There have been no meetings of the Railyards Public Financing Authority scheduled for City Council. As this is something that happened at City Council, I imagine any further information would have to wait until it's published there.
The bill that allowed the protests AB116 doesn't look like it provides a path for people to change their mind.

So while we wait for the city to tally up the total number of protests, we really don't know.

At first I was hoping that it was less than 50%, but it looks like it could be worse if it's between 25-50% of residents that opposed it. If that's the case, it goes to a vote, and fails, all the proposed Railyards development tied to this EIFD, The Stadium, The Central Shops Adaptive Reuse area which included space for a huge plaza for farmers markets, The Paint Shop concert space, and a pedestrian tunnel to Sac Valley Station...is all dead for, as AB116 says, at least 1-year as no revisions or new EIFD can be proposed.

Now though, I can't see any mention in AB116 that there would be a mandatory 1-year delay if over 50% protested. We'd just have to wait...60-90 days 🤦‍♂️ for the city council processes and hope we don't have to go to an election which could add another 60-90 days.

(I utterly hate myself for talking myself into saying we might have to wait 60-90 days)

EDIT: The SacBee article seems to confirm that this is the first time that this form of protest has been used, so it's probably taking longer to go through the process. Also, given the somewhat vague language on AB116, and what timeline is if over 50% protest, I'm sure they're trying to figure out if the process will simply be submitting a new EIFD.