Atlantic City property owners could see a tax cut of more than 5 percent this year after the state budget released some funds to the city and county, Mayor Don Guardian told WIBG 1020 in an interview on Monday. City residents will be”very surprised at the considerable decrease, way beyond just the 5 percent that we had promised them,” Guardian said. The state last week passed its budget after a three-day partial shutdown caused by a political standoff over school funding and legislation related to the state’s largest health insurer. The state’s new school funding package will help ease the tax burden for residents in Atlantic City and Atlantic County, Guardian explained. At the same time, the state has promised Atlantic City $13 million to fund tax appeals, which means the city will not have to issue new debt, he said.