Jedean, then you guys need to stress to yur workers that printing documents that end up wasting paper will come out of their pockets. Ie put a jar next to the printer to collect 1 penny per page printed.
Or you can take your "wasted" paper and recycle them, or use them as scratch pads...They also make good packing material if shredded.
If you guys are that financially strapped, you should only have ONE machine to access the printer, install programs that your office workers would need to print from it, and have them save their work to disk, then take it over to that machine to print from it.
IMHO, you're over-reacting to a situation that doesn't need any reaction to, but a company memo to state that printing pages and not picking them up will be deducted from payroll.
And mean it. If you want to monitor who is printing what from where, your printer should have a "jobs" queue with the computer name and job they are printing. Dont see them coming to pick up, hand deliver it them and ask for $1 for your time.