An equity account reflecting the accumulated earnings of an enterprise fund, which may be used to fund capital improvements, reimburse the general fund for prior-year subsidies, reduce user charges, or provide for enterprise revenue deficits (operating losses). For more information from the Massachusetts Department of Revenue, click here (Retained Earnings are located within the same report as Free Cash).
Please note: Retained Earnings Reports are not available from MA DOR prior to 2014.