Danish to English Other Education / Pedagogy higher education financing

Example: ..., mens 1,3 mio. kr. viderefoeres til anvendelse i senare år. The term also appears in a table list.
This is part of the annual accounts for Danmarks Biblioteksskole, and I'm wondering if anyone knows whether it should be translated as 'continue' (or similar), or simply 'carried forward' - i.e. for further use later on. It's talking about funds that will be used for research, etc. at later times, and 'carried forward' is another term in Danish anyway.
Advice appreciated.
Thanks,
Helen