress, which is running high 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 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 10th 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 |
|---|---|---|---|---|
| 2 | 2 | 2 | 2 | 1 |
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: 4.0 · Family: Capex Pressure
Elevated drought and flood exposure raises outage, source-water, and infrastructure reliability stress.
Score impact: 8.0 · Family: Operational Stress
Active drought conditions stress source-water availability and treatment operations.
Score impact: 4.0 · Family: Operational Stress
HISTORY
Latest
20.0
Trend
+16.0
Observations
25
NC TREASURER FBA
Days Cash on Hand
315
Days Cash As Of
Jun 30, 2024
Population Served
388,060