diff --git a/R/db_applications.R b/R/db_applications.R
index 980b522..8aa6e00 100644
--- a/R/db_applications.R
+++ b/R/db_applications.R
@@ -357,7 +357,9 @@ MNR.DB.Applications <- R6::R6Class(
         # Work out what the closeout closeout year should be
         dplyr::mutate(
           closeout_year = as.Date(paste(
-            lubridate::year(pmax(start_date, closed_at, na.rm = TRUE)),
+            lubridate::year(
+              pmax(start_date, last_closeout_at, closed_at, na.rm = TRUE)
+            ),
             12L,
             31L,
             sep = "-"