diff --git a/NEWS.md b/NEWS.md
index 0c2fe00..c70f87f 100644
--- a/NEWS.md
+++ b/NEWS.md
@@ -1,3 +1,12 @@
+## 3.1.0 2026-04-16
+* [MODEUR-162](https://issues.folio.org/browse/MODEUR-162) Uses Java 21
+* [MODEUR-164](https://issues.folio.org/browse/MODEUR-164) Uses Vert.x 5, vertx lib 4, okapi 7
+* [MODORDSTOR-448](https://issues.folio.org/browse/MODORDSTOR-448) Requires `order-lines` `3.0 4.0`
+* [MODEUR-165](https://issues.folio.org/browse/MODEUR-165) Supports counter-reports interface version 5.0
+* [MODEUR-178](https://issues.folio.org/browse/MODEUR-178) Includes statistics for titles with no year of publication
+* [MODEUR-175](https://issues.folio.org/browse/MODEUR-175) Fixes multiplication of usage counts by number of invoices
+* [MODEUR-176](https://issues.folio.org/browse/MODEUR-176) Excludes cancelled invoices from subscription costs
+
 ## 3.0.0 2024-10-31
 * [APPDESCRIP-28](https://folio-org.atlassian.net/browse/APPDESCRIP-28) Update erm-usage/files interface id to be valid for Eureka platform
 * [MODEUR-157](https://folio-org.atlassian.net/browse/MODEUR-157) Support finance-storage.transactions 5.0
diff --git a/pom.xml b/pom.xml
index dfd27ce..fccc43b 100644
--- a/pom.xml
+++ b/pom.xml
@@ -2,7 +2,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>org.folio</groupId>
   <artifactId>mod-eusage-reports</artifactId>
-  <version>3.1.0-SNAPSHOT</version>
+  <version>3.1.1-SNAPSHOT</version>
   <packaging>jar</packaging>
 
   <name>eUsage Reports</name>