8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of the Securities Exchange Act of 1934

Date of Report: May 8, 2009

(Date of earliest event reported)

THE YORK WATER COMPANY

(Exact name of registrant as specified in its charter)

PENNSYLVANIA	0-690		23-1242500
(State or other jurisdiction	(Commission		(I.R.S. Employer
of incorporation)	File Number)		Identification No.)
130 EAST MARKET STREET YORK, PENNSYLVANIA		17401
(Address of principal executive offices)		(Zip Code)

(717) 845-3601

(Registrant's telephone number, including area code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

THE YORK WATER COMPANY

Item 2.02 Results of Operations and Financial Condition.

On May 8, 2009, The York Water Company issued a press release announcing its first quarter 2009 financial results.  The press release is being furnished with this Current Report on Form 8-K Exhibit 99.1 and is hereby incorporated herein by reference.  This report (including the exhibit) shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be incorporated by reference in any filing made by the Registrant pursuant to the Securities Act of 1933, as amended, other than to the extent that such filing incorporates by reference any or all of such information by express reference thereto.

Item 9.01 Financial Statements and Exhibits.

(c) Exhibits

99.1           Press Release, May 8, 2009, issued by the York Water Company

 THE YORK WATER COMPANY

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	THE YORK WATER COMPANY
Date: May 8, 2009	By:	/s/Kathleen M. Miller
		Kathleen M. Miller
		Chief Financial Officer

EX-99.1

EXHIBIT 99.1

News Release
		The York Water Company
		130 East Market Street
Contact:	Jeffrey R. Hines, President	York, PA  17401
or
	Kathleen M. Miller, Chief Financial Officer
Phone:	717-845-3601	FOR IMMEDIATE RELEASE

YORK WATER COMPANY ANNOUNCES THREE MONTHS EARNINGS

York, Pennsylvania, May 8, 2009:  The York Water Company's (NASDAQ:YORW) President, Jeffrey R. Hines, announced today the Company's financial results for the first quarter of 2009.

President Hines reported that first quarter operating revenues of $8,774,000 increased 16.9% compared to the first quarter of 2008 and net income of $1,497,000 increased 24.1% compared to the first quarter of 2008. The primary contributing factor to the increase in net income was higher water revenues due to growth in the customer base, and a rate increase granted by the Pennsylvania Public Utility Commission effective October 9, 2008. In addition, cost savings were realized by delaying some large expense and capital projects in response to economic uncertainties. The increased revenues and cost savings were partially offset by higher salary and wage expense, depreciation, pension cost and interest expense.  Earnings per share for the three-month period increased $0.02, or 18.1%, over the same period last year.

During the first three months of 2009, the Company invested $2.4 million in construction projects.  The majority of the construction expenditures were for routine distribution system improvements and various replacements of aging infrastructure.  In addition to construction projects, the Company invested over $2.1 million in the acquisition of the water system of West Manheim Township in York County, Pennsylvania.

The Company plans to continue to invest in infrastructure at a rate necessary to ensure a safe, adequate and reliable supply of drinking water.

	Three Months Ended March 31 In 000's (except per share)
	2009	2008
Operating Revenues	$8,774	$7,506
Net Income	$1,497	$1,206
Average Number of Common Shares Outstanding	11,374	11,266
Basic Earnings per Common Share	$0.13	$0.11
Dividends Paid Per Common Share	$0.126	$0.121

This news release may contain forward-looking statements regarding the Company’s operational and financial expectations. These statements are based on currently available information and are subject to risks, uncertainties, and other events which could cause the Company’s actual results to be materially different from the results described in this statement. The Company undertakes no duty to update any forward-looking statement.