diff --git a/CHANGELOG.md b/CHANGELOG.md
index 87111de378b8..21512b2194c4 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -9,6 +9,18 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ### Added
 
+### Changed
+
+### Fixed
+
+### Removed
+
+### Deprecated
+
+## [2.47.0] - 2024-06-24
+
+### Added
+
 - Add new option to `Regrid_Util.x` to write and re-use ESMF pregenerated weights
 - If file path length exceeds `ESMF_MAXSTR`, add `_FAIL` in subroutine fglob
 - Add GNU UFS-like CI test
@@ -27,6 +39,7 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
   - Add new category of `SLOW` tests that take 10-30 seconds and remove them from the `ESSENTIAL`
     label run in CI
   - Remove ExtData1G tests from `ESSENTIAL` label, but run them in the UFS-like CI test
+- Improved timing for station sampler with GHCNd input: used LocStream with CS background, LS with uniform distributed points, and `MPI_GatherV`
 
 ### Fixed
 
@@ -34,10 +47,6 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 - Fixes for NVHPC 24.5
   - Convert `MAPL_GeosatMaskMod` to "interface-in-both-files" submodule style
 
-### Removed
-
-### Deprecated
-
 ## [2.46.2] - 2024-05-31
 
 ### Removed
diff --git a/CMakeLists.txt b/CMakeLists.txt
index b2bd7cd2619a..5fdc64dc96b7 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -8,7 +8,7 @@ endif ()
 
 project (
   MAPL
-  VERSION 2.46.2
+  VERSION 2.47.0
   LANGUAGES Fortran CXX C)  # Note - CXX is required for ESMF
 
 # Set the possible values of build type for cmake-gui