York Water Co (YORW) 2022年年度報告「NASDAQ」.pdf

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1、 E x t e n d i n gOur ROOTS2022 Annual ReportT h e Y o r k W a t e r C o m p a n yIn the spring of 2022,new vegetation emerged in the Lake Williams lakebed,creating a different beautiful landscape for the community and providing pristine habitat for local wildlife.The original course of the East Bra

2、nch Codorus Creek is also visible once again,demonstrating that our natural environment is resilient and will seek to re-establish itself even after 100+years.On front cover:The East Branch Codorus Creek flowing through the Lake Williams lakebed,fall 2022.T h e Y o r k W a t e r C o m p a n y 2022 A

3、nnual ReportPage 1On June 22,1972,Hurricane Agnes deluged York with a record 15.67 inches of rain over the storms two-day duration,adding to the total of 20.45 inches in the month of June alone.Agnes caused 128 deaths and approximately$2.1 billion in damage across much of the East Coast.This storm r

4、epresents the first and only time that York Water suspended distribution of water to customers because of the catastrophic conditions.For the last 50 years,York Water has enhanced and constructed more resilient and redundant facilities.Brillhart Pumping Station,which was flooded and off line in June

5、 of 1972,now has supply redundancy with two alternative pumping stations on the Susquehanna River and Lake Redman.Electric motors and switch gears are elevated above the 100-year flood plain level and new pumps are designed for maximum efficiency and survivability.Pumping stations throughout our ser

6、vice area all have backup power and automated transfer so that our repump customers are kept in service just like our gravity customers.To appreciate the scale of the continual investment in resilience,reliability,and redundancy,one need look no further than our ongoing spillway replacement at our L

7、ake Williams Dam.This project will result in a dam designed to accommodate a storm event two and a half times the magnitude of Agnes,a staggering 40 inches of rain over a 72-hour period.Hurricane Agnes 50 Years Later:Historic Hurricane Agnes photos taken by the late Bill Schintz,a photographic docum

8、entarian of our community for decades.Page IT h e Y o r k W a t e r C o m p a n y 2022 Annual ReportPage 2T h e Y o r k W a t e r C o m p a n y 2022 Annual ReportWe remember certain dates,whether ascribed by historians,or lived and experienced at a very personal level.December 7,1941,Pearl Harbor,a

9、Day of Infamy.September 11,2001,an attack of unprecedented magnitude,shock,sadness,fear,anger.Closer to York,Pennsylvania,July1-3,1863,the Battle of Gettysburg,often considered the turning point of the Civil War.And,as described on the preceding page,June 22,1972,the onslaught of a hurricane named A

10、gnes.While this limited subset of dates is memorable as points in time,its a Nations,a Communitys,or a Companys response to these events that form the foundation of ethos and culture.As the COVID-19 pandemic of 2020 was unquestionably a strategic inflection point for innumerable businesses,fifty yea

11、rs earlier,Hurricane Agnes was formational to York Waters enduring capital investment strategy:a strategy focused on resilient,redundant,and reliable utility infrastructure.In 1972,the Companys sole raw water pumping station was submerged under 82”of flood water,an incredible 46”higher than the prev

12、ious 1933 record flood level of 38”.The same pumping station remains in operation today with the same floor elevation as originally constructed.Whats changed at Brilhart Pumping Station since the Companys pumps and motors were flooded and taken out of service in June of 1972 is everything else.Capit

13、al investment to eliminate single points of failure resulted in the construction of redundant pumping stations on the Susquehanna River and more recently at the Lake Redman Reservoir.Backup power generation at all pump and booster stations ensures that when the power goes down and the lights go off,

14、York Water still flows,and wastewater is collected and treated.In 2022,York Water invested over$50M in capital improvements across an expanded network of water and wastewater systems to ensure an uninterrupted supply of water and wastewater service to our customers.In spite of the historic investmen

15、t to rehabilitate the Lake Williams Dam,and the fact that the Lake Williams Reservoir has been empty,resulting in a 1 billion gallon deficit to normal raw water storage,not a single water customer has been inconvenienced.For fifty years,Hurricane Agness legacy for York Waters Board of Directors has

16、been to plan for the next emergency,to secure sufficient capital,and to timely invest in its utility plant.And,most importantly,we recognize that for the 156 years of continuous service preceding Agnes,and the fifty years since,that the employees of our Company secure for all of our stakeholders the

17、 achievements in the pages that follow.We are grateful to our shareholders for their trust and confidence in our Nations Oldest Investor-Owned Utility.President and Chief Executive OfficerJT Hand“Were it not for the vigilance and unstinting efforts of our fine group of employees and the cooperation

18、and understanding of our equally fine group of consumers,York might have experienced an even worse calamity than Agnes had in store for our federally designated Disaster Area.”William H.Kain,President The York Water Company Annual Report 1972 Dear Shareholders,The 330-million-gallon Roxbury Reservoi

19、r in Franklin County.Page 3Financial StatisticsAll the graphs depicted represent historic corporate performance.Record growth and record capital placement are the highlights of 2022,but across our financial profile,2022 was a remarkable financial year.Growth in Net Income from$17.0M in 2021 to$19.6M

20、 in 2022 and strong earnings results reinforce the Companys investment and expansion strategy.With projects like the Lake Williams Dam rehabilitation and many other facility expansions and acquisitions,annual capital expenditures grew to$50.5M over 2021s$34.4M.Our capital placement in both water and

21、 wastewater ensures uninterrupted service to our customers and the communities we serve.In a challenging inflation and supply-side environment,our York Water employees installed 98,700 feet of water main,the most since 2008,while acquiring and now operating an additional 235,200 feet of water main,1

22、14,100 feet of sewer main,and four sewer treatment plants.We are fortunate to have dedicated employees who now have responsibility for water and wastewater service to approximately 208,000 people across York,Adams,and Franklin Counties.Year After Year York Water Exceeds ExpectationsCustomer Satisfac

23、tion York Water surpasses our Pennsylvania water utility peers with a reasonable and affordable average annual cost of water,while having the lowest customer complaint rate.Average Annual Cost for Water is over 47%lower than our Pennsylvania water utility peers.At 0%,York Waters Justified Customer C

24、omplaint Rate is far below the industry average of 11.2%per 1,000 customers.York Water continues to provide an unmatched customer experience,while maintaining affordable rates for the customers and communities we serve.*Source:https:/www.puc.pa.gov/media/2252/2020-2021-ucare-final-version.pdf$20.0M2

25、0212022Net Income$16.0M$17.0M$18.0M$19.0M$17.0M$19.6M$1.20$1.30$1.40$1.50Earnings per Share20212022$1.30$1.40$940$6412022 Average Annual Cost for Water(Residential)4,000 gals/month$600$700$800$900$1000York WaterAverage PA Regulated Water20212022Capital Investments$35M$30M$25M$40M$45M$50M$55M$34.4M$5

26、0.5MWater&Wastewater Customers/Connections70,00075,00080,0002021202273,14476,7312021 Justifed Complaint Rate*Per 1,000 Customers11%13%12%York WaterOther Major PA Water UtilitiesAll Major PA Water Utilities0.0%12.3%11.2Page 3T h e Y o r k W a t e r C o m p a n y 2022 Annual ReportPage 4T h e Y o r k

27、W a t e r C o m p a n y 2022 Annual ReportFacility Enhancement and InvestmentThe beautiful Amblebrook 55+community in Adams County took off this year with over 150 homes constructed in Phase 1 and 2,as well as completion of the Clubhouse.York Water kept pace with superior water supply and a new stat

28、e-of-the-art sewage treatment plant,which was completed and is already being expanded to anticipate this growing community.The unique partnership created in this context establishes a foundation for similar arrangements with developers in the future.This project is a great example of our flexibility

29、 and creativity as a 21st century utility service company.Amblebrook Gettysburg(Adams County)In August,York Water expanded our service territory and acquired the water and wastewater systems jointly owned by LIDA and Franklin County General Authority(FCGA)in Greene and Hamilton Townships,Franklin Co

30、unty.This acquisition included all the water and wastewater production and treatment assets,water distribution and wastewater collection assets,and the Roxbury Reservoir.This transaction was the Companys first water system acquisition in Franklin County and includes the largest surface water reservo

31、ir in the county.The majority of the connections support military and logistic tenants in the secured Letterkenny Army Depot and adjacent industrial park.York Water has already added residential customers to the Franklin County water system in the acquisition of Scott Water Company(see below).We are

32、 thrilled to have a great customer partner in LIDA.“We needed a proven utility ally who delivers exceptional levels of operational expertise,along with the financial muscle to take our systems into the future,and thats York Water.”Kip Feldman,LIDA Executive Director2022 AcquisitionsLetterkenny Indus

33、trial Development Authority(LIDA)(Franklin County)In December,York Water closed on the purchase of three former Donald and Janet Dallmeyer properties in Spring Garden Township,York County.This+/-54-acre property purchase includes three parcels:(i)the original homestead property;(ii)an undeveloped pa

34、rcel on Shady Dell Drive;and(iii)an undeveloped parcel to the north.These properties contain vital operational assets and are adjacent to the Companys primary water filtration plant located at Reservoir Park and represent the foundational features of this legacy investment.“Just as our predecessors

35、had the foresight and vision to establish York Waters treatment works on the elevated slope overlooking the City of York,to secure the high ground and benefit from gravity,we invest for the needs of our customers not simply today,but for 30,50,or 100 years from now.These relatively undeveloped prope

36、rties already contain the water distribution arteries below ground that carry our water to points north,south,and east and securing this property is important to our utility and the communities we serve.”JT Hand,York Water President&CEO Land AcquisitionIn the fall of 2022,York Water further extended

37、 its roots through the following acquisitions:Water&Wastewater systems in the Albright Mobile Home Estates in Springfield Township,York County;SYC Wastewater Treatment Plant,LP in Springfield Township,York County adjacent to Exit 3 along the Route 83 corridor;Water&Wastewater systems at the Country

38、View Manor residential community in Washington Township,York County;and Scott Water Company in Greene Township,Franklin County.In total,these acquisitions added 3,587 new customers in 2022,the highest percentage increase in our customer base since 2009.Members of the York Water Wastewater Department

39、 at the SYC wastewater treatment plant,Springfield Township,York County.Page 5T h e Y o r k W a t e r C o m p a n y 2022 Annual ReportProject aerial viewDe-watered lakebed1912 concrete core wallLake Williams Dam Spring of 2022:groundbreaking for the Lake Williams Dam rehabilitation site began with t

40、he removal of the Water Street bridge over the spillway,followed by extensive excavation that exposed the original concrete core wall from the 1912 structure.Remarkably,this core wall will remain in place and is to be incorporated into the renovated dam.Foundational concrete work has progressed thro

41、ugh the fall.If you are interested in tracking the progress of the project,please go to https:/ appreciate the communitys interest and patience over the next twelve months as we complete these significant investments in our collective future.Summary of Operations For The Year20222021202020192018Oper

42、ating revenues.$60,061$55,119$53,852$51,578$48,437Operating expenses.35,57831,72329,42127,79225,920Operating income.24,48323,39624,43123,78622,517Interest expense.3,6133,7054,1774,7585,280Gain on life insurance.-515Other income(expenses),net.(1,275)(1,587)(2,153)(2,386)(1,370)Income before income ta

43、xes.19,59518,10418,61616,64215,867Income taxes.151,1202,0182,2402,491Net income.$19,580$16,984$16,598$14,402$13,376 Per Share of Common StockBook value.$14.50$11.64$10.97$10.31$9.75Earnings per share:Basic.1.401.301.271.111.04Diluted.1.401.301.271.111.04Weighted average number of shares outstanding

44、during the year:Basic.13,957,78813,076,26313,033,68112,964,08012,903,568Diluted.13,958,91513,077,29013,034,52012,966,29212,903,836Cash dividends declared per share.0.78740.75710.72800.70010.6731Utility PlantOriginal cost,net of acquisition adjustments.$539,963$482,113$434,963$398,065$377,676 Constru

45、ction expenditures.50,53234,40932,12318,42516,882OtherTotal assets.$510,595$458,853$406,957$363,529$345,140 Long-term debt including current portion.139,465 146,369 123,573 101,035 93,358For Managements Discussion and Analysis of Financial Condition and Results of Operations,please refer to Item 7 i

46、n the Companys Annual Report on Form 10-K.T h e Y o r k W a t e r C o m p a n y 2022 Annual ReportPage 6Highlights of Our 207th Year(In thousands of dollars,except per share amounts)T h e Y o r k W a t e r C o m p a n y 2022 Annual ReportPage 7Shareholder Information Market InformationThe common sto

47、ck of The York Water Company is traded on the NASDAQ Global Select Market under the symbol YORW.Shareholders of record(excluding individual participants in securities positions listings)as of December31,2022 numbered approximately 1,890.Financial Reports and Investor RelationsThe Company makes avail

48、able free of charge,on or through its website (),its annual report on Form 10-K,its quarterly reports on Form 10-Q,current reports on Form 8-K,and amendments to those reports filed or furnished pursuant to Section 13(a)or 15(d)of the Exchange Act as Transfer Agent&Registrar Broadridge Corporate Issu

49、er Solutions,Inc.P.O.Box 1342Brentwood,NY11717(844)317-3311(toll free)Internet:http:/ AuditorsBaker Tilly US,LLPSuite 200 221 West Philadelphia Street York,PA 17401Stock Exchange ListingThe Companys common shares trade on the NASDAQ Global Select Market.The trading symbol is YORW.Monday,May 1,2023 1

50、:00 p.m.Lunch 12:00 p.m.(reservation required)(717)718-2942(800)750-The York Water Company130 East Market Street York,PA 17401Molly E.HouckInvestor Relations&Communications AdministratorIn 2013,we initiated a share repurchase program to add value for our shareholders.The Board of Directors authorize

51、d the Company to repurchase up to 1,200,000shares of the Companys common stock from time to time.No shares were repurchased this year.As of December 31,2022,618,004 shares remain available for repurchase.We are only including a summary of our financial results in this annual report.Please refer to o

52、ur annual SEC 10-K Report,which was delivered with this report,or can be downloaded from the investor relations section of our website at for a more detailed review of our financial performance.The Annual Meeting is currently scheduled to be held in person.Due to continued and evolving regulations r

53、egarding travel,gatherings,and other restrictions relating to COVID-19 public health concerns,the Companys directors and officers may be required Shareholders may request,without charge,copies of the Companys financial reports.Such requests,as well as other investor relations inquiries,should be add

54、ressed to:Important Annual Meeting InformationAppell Center for the Performing Arts 50 North George StreetYork,PA17401Please check the websites prior to the meeting if you plan to attend.If you plan on attending the meeting,doors will open at 11:30 a.m.and a boxed lunch will be provided beginning at

55、 12:00 p.m.Please RSVP either by checking the box on the proxy card and mailing in the enclosed envelope,or by contacting Molly Houck at(717)718-2942 or by e-mail at .to participate remotely or the Company may decide to hold the meeting in a different location or virtually.While there are not curren

56、tly any additional COVID-19-related requirements at the Appell Center for the Performing Arts,that is subject to change.At this time,masks are not required,but strongly encouraged for those that are unvaccinated.Any relevant updates will be available on the meeting locations website at www.appellcen

57、ter.org/plan-your-visit/covid-policies and the Companys website at .soon as reasonably practicable after the Company electronically files such material with,or furnishes it to,the Securities and Exchange Commission,or SEC.The SEC also maintains a website at www.sec.gov that contains reports,proxy st

58、atements,and other information about SEC registrants,including the Company.Year ended December 31202220212020Selected Financial DataIncomeOperating Revenues.$60,061$55,119$53,852 Operating Expenses.$35,578$31,723$29,421 Operating Income.$24,483$23,396$24,431 Interest Expense.$3,613$3,705$4,177 Net I

59、ncome.$19,580$16,984$16,598 Percent Change in Net Income Compared to Prior Year.15.3%2.3%15.2%Common Stock Dividends.$11,009$9,909$9,490 Dividend Payout Ratio.56.2%58.3%57.2%Weighted Average Common Shares Outstanding,Basic.13,957,78813,076,26313,033,681Basic&Diluted Earnings Per Weighted Average Com

60、mon Share.$1.40$1.30$1.27 Number of Common Shares Outstanding.14,285,58413,112,94813,060,817ROE on Year End Common Equity.9.5%11.1%11.6%Common Stock Dividends Per Share.$0.7874$0.7571$0.7280 Net Cash Flows From Operating Activities.$22,018$22,959$20,235 Balance SheetCommon Stockholders Equity.$207,1

61、83$152,622$143,252 Long-Term Debt Including Current Maturities.$139,465$146,369$123,573 Total Capitalization.$346,648$298,991$266,825 Percent Common Stockholders Equity.60%51%54%Percent Long-Term Debt.40%49%46%Net Utility Plant.$431,205$382,909$343,623 Operating DataRevenue ClassResidential.$39,196$

62、35,885$35,733 Commercial and Industrial.$16,255$14,892$14,068 Other.$4,610$4,342$4,051 Total Operating Revenues.$60,061$55,119$53,852 Construction Expenditures$50,532$34,409$32,123 Other Operating DataNumber of Customers.76,73173,14472,681Number of Employees.116110108Common Shareholders.1,8901,9331,

63、982Book Value Per Common Share.$14.50$11.64$10.97Market Value at Year End.$44.98$49.78$46.60Market Value to Book Value.310%428%425%P.E Ratio.32.138.336.7T h e Y o r k W a t e r C o m p a n y 2022 Annual ReportPage 8Supplemental Information(Unaudited)(In thousands of dollars,except per share amounts)

64、20192018201720162015201420132012$51,578$48,437$48,589$47,584$47,089$45,900$42,383$41,447$27,792$25,920$24,896$23,414$23,294$22,593$21,217$20,331$23,786$22,517$23,693$24,170$23,795$23,307$21,166$21,116$4,758$5,280$4,484$5,037$4,976$4,996$5,267$5,249$14,402$13,376$12,974$11,846$12,489$11,484$9,654$9,3

65、03 7.7%3.1%9.5%-5.1%8.8%19.0%3.8%2.4%$9,083$8,690$8,318$8,051$7,743$7,443$7,214$6,929 63.1%65.0%64.1%68.0%62.0%64.8%74.7%74.5%12,964,08012,903,56812,849,12312,845,95512,831,68712,879,91212,928,04012,847,160$1.11$1.04$1.01$0.92$0.97$0.89$0.75$0.72 13,014,89812,943,53612,872,74212,852,29512,812,37712,

66、830,52112,979,28112,918,63310.7%10.6%10.9%10.4%11.5%11.0%9.3%9.3%$0.7001$0.6731$0.6472$0.6267$0.6040$0.5788$0.5580$0.5391$18,881$18,372$20,111$19,365$20,710$18,766$18,438$16,422$134,185$126,195$119,405$114,061$109,070$104,563$103,511$99,825$101,035$93,358$90,142$84,653$84,562$82,312$82,741$82,684$23

67、5,220$219,553$209,547$198,714$193,632$186,875$186,252$182,509 57%57%57%57%56%56%56%55%43%43%43%43%44%44%44%45%$313,224$299,157$288,787$270,907$261,420$253,194$244,237$239,539$33,409$31,281$31,257$30,218$29,761$29,165$26,873$26,192$14,441$13,578$13,729$13,760$13,822$13,267$12,299$12,114$3,728$3,578$3

68、,603$3,606$3,506$3,468$3,211$3,141$51,578$48,437$48,589$47,584$47,089$45,900$42,383$41,447$18,425$16,882$24,602$13,158$13,844$14,139$9,852$11,543 71,41170,26369,60467,05266,08765,10264,11863,7791061091021031071071041051,9981,9992,0112,0522,0072,0022,0231,786$10.31$9.75$9.28$8.87$8.51$8.15$7.98$7.73$

69、46.11$32.06$33.90$38.20$24.94$23.21$20.93$17.57447%329%365%431%293%285%262%227%41.530.833.641.525.726.127.924.4Page 9T h e Y o r k W a t e r C o m p a n y 2022 Annual ReportSupplemental Information(Unaudited)(In thousands of dollars,except per share amounts)T h e Y o r k W a t e r C o m p a n y 2022

70、 Annual ReportPage 10Paul R.Bonney,a utility industry professional,joined The York Water Companys Board of Directors in 2022.Mr.Bonney has an extensive background in regulatory and utility counseling,as well as in-house work,predominantly in the electric sector.He is extremely well-versed in utility

71、 business and finance strategies.Mr.Bonneys leadership in Diversity and Inclusion and Enterprise Service Management program development will be instrumental to our Companys future.Board of DirectorsGeorge Hay Kain,III(4)Director Since 1986Erin C.McGlaughlin(2)(3)Director Since 2016Robert P.Newcomer(

72、2)(4)Director Since 2013Joseph T.Hand(1)Director Since 2020George W.Hodges(1)(3)Past ChairDirector Since 2000Steven R.Rasmussen,CPA(2)(3)Director Since 2011Ernest J.Waters(2)(3)Director Since 2007Jeffrey R.Hines,P.E.(1)Director Since 2008Jody L.Keller,SPHR(4)Director Since 2015Paul R.Bonney(4)Direct

73、or Since 2022Cynthia A.Dotzel,CPA(1)ChairDirector Since 2019Michael W.Gang,Esq.(1)Director Since 1996Key(1)Executive Committee(2)Audit Committee(3)Nomination and Corporate Governance Committee(4)Compensation CommitteeDirectors EmeritiJosephine S.AppellJames H.CawleyChloe R.Eichelberger William T.Mor

74、ris On Veterans Day 2022,we celebrated the 40th Anniversary of the American flag proudly flying at our Filter Plant at Reservoir Park.Addition to the Board of Directors 2022Irvin S.NaylorThomas C.NorrisJeffrey S.OsmanT h e Y o r k W a t e r C o m p a n y 2022 Annual ReportPage 11Environmental Stewar

75、dshipSOURCE WATER PROTECTION PLANYork Water revised,filed,and received approval from the Pennsylvania Department of Environmental Protection for a comprehensive source water protection plan in 2022 for our main drinking water sources in York County.We convened a steering committee of water resource

76、professionals to create a plan that is flexible but with solid foundation for our future watershed and source water initiatives.Such work will include public education,community partnerships,and capital projects to enhance our source protection.York Water has executed the most protective management

77、practice at Lake Williams and Lake Redman by purchasing and controlling much of the surrounding properties in the watershed.There is more that we can do as a community,and this plan provides the working structure for future efforts.In the spring of 2022,a mixture of 200 hardwood and evergreen trees

78、were planted south of the Lake Williams Dam construction access road.This reforestation effort was the first phase of such plantings to ensure that we replace woodland habitat disturbed by construction activities.Trees adjacent to and surrounding our water resources help to improve and maintain wate

79、r quality,provide important natural habitat,and make the ground more fertile for other plants.This effort is reminiscent of the Companys original planting around Lake Williams over 100 years ago when 1 million trees were planted.TREE PLANTING AT LAKE WILLIAMSLeft to right:Kurt Smith,PA DEP,Kent Crom

80、an,YWC,Tim Young,YWC,Katrina Cooper,YWC,Rob Bissey,YWC,and Kevin Anderson,PA DEP.The Association of State Drinking Water Administrators,with the US EPA,recognized York Water in 2022 as one of the top performing(water supply)filter plants in 2021.This award recognizes drinking water systems that opti

81、mize treatment to provide an increased and sustainable level of public health protection for consumers/customers.This prestigious award recognizes the efforts and competence of our treatment plant employees in delivering nearly 20 million gallons per day of that good York water to our customers.We t

82、hank our operators and filter plant personnel for their consistency and diligence on behalf of our customers 365 days a year.PA DEP FILTER PLANT OPTIMIZATION AWARDYork Water sponsors the Horn Farm Center,a local organization fostering learning through ecological land stewardship,experiential educati

83、on,and community partnerships.In October of 2021,the Horn Farm farmhouse was struck by lightning,damaging much of the building.York Water donated trees and milling services from the Lake Williams Dam project site for rebuilding.Many of these trees had been planted over 100 years ago and were harvest

84、ed to minimize earth disturbance.This is just one example of York Waters commitment to protecting the environment and support for environmental education in our community,both of which are foundational to our corporate mission.TIMBER DONATIONS TO HORN FARM CENTERT h e Y o r k W a t e r C o m p a n y

85、 2022 Annual ReportMatthew E.Poff,CPAChief Financial Officer and TreasurerMark A.Wheeler Chief Operating Officer and SecretaryMark S.Snyder,P.E.Vice President-EngineeringMolly E.HouckInvestor Relations and Communications AdministratorVernon L.Bracey Vice President-Customer ServiceAlexandra C.Chiarut

86、tini,Esq.Chief Administrative Officer and General CounselNatalee C.Gunderson,SHRM-CPVice President-Human ResourcesJoseph T.Hand President and Chief Executive Officer Martin L.Strine Operations ManagerOfficers&Key EmployeesA Pioneer for Future GenerationsPage 12In 2022,York Water celebrated Sharon Ma

87、rkeys retirement after 32 years of service to our customers,culminating as a Filter Plant Operator.Sharon was a pioneer at our Filter Plant when she started her career and has extended solid and reliable roots for future operators.Sharon was responsible for training and mentoring many of our operato

88、rs and technicians over the years.She always set an excellent example and the quality of our customers water and seamless service has much to do with Sharons work and experience.Happily retired in Florida,we send appreciation for her significant service to our customers and her colleagues.Sharon Mar

89、key Right:Sharon Markey is celebrated by President JT Hand and members of the Water Treatment Team and passes the baton to the new generation of operators and technicians that she helped mentor.SPRINGETTSBURYMANCHESTERMANCHESTEREASTMANCHESTERPARADISEJACKSONWESTFAIRVIEWMONAGHANCARROLLFRANKLINWARRINGT

90、ONWASHINGTONDOVERCONEWAGONEWBERRYYORKMOUNT WOLFHELLAMEASTFeltonWastewaterPROSPECTNORTHWESTYORKWINDSORYORKJACOBUSSEVENVALLEYSLOGANVILLESPRINGFIELDNORTHCODORUSJEFFERSONCODORUSSHREWSBURYGLENROCKNORTHHOPEWELLEASTHOPEWELLLOWERCHANCEFORDPEACH BOTTOMCHANCEFORDHOPEWELLSTEWARTSTOWNFAWNNEWSALEMGROVESPRINGHEID

91、ELBERGHANOVERPENNWEST MANHEIMMANHEIMYORKHAVENCountry ViewManorChartered Water TerritoryChartered Wastewater TerritoryChartered Water&Wastewater TerritoriesTYRONELATIMOREBENDERSVILLEMENALLENARENDTSVILLEBIGLERVILLEBUTLERFRANKLINSTRABANHUNTINGTONHAMILTONABBOTTSTOWNMCSHERRYSTOWNCONEWAGOBONNEAUVILLELITTL

92、ESTOWNUNIONGERMANYMOUNT JOYGETTYSBURGCUMBERLANDHIGHLANDHAMILTONBANFAIRFIELDLIBERTYFREEDOMNEW OXFORDOXFORDBERWICKREADINGYORKSPRINGSEASTBERLINMOUNTPLEASANTCARROLLVALLEYSHIPPENSBURGSOUTHAMPTONGREENELURGANORRSTOWNFANNETTMETALLETTERKENNYHAMILTONCHAMBERSBURGGUILFORDMONT ALTOWAYNESBOROWASHINGTONQUINCYST.TH

93、OMASPETERSMERCERSBURGMONTGOMERYGREENCASTLEANTRIMWARRENScott WaterY O R K C O U N T yF R A N K L I N C O U N T yA D A M S C O U N T yWater and Wastewater Chartered TerritoryThe York Water Company provides water and wastewater services to approximately 208,000 people in 54 municipalities in 3 counties across South Central Pennsylvania.County maps pictured above are not to scale.T h e Y o r k W a t e r C o m p a n y 2022 Annual ReportThe York Water Company130 East Market StreetYork,Pennsylvania 17401717-845-