diff --git a/pom.xml b/pom.xml
index 991d414e..a4b776a5 100644
--- a/pom.xml
+++ b/pom.xml
@@ -4,7 +4,7 @@
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-shared-dependencies</artifactId>
   <packaging>pom</packaging>
-  <version>0.16.0</version><!-- {x-version-update:google-cloud-shared-dependencies:current} -->
+  <version>0.16.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-shared-dependencies:current} -->
   <name>Google Cloud Shared Dependencies</name>
   <url>https://github.com/googleapis/java-shared-dependencies</url>
   <description>
diff --git a/versions.txt b/versions.txt
index 45ffaaaf..94fbc8d5 100644
--- a/versions.txt
+++ b/versions.txt
@@ -1,4 +1,4 @@
 # Format:
 # module:released-version:current-version
 
-google-cloud-shared-dependencies:0.16.0:0.16.0
\ No newline at end of file
+google-cloud-shared-dependencies:0.16.0:0.16.1-SNAPSHOT
\ No newline at end of file