diff --git a/src/town_cmd.cpp b/src/town_cmd.cpp
--- a/src/town_cmd.cpp
+++ b/src/town_cmd.cpp
@@ -2469,6 +2469,9 @@ static CommandCost TownActionAdvertiseLa
 
 static CommandCost TownActionRoadRebuild(Town *t, DoCommandFlag flags)
 {
+	/* Check if the company is allowed to fund new roads. */
+	if (!_settings_game.economy.fund_roads) return CMD_ERROR;
+
 	if (flags & DC_EXEC) {
 		t->road_build_months = 6;
 
@@ -2639,6 +2642,9 @@ uint GetMaskOfTownActions(int *nump, Com
 			/* Is the company not able to buy exclusive rights ? */
 			if (cur == TACT_BUY_RIGHTS && !_settings_game.economy.exclusive_rights) continue;
 
+			/* Is the company not able to fund local road reconstruction? */
+			if (cur == TACT_ROAD_REBUILD && !_settings_game.economy.fund_roads) continue;
+
 			/* Is the company not able to build a statue ? */
 			if (cur == TACT_BUILD_STATUE && HasBit(t->statues, cid)) continue;