diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8893170f..611b2c93 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,23 @@
 # Changelog
 
+## [0.4.0](https://www.github.com/googleapis/java-billingbudgets/compare/v0.3.0...v0.4.0) (2020-07-10)
+
+
+### Features
+
+* **v1beta1:** added monitoring_notification_channels field to allow configuration of additional budget alert recipients ([#203](https://www.github.com/googleapis/java-billingbudgets/issues/203)) ([7b4c0a7](https://www.github.com/googleapis/java-billingbudgets/commit/7b4c0a72d0d9cc4a931606825a7c1a10cb45db15))
+
+
+### Bug Fixes
+
+* migrate to grpc_service_config ([#194](https://www.github.com/googleapis/java-billingbudgets/issues/194)) ([8fd3008](https://www.github.com/googleapis/java-billingbudgets/commit/8fd30085fef6a2a3f30c6f571bd8848eaea8e81d))
+
+
+### Dependencies
+
+* update dependency com.google.cloud:google-cloud-shared-dependencies to v0.8.2 ([#201](https://www.github.com/googleapis/java-billingbudgets/issues/201)) ([31140e9](https://www.github.com/googleapis/java-billingbudgets/commit/31140e9099a1534b92b2bbae6760b5cb0a2c4a31))
+* update dependency com.google.cloud:google-cloud-shared-dependencies to v0.8.3 ([#204](https://www.github.com/googleapis/java-billingbudgets/issues/204)) ([9903198](https://www.github.com/googleapis/java-billingbudgets/commit/9903198176cd469109b4f6f1cf8de48747bb644e))
+
 ## [0.3.0](https://www.github.com/googleapis/java-billingbudgets/compare/v0.2.4...v0.3.0) (2020-06-22)
 
 
diff --git a/README.md b/README.md
index f670474f..55eab6ae 100644
--- a/README.md
+++ b/README.md
@@ -50,11 +50,11 @@ If you are using Maven without BOM, add this to your dependencies:
 
 If you are using Gradle, add this to your dependencies
 ```Groovy
-compile 'com.google.cloud:google-cloud-billingbudgets:0.3.0'
+compile 'com.google.cloud:google-cloud-billingbudgets:0.4.0'
 ```
 If you are using SBT, add this to your dependencies
 ```Scala
-libraryDependencies += "com.google.cloud" % "google-cloud-billingbudgets" % "0.3.0"
+libraryDependencies += "com.google.cloud" % "google-cloud-billingbudgets" % "0.4.0"
 ```
 [//]: # ({x-version-update-end})
 
diff --git a/google-cloud-billingbudgets-bom/pom.xml b/google-cloud-billingbudgets-bom/pom.xml
index 4b00d457..1169357f 100644
--- a/google-cloud-billingbudgets-bom/pom.xml
+++ b/google-cloud-billingbudgets-bom/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-billingbudgets-bom</artifactId>
-  <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-billingbudgets:current} -->
+  <version>0.4.0</version><!-- {x-version-update:google-cloud-billingbudgets:current} -->
   <packaging>pom</packaging>
   <parent>
     <groupId>com.google.cloud</groupId>
@@ -63,17 +63,17 @@
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-billingbudgets-v1beta1</artifactId>
-        <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-billingbudgets-v1beta1:current} -->
+        <version>0.4.0</version><!-- {x-version-update:grpc-google-cloud-billingbudgets-v1beta1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-billingbudgets-v1beta1</artifactId>
-        <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-billingbudgets-v1beta1:current} -->
+        <version>0.4.0</version><!-- {x-version-update:proto-google-cloud-billingbudgets-v1beta1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-billingbudgets</artifactId>
-        <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-billingbudgets:current} -->
+        <version>0.4.0</version><!-- {x-version-update:google-cloud-billingbudgets:current} -->
       </dependency>
     </dependencies>
   </dependencyManagement>
diff --git a/google-cloud-billingbudgets/pom.xml b/google-cloud-billingbudgets/pom.xml
index 620647cc..74e80e29 100644
--- a/google-cloud-billingbudgets/pom.xml
+++ b/google-cloud-billingbudgets/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-billingbudgets</artifactId>
-  <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-billingbudgets:current} -->
+  <version>0.4.0</version><!-- {x-version-update:google-cloud-billingbudgets:current} -->
   <packaging>jar</packaging>
   <name>Google Cloud billingbudgets</name>
   <url>https://github.com/googleapis/java-billingbudgets</url>
@@ -11,7 +11,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-billingbudgets-parent</artifactId>
-    <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-billingbudgets:current} -->
+    <version>0.4.0</version><!-- {x-version-update:google-cloud-billingbudgets:current} -->
   </parent>
   <properties>
     <site.installationModule>google-cloud-billingbudgets</site.installationModule>
diff --git a/grpc-google-cloud-billingbudgets-v1beta1/pom.xml b/grpc-google-cloud-billingbudgets-v1beta1/pom.xml
index 10b94e5f..d96bd3fe 100644
--- a/grpc-google-cloud-billingbudgets-v1beta1/pom.xml
+++ b/grpc-google-cloud-billingbudgets-v1beta1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>grpc-google-cloud-billingbudgets-v1beta1</artifactId>
-  <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-billingbudgets-v1beta1:current} -->
+  <version>0.4.0</version><!-- {x-version-update:grpc-google-cloud-billingbudgets-v1beta1:current} -->
   <name>grpc-google-cloud-billingbudgets-v1beta1</name>
   <description>GRPC library for grpc-google-cloud-billingbudgets-v1beta1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-billingbudgets-parent</artifactId>
-    <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-billingbudgets:current} -->
+    <version>0.4.0</version><!-- {x-version-update:google-cloud-billingbudgets:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/pom.xml b/pom.xml
index 18b62c56..67e2aa64 100644
--- a/pom.xml
+++ b/pom.xml
@@ -4,7 +4,7 @@
   <groupId>com.google.cloud</groupId>
   <artifactId>google-cloud-billingbudgets-parent</artifactId>
   <packaging>pom</packaging>
-  <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-billingbudgets:current} -->
+  <version>0.4.0</version><!-- {x-version-update:google-cloud-billingbudgets:current} -->
   <name>Google Cloud Billing Budgets Parent</name>
   <url>https://github.com/googleapis/java-billingbudgets</url>
   <description>
@@ -70,17 +70,17 @@
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>proto-google-cloud-billingbudgets-v1beta1</artifactId>
-        <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-billingbudgets-v1beta1:current} -->
+        <version>0.4.0</version><!-- {x-version-update:proto-google-cloud-billingbudgets-v1beta1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.api.grpc</groupId>
         <artifactId>grpc-google-cloud-billingbudgets-v1beta1</artifactId>
-        <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:grpc-google-cloud-billingbudgets-v1beta1:current} -->
+        <version>0.4.0</version><!-- {x-version-update:grpc-google-cloud-billingbudgets-v1beta1:current} -->
       </dependency>
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-billingbudgets</artifactId>
-        <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-billingbudgets:current} -->
+        <version>0.4.0</version><!-- {x-version-update:google-cloud-billingbudgets:current} -->
       </dependency>
 
       <dependency>
diff --git a/proto-google-cloud-billingbudgets-v1beta1/pom.xml b/proto-google-cloud-billingbudgets-v1beta1/pom.xml
index f7b232e3..75608411 100644
--- a/proto-google-cloud-billingbudgets-v1beta1/pom.xml
+++ b/proto-google-cloud-billingbudgets-v1beta1/pom.xml
@@ -4,13 +4,13 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.google.api.grpc</groupId>
   <artifactId>proto-google-cloud-billingbudgets-v1beta1</artifactId>
-  <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:proto-google-cloud-billingbudgets-v1beta1:current} -->
+  <version>0.4.0</version><!-- {x-version-update:proto-google-cloud-billingbudgets-v1beta1:current} -->
   <name>proto-google-cloud-billingbudgets-v1beta1</name>
   <description>PROTO library for proto-google-cloud-billingbudgets-v1beta1</description>
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-billingbudgets-parent</artifactId>
-    <version>0.3.1-SNAPSHOT</version><!-- {x-version-update:google-cloud-billingbudgets:current} -->
+    <version>0.4.0</version><!-- {x-version-update:google-cloud-billingbudgets:current} -->
   </parent>
   <dependencies>
     <dependency>
diff --git a/versions.txt b/versions.txt
index 46087501..79b0c87a 100644
--- a/versions.txt
+++ b/versions.txt
@@ -1,6 +1,6 @@
 # Format:
 # module:released-version:current-version
 
-proto-google-cloud-billingbudgets-v1beta1:0.3.0:0.3.1-SNAPSHOT
-grpc-google-cloud-billingbudgets-v1beta1:0.3.0:0.3.1-SNAPSHOT
-google-cloud-billingbudgets:0.3.0:0.3.1-SNAPSHOT
+proto-google-cloud-billingbudgets-v1beta1:0.4.0:0.4.0
+grpc-google-cloud-billingbudgets-v1beta1:0.4.0:0.4.0
+google-cloud-billingbudgets:0.4.0:0.4.0