diff --git a/CHANGELOG.md b/CHANGELOG.md
index 51a4e4e232..4f7bc3b2b1 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,14 @@
+### v1.16.0
+## What's Changed
+* Switch SAM validation [E3031](https://github.com/aws-cloudformation/cfn-python-lint/blob/main/docs/rules.md#E3031) to use pre-transform by @kddejong in https://github.com/aws-cloudformation/cfn-lint/pull/3726
+* Bring back stateful resources json by @kddejong in https://github.com/aws-cloudformation/cfn-lint/pull/3728
+* Update GetAtt type checking by @kddejong in https://github.com/aws-cloudformation/cfn-lint/pull/3731
+* Add `MinActiveInstancesPercent` to `AutoScalingRollingUpdate` by @kddejong in https://github.com/aws-cloudformation/cfn-lint/pull/3733
+* Update CloudFormation schemas to `2024-10-03` by @github-actions in https://github.com/aws-cloudformation/cfn-lint/pull/3732 and https://github.com/aws-cloudformation/cfn-lint/pull/3723
+* Update `requiredXor` for Vpc and Subnets by @kddejong in https://github.com/aws-cloudformation/cfn-lint/pull/3734
+
+**Full Changelog**: https://github.com/aws-cloudformation/cfn-lint/compare/v1.15.2...v1.15.3
+
 ### v1.15.2
 ## What's Changed
 * Exception for lambda authorizer uri by @kddejong in https://github.com/aws-cloudformation/cfn-lint/pull/3720
diff --git a/README.md b/README.md
index 2268a4334a..4ae0da81d6 100644
--- a/README.md
+++ b/README.md
@@ -342,7 +342,7 @@ If you'd like cfn-lint to be run automatically when making changes to files in y
 ```yaml
 repos:
   - repo: https://github.com/aws-cloudformation/cfn-lint
-    rev: v1.15.2 # The version of cfn-lint to use
+    rev: v1.16.0 # The version of cfn-lint to use
     hooks:
       - id: cfn-lint
         files: path/to/cfn/dir/.*\.(json|yml|yaml)$
@@ -353,7 +353,7 @@ If you are using a `.cfnlintrc` and specifying the `templates` or `ignore_templa
 ```yaml
 repos:
   - repo: https://github.com/aws-cloudformation/cfn-lint
-    rev: v1.15.2 # The version of cfn-lint to use
+    rev: v1.16.0 # The version of cfn-lint to use
     hooks:
       - id: cfn-lint-rc
 ```
diff --git a/src/cfnlint/version.py b/src/cfnlint/version.py
index ccc8e957f2..4a366a96f8 100644
--- a/src/cfnlint/version.py
+++ b/src/cfnlint/version.py
@@ -3,4 +3,4 @@
 SPDX-License-Identifier: MIT-0
 """
 
-__version__ = "1.15.2"
+__version__ = "1.16.0"