The concept of new and regenerated production has been used extensively in marine ecosystems but rarely in freshwaters. We assessed the relative importance of new and regenerated phosphorus (P) in sustaining phytoplankton production in Acton Lake, a eutrophic reservoir located in southwestern Ohio, USA. Sources of nutrients to the euphotic zone, including watershed loading, fluxes from sediments, and excretion by sediment-feeding fish (gizzard shad, Dorosoma cepedianum ), were considered sources of new P input that support new primary production and were quantified over the course of a growing season. Regenerated production was estimated by the difference between new and total primary production. New production represented 32%-53% of total primary production, whereas regenerated production represented 47%-68% of total primary production. P excretion by gizzard shad supplied 45%-74% of new P and 24% of P required for total production. In summary, fluxes of P from the watershed and those from sediment-feeding fish need to be considered in strategies to reduce eutrophication in reservoir ecosystems.