Epsom and Ewell Borough councillors have confirmed the authority’s contribution of £1.25 million towards the project.
The cash is coming from the Community Infrastructure Levy which developers pay when building in the borough.
The funding will match the £1.35m that Surrey County Council has already committed to the project.
It means improvements, which include the introduction of new pedestrian crossings, can go ahead as planned in 2026.
The plans were finalised earlier this year, following several public exhibitions and consultations which received over 1,400 responses.
Matt Furniss, Cabinet Member for Highways, Transport and Economic Growth, Surrey County Council said, “It’s great news that Epsom and Ewell Borough Council have agreed their funding contribution to this important project. Now that all necessary funding is in place, we are in a good position to deliver this work as planned in 2026. Delivering these improvements to Ewell Village will bring about much needed safety enhancements to the High Street, whilst still allowing vehicle access. We know this was important for many local people and believe the plans deliver necessary change, whilst reflecting what the community want in their village.”
Councillor Clive Woodbridge, Chair of the Community and Wellbeing Committee, Epsom & Ewell Borough Council, said: “I’m very pleased that we can support this substantial infrastructure project which will hugely benefit residents, businesses, and visitors to Ewell Village.
This project shows partnership working at its best. I would like to thank Surrey County Council for working so diligently with our residents and businesses to ensure that the planned improvements are tailored to their needs, and that Ewell Village maintains its unique, and historical, characteristics for many years to come, whilst improving accessibility and safety throughout the village.”