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Hello. In what state was this and was the sign damaged?
And was the sign actually damaged?
Technically, since there was property damage, the fact that it was not reported could violate the law against hit and runs:
(scroll down to 20002)
You are supposed to stop and report any property damage to the owner of the property after a collision, and that actually includes non-vehicle property like mailboxes, signs, etc. In the case of a sign being knocked over, generally reporting it to the police suffices, since they typically work for the city/county that owns the sign.
At this point it is pretty unlikely that they will come after you, since you weren't caught and this sort of thing actually happens fairly regularly. I doubt your insurance company will report it either. But generally you are supposed to report property damage after an accident.
I wouldn't worry too much at this point. There's no way to guarantee that nothing will come of this, but it seems unlikely at this point. Likely all that had to be done was for a crew to simply re-erect the sign, so it is unlikely that the city or county will pursue this and try to track down the person who knocked it over.
If you are charged and convicted it could give you a misdemeanor record. If you are charged, I would suggest obtaining an attorney...with a first offense it is possible that a lawyer could work out a deal where you would pay for the damage in exchange for a dismissal to keep your record clean. At this point nothing will go on your record...it is only if you are actually charged.
I don't think it is tremendously likely. As I said, it is more likely that they'd just fix the sign without making an issue of it. I can't tell you what to do in terms of calling the police. On one hand, if you were going to be charged, they might cut you a break for self-reporting it, but if they weren't going to make an effort to track you down, calling the police just puts yourself in a position where they might charge you when you confess. If you decide to talk to the police, I would suggest taking a lawyer with you to protect you and your rights. But I can't advise you what to do...this is a site for information, not advice.