diff --git a/nexus/db-model/src/schema.rs b/nexus/db-model/src/schema.rs
index afcc68af0ef..99fe41ba34d 100644
--- a/nexus/db-model/src/schema.rs
+++ b/nexus/db-model/src/schema.rs
@@ -13,7 +13,7 @@ use omicron_common::api::external::SemverVersion;
 ///
 /// This should be updated whenever the schema is changed. For more details,
 /// refer to: schema/crdb/README.adoc
-pub const SCHEMA_VERSION: SemverVersion = SemverVersion::new(30, 0, 0);
+pub const SCHEMA_VERSION: SemverVersion = SemverVersion::new(31, 0, 0);
 
 table! {
     disk (id) {
diff --git a/schema/crdb/30.0.0/up.sql b/schema/crdb/31.0.0/up.sql
similarity index 100%
rename from schema/crdb/30.0.0/up.sql
rename to schema/crdb/31.0.0/up.sql
diff --git a/schema/crdb/30.0.0/up1.sql b/schema/crdb/31.0.0/up1.sql
similarity index 100%
rename from schema/crdb/30.0.0/up1.sql
rename to schema/crdb/31.0.0/up1.sql
diff --git a/schema/crdb/dbinit.sql b/schema/crdb/dbinit.sql
index 47b80ede2d8..5db1c98f140 100644
--- a/schema/crdb/dbinit.sql
+++ b/schema/crdb/dbinit.sql
@@ -3442,7 +3442,7 @@ INSERT INTO omicron.public.db_metadata (
     version,
     target_version
 ) VALUES
-    ( TRUE, NOW(), NOW(), '30.0.0', NULL)
+    ( TRUE, NOW(), NOW(), '31.0.0', NULL)
 ON CONFLICT DO NOTHING;
 
 COMMIT;