摘要：The objective of this research is to analyze the relationship between the transfers of state and federal resources on developing the municipalities of Santa Catarina. The research was classified as descriptive, with procedures that characterize it as a documentary, with data from the state fund transfers (ICMS) and federal (FUNDEB and FPM) received by the 293 municipalities of Santa Catarina from 2008 to 2011. As for approach, the research was characterized as quantitative, using multiple linear regression. The main results of the research demonstrate a relationship between the development of municipalities and fundraising. And, also demonstrated that the fact that a greater amount of resources implies having a greater IFDM. Several municipalities with large resource inputs had a value of IFDM (2012) lower than its position in revenue ranking, however the scenarios projected for 2013 and 2014 the ranking positions have an increased bias, which is, began to improve.
