Community College District 512 (William Rainey Harper College), IL's (Aaa stable) excellent credit profile benefits from a large and diverse tax base northwest of Chicago. Financial operations have been very strong leading to ample reserve levels. The district, like most community colleges has experienced a long term trend of enrollment declines, though favorably district enrollment has stabilized over the past year and is expected to increase modestly. The district's debt burden is low, though there is some contingent risk associated with state support for contributions to an underfunded State Universities Retirement System (SURS).