The decision relates to the adoption of a net revenue share agreement between Oxfordshire County Council and Oxford City Council with regards to the ZEZ Pilot scheme.

Payments from the ZEZ Pilot to the City will comprise repayment of all City’s net eligible historic costs, and payment of 50% share of net income (once running costs are deducted) for every year that the scheme is in operation, up until the date by which the expanded ZEZ scheme is expected to launch.

This agreement contributes to the improvement of local air quality and responds to the City Council’s current Climate Change commitments, as introduces a new revenue stream that the City Council can use to invest in sustainable transport-related projects for the city and its residents.

Income from the Pilot ZEZ Scheme will only be used to pay for its development and operation and to fund schemes that support the transport objectives of both councils, as the Transport Act 2000 requires that net proceeds are only used for schemes that facilitate the achievement of local transport policies.