The purpose of this documentary study was to investigate the amount and allocation of public funding directed to the CBHb in the period between 2008 and 2016, in relation to the functions established to sports federations, by the Brazilian System of Sports. The main revenues of the entity were identified, and documents and accounts (e.g. e-SIC, ME e BOC) that contained the amounts of the onlendings were collected. Were considered only the values executed by the entity. In the period, CBHb executed R $ 129.6 million, which, although segmented, had as its main source the resources coming from state-owned companies (41%). For the most part, resources presented interruptions and significant variations in their onlendings, however, over the period, they suffered a significant increase, justified by the need to boost the Olympic preparation. The data pointed to an overlap in the use of financing policies regarding its application in elite sport and its areas of activity. It was identified the absence of a structured policy that guarantees the provision of sports activities in other spheres that, consequently, feed the elite sport. The policies developed have been characterized as actions that, although delaying the abandonment of sports, tend not to stimulate sports renewal. [ABSTRACT FROM AUTHOR]