diff --git a/CHANGELOG.md b/CHANGELOG.md
index faead23..e50d4a8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,4 +1,11 @@
 # Changelog
+## [1.4.0](https://www.github.com/googleapis/python-billingbudgets/compare/v1.3.0...v1.4.0) (2021-07-12)
+
+
+### Features
+
+* bump release level to production/stable ([#97](https://www.github.com/googleapis/python-billingbudgets/issues/97)) ([7a7080f](https://www.github.com/googleapis/python-billingbudgets/commit/7a7080fa3a50d4bf211123bfabc7cbf47946474b))
+
 ## [1.3.0](https://www.github.com/googleapis/python-billingbudgets/compare/v1.2.0...v1.3.0) (2021-06-30)
 
 
diff --git a/setup.py b/setup.py
index 4888be3..40ab4a3 100644
--- a/setup.py
+++ b/setup.py
@@ -22,7 +22,7 @@
 
 name = "google-cloud-billing-budgets"
 description = "Cloud Billing Budget API API client library"
-version = "1.3.0"
+version = "1.4.0"
 release_status = "Development Status :: 5 - Production/Stable"
 dependencies = [
     "google-api-core[grpc] >= 1.26.0, <2.0.0dev",