diff --git a/elementary/monitor/dbt_project/package-lock.yml b/elementary/monitor/dbt_project/package-lock.yml
index eaf06a6a9..51ef19a0d 100644
--- a/elementary/monitor/dbt_project/package-lock.yml
+++ b/elementary/monitor/dbt_project/package-lock.yml
@@ -2,5 +2,5 @@ packages:
   - package: dbt-labs/dbt_utils
     version: 0.8.6
   - package: elementary-data/elementary
-    version: 0.16.2
-sha1_hash: 3811bf5312116f89e5a81b3e555a3462588e0dc8
+    version: 0.16.3
+sha1_hash: d1c718d7946cde85d83a47446469b3cd9d07a1ed
diff --git a/elementary/monitor/dbt_project/packages.yml b/elementary/monitor/dbt_project/packages.yml
index 1f037f2cb..77594926e 100644
--- a/elementary/monitor/dbt_project/packages.yml
+++ b/elementary/monitor/dbt_project/packages.yml
@@ -2,7 +2,7 @@ packages:
   - package: dbt-labs/dbt_utils
     version: [">=0.8.0", "<0.9.0"]
   - package: elementary-data/elementary
-    version: 0.16.2
+    version: 0.16.3
 
   #  NOTE - for unreleased CLI versions we often need to update the package version to a commit hash (please leave this
   #  commented, so it will be easy to access)