The Martha’s Vineyard Land Bank reported revenues of $137,732 for the business week ending on Friday, Dec. 16, 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 Edgartown, where three transactions resulted in $74,000. One transaction earned $44,300 in West Tisbury. Two transactions generated $10,580 in Tisbury. One transaction earned $6,375 in Chilmark. One transaction resulted in $2,200 in Aquinnah. And one transaction earned $277 in Oak Bluffs.

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.