<SUBMISSION>
<ACCESSION-NUMBER>0000863110-01-500028
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20010619
<ITEMS>1
<FILING-DATE>20010619
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>ARTESIAN RESOURCES CORP
<CIK>0000863110
<ASSIGNED-SIC>4941
<IRS-NUMBER>510002090
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>000-18516
<FILM-NUMBER>1663349
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>664 CHURCHMANS RD
<CITY>NEWARK
<STATE>DE
<ZIP>19702
<PHONE>3024536900
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>664 CHURCHMANS RD
<CITY>NEWARK
<STATE>DE
<ZIP>19702
</MAIL-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>k8jun19.htm
<DESCRIPTION>8-K RATE CASE SETTLEMENT
<TEXT>

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<P ALIGN="CENTER">UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549</P>
<P ALIGN="CENTER">FORM 8-K</P>
<B><P ALIGN="CENTER">CURRENT REPORT</P>
</B><P ALIGN="CENTER">PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES<BR>
EXCHANGE ACT OF 1934</P>
<P ALIGN="CENTER">Date of Report (Date of earliest event reported) June 19, 2001</P>
<P ALIGN="CENTER">Commission file number 0-18516</P>
<B><P ALIGN="CENTER">ARTESIAN RESOURCES CORPORATION<BR>
</B>(exact name of registrant as specified in its charter)</P>
<P ALIGN="CENTER">State or other jurisdiction of incorporation or organization: Delaware</P>
<P ALIGN="CENTER">I.R.S. Employer Identification Number: 51-0002090</P>
<P ALIGN="CENTER">Address of principal executive offices: 664 Churchmans Road,<BR>
Newark, Delaware Zip Code: 19702</P>
<P ALIGN="CENTER">Registrant's telephone number, including area code: (302) 453-6900</P>
<P ALIGN="CENTER">&nbsp;</P>
<P>&nbsp;</P>
<B><P>ARTESIAN RESOURCES CORPORATION</P>
<P>Item 5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other Events</P>
</B><P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On June 19, 2001, the Delaware Public Service Commission ("DPSC") approved a settlement that Artesian Water entered into with Staff of the Delaware Public Service Commission ("Staff") and the Division of
the Public Advocate ("DPA") on June 6, 2001. The parties' stipulated agreement provides for an additional $3.7 million in annualized revenues and an allowed return on equity of 10.5%. The Settlement agreement was reviewed by the Hearing Examiner in the
case, who then submitted a recommendation for approval to the DPSC. Rates reflecting the approved revenue level will be implemented for service rendered effective July 1, 2001. Rates currently reflect temporary rate revenue of $2.5 million in annualized
revenues, which was implemented February 3, 2001, as approved by the DPSC. Therefore, approximately $1.2 million in additional annualized revenue will be reflected in rates for service beginning July 1, 2001.</P>
<B><P>SIGNATURES</P>
</B><P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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.</P>
<B><P ALIGN="CENTER">ARTESIAN RESOURCES CORPORATION</P>
</B><U><P ALIGN="CENTER">6/19/01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/Dian C. Taylor&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
</U><P ALIGN="CENTER">Dian C. Taylor</P>
<P ALIGN="CENTER">President, CEO, and Chair of the Board</P>
<P ALIGN="CENTER">Artesian Resources Corporation and Subsidiaries</P>
<P ALIGN="CENTER">&nbsp;</P>
<U><P ALIGN="CENTER">6/19/01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/David B. Spacht&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>
</U><P ALIGN="CENTER">David B. Spacht</P>
<P ALIGN="CENTER">Vice President, Chief Financial Officer, and Treasurer</P>
<P ALIGN="CENTER">Artesian Resources Corporation and Subsidiaries</P>
<P ALIGN="CENTER">Form 8K </P></BODY>
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