Traffic Wardens handed out 7,500 fines to people in Monaghan town in 2006 according to the Town Council. The Council expects to earn an estimated E1.12 million from the scheme in 2007.
Pay Parking was introduced to Monaghan Town on the 31st January 2005 at a cost of E907,000. The cost of running pay parking in 2007 is much less at an approximate E410,000.

Monaghan Town Council has redistributed the revenue generated from fines to benefit the town in a number of areas. Some was contributed to Monaghan’s Tidy Towns project fund. The Council also used the revenue to increase community grants for local voluntary groups. The remainder helped update the town’s recreational facilities, town improvements schemes and to make environmental improvements.

The Monaghan Chamber of Commerce believes the scheme has greatly benefited the town.