diff --git a/CHANGELOG.md b/CHANGELOG.md
index 4af5032334..28ca7b5f0a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,22 @@ All notable changes to this project will be documented in this file.
 
 <!-- <START NEW CHANGELOG ENTRY> -->
 
+## 1.23.1
+
+([Full Changelog](https://github.com/jupyter-server/jupyter_server/compare/v1.23.0...0d8a17939615eafe7a38fb417b7559f4ec6ccf03))
+
+### Maintenance and upkeep improvements
+
+- Handle jupyter core warning [#1062](https://github.com/jupyter-server/jupyter_server/pull/1062) ([@blink1073](https://github.com/blink1073))
+
+### Contributors to this release
+
+([GitHub contributors page for this release](https://github.com/jupyter-server/jupyter_server/graphs/contributors?from=2022-11-07&to=2022-11-09&type=c))
+
+[@blink1073](https://github.com/search?q=repo%3Ajupyter-server%2Fjupyter_server+involves%3Ablink1073+updated%3A2022-11-07..2022-11-09&type=Issues) | [@codecov-commenter](https://github.com/search?q=repo%3Ajupyter-server%2Fjupyter_server+involves%3Acodecov-commenter+updated%3A2022-11-07..2022-11-09&type=Issues)
+
+<!-- <END NEW CHANGELOG ENTRY> -->
+
 ## 1.23.0
 
 ([Full Changelog](https://github.com/jupyter-server/jupyter_server/compare/v1.21.0...16953940a16762329ef8f26c8c6d13a91defe0d3))
@@ -22,8 +38,6 @@ All notable changes to this project will be documented in this file.
 
 [@blink1073](https://github.com/search?q=repo%3Ajupyter-server%2Fjupyter_server+involves%3Ablink1073+updated%3A2022-10-11..2022-11-07&type=Issues) | [@codecov-commenter](https://github.com/search?q=repo%3Ajupyter-server%2Fjupyter_server+involves%3Acodecov-commenter+updated%3A2022-10-11..2022-11-07&type=Issues) | [@divyansshhh](https://github.com/search?q=repo%3Ajupyter-server%2Fjupyter_server+involves%3Adivyansshhh+updated%3A2022-10-11..2022-11-07&type=Issues)
 
-<!-- <END NEW CHANGELOG ENTRY> -->
-
 ## 1.21.0
 
 ([Full Changelog](https://github.com/jupyter-server/jupyter_server/compare/v1.19.1...2f529bf5d1f8c68a6b7193f474c9ba025111d743))
diff --git a/docs/source/conf.py b/docs/source/conf.py
index fbcf0e834e..d1d7be885e 100644
--- a/docs/source/conf.py
+++ b/docs/source/conf.py
@@ -107,7 +107,7 @@
 # |version| and |release|, also used in various other places throughout the
 # built documents.
 #
-__version__ = "1.24.0.dev0"
+__version__ = "1.23.1"
 # The short X.Y version.
 version_parsed = parse_version(__version__)
 version = f"{version_parsed.major}.{version_parsed.minor}"
diff --git a/jupyter_server/_version.py b/jupyter_server/_version.py
index da555b140b..f59134c1ac 100644
--- a/jupyter_server/_version.py
+++ b/jupyter_server/_version.py
@@ -2,5 +2,5 @@
 store the current version info of the server.
 
 """
-version_info = (1, 24, 0, ".dev", "0")
+version_info = (1, 23, 1, "", "")
 __version__ = ".".join(map(str, version_info[:3])) + "".join(version_info[3:])
diff --git a/pyproject.toml b/pyproject.toml
index cdbc3165e3..561638e821 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -35,7 +35,7 @@ skip = ["check-links"]
 post-version-spec = "dev"
 
 [tool.tbump.version]
-current = "1.24.0.dev0"
+current = "1.23.1"
 regex = '''
   (?P<major>\d+)\.(?P<minor>\d+)\.(?P<patch>\d+)
   ((?P<channel>a|b|rc|.dev)(?P<release>\d+))?