COUNTY Hall’s latest local transport plan will be finalised next week.

The plan is the blueprint for traffic improvements until 2030. Its aim is to tackle congestion, support future housing developments and encourage inward investment to the county.

But due to cuts in public spending, only a proportion of projects included in the plan actually have funding to proceed.

Some of the plan’s major schemes — including the redesign of Frideswide Square in Oxford and a long-range park-and-ride site at Witney — could be years away from becoming a reality.

The county’s cabinet member for infrastructure Ian Hudspeth, pictured, said an increase in future funding levels for transport schemes would be dependent on an economic revival nationally.

He added: “If we don’t have these aspirations, then when the funding opportunities come along we will not be able to plug into them.

“We don’t want Oxfordshire to stagnate, we want it to grow, but we have to be realistic about it.”

Projects costing £40m are included in the plan and will go ahead in the next five years. They include the £2.5m resurfacing of Iffley Road in Oxford, the Cogges Link Road at Witney and upgrades to Didcot’s railway station forecourt. Improvements to city ring road junctions at Kennington, Hinksey Hill and Heyford Hill are also funded.

Asked if the Government was providing enough money to solve Oxfordshire’s transport problems, Tory councillor Mr Hudspeth said: “The Government are putting in the money available given the current economic climate.”