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 6, 2011

(Date of earliest event reported)

THE YORK WATER COMPANY

(Exact name of registrant as specified in its charter)

PENNSYLVANIA	001-34245		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 (see General Instruction A.2. below):
¨	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 6, 2011, The York Water Company issued a press release announcing its first quarter 2011 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.
Exhibit No.	Description of Exhibit
99.1	Press Release, May 6, 2011, 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 6, 2011	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 6, 2011:  The York Water Company's (NASDAQ:YORW) President, Jeffrey R. Hines, announced today the Company's financial results for the first quarter of 2011.

President Hines reported that first quarter operating revenues of $9,645,000 increased $629,000, and net income of $2,139,000 increased $300,000 compared to the first quarter of 2010.  Higher water revenues due to the rate increase effective November 4, 2010 and growth in the customer base were the main reasons for the increase in revenues. Increased net income was partially offset by higher operating expenses, primarily for retirement and depreciation.  Earnings per share for the three-month period increased $0.02 over the same period last year.

During the first three months of 2011, the Company invested $2.1 million in capital projects for upgrades to water treatment facilities as well as various replacements of aging infrastructure. The Company estimates it will invest an additional $10.7 million in 2011 for expansion and improvements to its infrastructureto ensure a safe, adequate, and reliable supply of drinking water for the Company’s growing customer base.

On April 25, 2011, the Board of Directors declared the Company’s 562nd dividend.  2011 marks the Company’s 196th consecutive year of dividend payments.  The dividend is payable on July 15, 2011 to shareholders of record as of June 30, 2011.

	Three Months Ended March 31 In 000's (except per share)
	2011	2010
Operating Revenues	$9,645	$9,016
Net Income	$2,139	$1,839
Average Number of Common Shares Outstanding	12,696	12,571
Basic Earnings per Common Share	$0.17	$0.15
Dividends Paid Per Common Share	$0.131	$0.128

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.

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