The Martha’s Vineyard Land Bank reported revenues of $252,990 for the business week ending on Friday, Dec. 9, 2016. 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 Chilmark, where three transactions resulted in $153,700. One transaction earned $40,000 in Edgartown. Three transactions generated $27,890 in Oak Bluffs. Two transactions earned $27,500 in Aquinnah. And one transaction generated $3,900 in Tisbury.

No eligible transactions were recorded in West Tisbury.

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 3,243 acres of Vineyard land.