7-14-110. Qualifications to vote on mill levy question. An individual is entitled to vote at an election under this chapter conducted pursuant to 15-10-425 if the individual possesses all of the qualifications required of electors under 13-1-111 and is:
(1) a resident of the area that is or may be subject to a tax under this chapter; or
(2) the owner of taxable property located in the area that is or may be subject to a tax under this chapter.