diff --git a/penalties/pom.xml b/penalties/pom.xml
index c029cf5..71d252a 100644
--- a/penalties/pom.xml
+++ b/penalties/pom.xml
@@ -5,11 +5,11 @@
   <parent>
     <groupId>edu.nyu.sdg</groupId>
     <artifactId>sdg-parent</artifactId>
-    <version>1.0-SNAPSHOT</version>
+    <version>1.0</version>
   </parent>
 
   <artifactId>pace-app</artifactId>
-  <version>1.0-SNAPSHOT</version>
+  <version>v.1.0</version>
   <name>pace-app</name>
   <description>PACE lending application</description>
 
diff --git a/pom.xml b/pom.xml
index d5ec281..f0f6fe0 100644
--- a/pom.xml
+++ b/pom.xml
@@ -4,7 +4,7 @@
 
   <groupId>edu.nyu.sdg</groupId>
   <artifactId>sdg-parent</artifactId>
-  <version>1.0-SNAPSHOT</version>
+  <version>1.0</version>
   <packaging>pom</packaging>
   <name>sdg-parent</name>
   <description>SDG Initiative Parent POM</description>
@@ -21,11 +21,8 @@
     <project.reporting.outputEncoding>UTF-8</project.reporting.outputEncoding>
 
     <kotlin.code.style>official</kotlin.code.style>
-    <kotlin.compiler.apiVersion>1.4</kotlin.compiler.apiVersion>
     <kotlin.compiler.incremental>false</kotlin.compiler.incremental>
     <kotlin.compiler.jvmTarget>11</kotlin.compiler.jvmTarget>
-    <kotlin.compiler.languageVersion>1.4</kotlin.compiler.languageVersion>
-    <kotlin.version>1.4.0</kotlin.version>
 
     <version.commons-collections4>4.4</version.commons-collections4>
     <version.commons-csv>1.4</version.commons-csv>
@@ -36,15 +33,13 @@
     <version.hikari>3.3.1</version.hikari>
     <version.jackson>2.11.0</version.jackson>
     <version.kotlin-format>0.18</version.kotlin-format>
-    <version.kotlin.coroutines>1.3.7</version.kotlin.coroutines>
-    <version.kotlin.resilience4j>1.5.0</version.kotlin.resilience4j>
+    <version.kotlin>1.5.0</version.kotlin>
     <version.mvn.git-commit-id-plugin>4.0.3</version.mvn.git-commit-id-plugin>
     <version.mvn.sorter>2.13.1</version.mvn.sorter>
     <version.mvn.spotless.google>1.7</version.mvn.spotless.google>
     <version.mvn.spotless.ktfmt>0.18</version.mvn.spotless.ktfmt>
     <version.mvn.spotless>2.7.0</version.mvn.spotless>
     <version.postgresql>42.2.9</version.postgresql>
-    <version.resilience4j-kotlin>1.5.0</version.resilience4j-kotlin>
     <version.spotless-maven-plugin>1.27.0</version.spotless-maven-plugin>
     <version.spring-boot>2.3.3.RELEASE</version.spring-boot>
     <version.spring>5.2.8.RELEASE</version.spring>
@@ -81,7 +76,7 @@
       <dependency>
         <groupId>io.github.resilience4j</groupId>
         <artifactId>resilience4j-kotlin</artifactId>
-        <version>${version.kotlin.resilience4j}</version>
+        <version>${version.kotlin}</version>
       </dependency>
 
       <dependency>
@@ -105,19 +100,19 @@
       <dependency>
         <groupId>org.jetbrains.kotlin</groupId>
         <artifactId>kotlin-stdlib</artifactId>
-        <version>${kotlin.version}</version>
+        <version>${version.kotlin}</version>
       </dependency>
 
       <dependency>
         <groupId>org.jetbrains.kotlinx</groupId>
         <artifactId>kotlinx-coroutines-core</artifactId>
-        <version>${version.kotlin.coroutines}</version>
+        <version>${version.kotlin}</version>
       </dependency>
 
       <dependency>
         <groupId>org.jetbrains.kotlinx</groupId>
         <artifactId>kotlinx-coroutines-reactor</artifactId>
-        <version>${version.kotlin.coroutines}</version>
+        <version>${version.kotlin}</version>
       </dependency>
 
       <dependency>
@@ -244,7 +239,7 @@
         <plugin>
           <groupId>org.jetbrains.kotlin</groupId>
           <artifactId>kotlin-maven-plugin</artifactId>
-          <version>${kotlin.version}</version>
+          <version>${version.kotlin}</version>
 
           <configuration>
             <compilerPlugins>
@@ -260,7 +255,7 @@
             <dependency>
               <groupId>org.jetbrains.kotlin</groupId>
               <artifactId>kotlin-maven-allopen</artifactId>
-              <version>${kotlin.version}</version>
+              <version>${version.kotlin}</version>
             </dependency>
           </dependencies>