The Martha’s Vineyard Land Bank reported revenues of $117,162 for the business week ending on Friday, August 21, 2015. 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 $65,662. Four transactions in Tisbury generated $28,300. One transaction earned $18,500 in Chilmark. And one transaction resulted in $4,700 in Oak Bluffs.

No eligible transactions were recorded in Aquinnah or 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.