Until 18 July 2020, Sribne was the administrative center of Sribne Raion. The raion was abolished in July 2020 as part of the administrative reform of Ukraine, which reduced the number of raions of Chernihiv Oblast to five. The area of Sribne Raion was merged into Pryluky Raion.[3][4]
Until 26 January 2024, Sribne was designated urban-type settlement. On this day, a new law entered into force which abolished this status, and Sribne became a rural settlement.[5]