Covingham Parish Council is funded by a Precept. This is an element of the Council Tax collected by Swindon Borough Council and then passed to the Parish Council to provide services within the Parish. The amount for a Band D equivalent house for 2020 - 21 was set at £72.16 per annum at the Full Council Meeting held on 6th January 2020. This was an increase of £5.85 per year on the 2019/20 rate which equates to 11 pence per week.

The actual amounts paid by each council tax band are:

Band A            £48.11

Band B            £56.12

Band C            £64.14

Band D            £72.16

Band E            £88.19

Band F            £104.23

Band G           £120.27

Band H           £144.32