The Martha’s Vineyard Land Bank reported revenues of $302,140 for the business week ending on Friday, Sept. 19, 2014. The land bank receives its funds from a two per cent fee charged on many Vineyard real estate transactions.

Much of the land bank revenue last week came from the town of Oak Bluffs, where five transactions resulted in $91,180. Three transactions in West Tisbury generated $88,400. Two transactions yielded $64,300 in Edgartown. Three transactions in Tisbury resulted in $30,040, one transaction generated $22,000 in Aquinnah, and one transaction earned $6,220 in Chilmark.

The land bank uses its revenues to purchase and manage land for purposes of conservation, preservation and passive recreation. To date the agency has participated in the purchase of more than 3,132 acres of Vineyard land.