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 2019 - 20 was set at £66.31 per annum at the Full Council Meeting held on 8th January 2019. This was an increase of £11.05 per year on the 2018/19 rate which equates to 21 pence per week.

The actual amounts paid by each council tax band are:

Band A             £43.93

Band B             £51.26

Band C             £58.57

Band D             £65.90

Band E             £80.54

Band F             £95.19

Band G            £109.83

Band H            £131.80