diff --git a/pom.xml b/pom.xml
index 47b58589..75ac18f6 100644
--- a/pom.xml
+++ b/pom.xml
@@ -8,7 +8,7 @@
   <parent>
     <groupId>com.fasterxml.jackson</groupId>
     <artifactId>jackson-base</artifactId>
-    <version>2.16.1-SNAPSHOT</version>
+    <version>2.16.1</version>
   </parent>
   <groupId>com.fasterxml.jackson.module</groupId>
   <artifactId>jackson-module-jsonSchema-parent</artifactId>
diff --git a/release-notes/VERSION b/release-notes/VERSION
index 866f1c95..6511d550 100644
--- a/release-notes/VERSION
+++ b/release-notes/VERSION
@@ -4,6 +4,7 @@ Project: jackson-module-jsonSchema
 === Releases ===
 ------------------------------------------------------------------------
 
+2.16.1 (24-Dec-2023)
 2.16.0 (15-Nov-2023)
 
 No changes since 2.15