The Martha’s Vineyard Land Bank reported revenues of $187,294 for the business week ending on Friday, April 28, 2017. 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 five transactions resulted in $55,876. Six transactions earned $53,160 in Oak Bluffs. Two transactions resulted in $51,000 in West Tisbury. And four transactions generated $27,258 in Tisbury.

No eligible transactions were recorded in Aquinnah or 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 3,243 acres of Vineyard land.