diff --git a/pom.xml b/pom.xml
index 14e3aae3..ffe27cb8 100644
--- a/pom.xml
+++ b/pom.xml
@@ -23,7 +23,7 @@
     <version>74</version>
   </parent>
   <artifactId>commons-csv</artifactId>
-  <version>1.11.1-SNAPSHOT</version>
+  <version>1.12.0-SNAPSHOT</version>
   <name>Apache Commons CSV</name>
   <url>https://commons.apache.org/proper/commons-csv/</url>
   <inceptionYear>2005</inceptionYear>
@@ -161,12 +161,12 @@
   </distributionManagement>
 
   <properties>
-    <commons.release.version>1.11.0</commons.release.version>
+    <commons.release.version>1.12.0</commons.release.version>
     <commons.release.desc>(Java 8 or above)</commons.release.desc>
     <!-- The RC version used in the staging repository URL. -->
     <commons.rc.version>RC1</commons.rc.version>
-    <commons.bc.version>1.10.0</commons.bc.version>
-    <commons.release.next>1.11.1</commons.release.next>
+    <commons.bc.version>1.11.0</commons.bc.version>
+    <commons.release.next>1.12.1</commons.release.next>
     <commons.componentid>csv</commons.componentid>
     <commons.module.name>org.apache.commons.csv</commons.module.name>
     <commons.jira.id>CSV</commons.jira.id>
diff --git a/src/changes/changes.xml b/src/changes/changes.xml
index 36b5c6fd..1fdf448e 100644
--- a/src/changes/changes.xml
+++ b/src/changes/changes.xml
@@ -40,7 +40,7 @@
     <title>Apache Commons CSV Release Notes</title>
   </properties>
   <body>
-    <release version="1.11.1" date="YYYY-MM-DD" description="Feature and bug fix release (Java 8 or above)">
+    <release version="1.12.0" date="YYYY-MM-DD" description="Feature and bug fix release (Java 8 or above)">
       <!-- ADD -->
       <action type="add" issue="CSV-270" dev="ggregory" due-to="Gary Gregory">Add CSVException that extends IOException thrown on invalid input instead of IOException.</action>
       <!-- FIX -->
