diff --git a/src/date.cpp b/src/date.cpp
--- a/src/date.cpp
+++ b/src/date.cpp
@@ -233,10 +233,10 @@ static void OnNewMonth()
 
 	SetWindowClassesDirty(WC_CHEATS);
 	CompaniesMonthlyLoop();
-	SubsidyMonthlyLoop();
 	EnginesMonthlyLoop();
 	TownsMonthlyLoop();
 	IndustryMonthlyLoop();
+	SubsidyMonthlyLoop();
 	StationMonthlyLoop();
 #ifdef ENABLE_NETWORK
 	if (_network_server) NetworkServerMonthlyLoop();