diff --git a/releasenotes/notes/fip_timeout-035c4bb3ff92fa1f.yaml b/releasenotes/notes/fip_timeout-035c4bb3ff92fa1f.yaml
new file mode 100644
index 000000000..2f98ebbda
--- /dev/null
+++ b/releasenotes/notes/fip_timeout-035c4bb3ff92fa1f.yaml
@@ -0,0 +1,4 @@
+---
+fixes:
+  - When creating a new server, the timeout was not being passed through to
+    floating IP creation, which could also timeout.