Maurice Ahern, the defeated Fianna Fáil candidate in the Dublin Central bye-election, has conceded that he will lose his city council seat too.
Sinn Féin's Seamus McGrattan has been elected to Dublin City Council in the Cabra/Glasnevin area on the last count, beating Fianna Fáil's Maurice Ahern for the last seat.
The 52 seats on Dublin City Council have now been filled.
The final state of the parties is: Fianna Fáil - 6, Fine Gael - 12, Labour - 19, Sinn Féin - 7, People Before Profit – 2 and Independents - 6.
Fianna Fáil lost half of its 12 seats. Sinn Féin lost three of its ten seats. Fine Gael gained two, and Labour gained four.
For the latest local election results go to the Election Tracker
Taoiseach has said he is unaware of any personal criticism of his leadership of Fianna Fáil from members of the party who lost their seats in the last 24 hours.
Speaking in Punchestown, Brian Cowen said Fianna Fáil had lost candidates of the highest calibre in the elections but the people have spoken and it was the Government's job to get on with running the country.
He said that the results would influence the revision of the programme for Government, but that decisions would still have to be taken to put Ireland in a position where it could benefit from any economic upturn.
Gilmore calls on Taoiseach to dissolve Govt
Meanwhile, Labour leader Eamonn Gilmore said he expects a three-way contest in the next general election in light of the local elections results and an exit poll carried out by RTÉ and the Sunday Independent.
The poll suggests that if a general election was to be called, Fine Gael would gain 37% of support from voters with Fianna Fáil and Labour each on 21%.
Speaking on RTÉ radio, Mr Gilmore said Labour would build on its success in the local elections.
He called on the Taoiseach to dissolve the Government and call an election in the national interest.
Mr Gilmore also said that Labour would field a candidate should a bye-election be called in Donegal.
He said that the Green Party had heard the verdict of the people and should withdraw from Government.
Lenihan: Govt has been under siege
Minister for Finance Brian Lenihan has acknowledged the party has ‘suffered very serious losses’ in the elections but said this Government is in its third term and in every European country, governments lose municipal and local elections.
Minister Lenihan said the party started in a very weak position in many cities going into the election, but he said their task is now to provide leadership and a government that will bring this country through the economic crisis.
Minister Lenihan said the Government will have to reflect on the candidate selection process after this result.
He also said the Government has been under siege with the banking and economic crisis over recent months and he ‘accepted that we haven't communicated the reality of all of this as well as we might’ because they have been so busy with the pressure of government.
However, he said he thought it was essential that they get out the message of where our economy really is.
Results are complete for 14 of the 34 councils - of those 14, Fianna Fáil have lost 32 seats, while Fine Gael and Labour have both gained 17.
Meanwhile, Government Chief Whip Pat Carey has said it would examine the strengths and weaknesses of how its policies were being communicated to the public.
He said the Green party had affirmed its commitment to government with Fianna Fáil and the concerns expressed by party backbenchers and the Greens would be taken on board.
Deputy Carey also said he believed that the Government would win a motion of no confidence to be tabled in the Dáil next week by the Opposition.
Heavy loses for the Greens
The Green Party has lost all its city and county council seats in Dublin where most of its TDs are based.
The party lost four seats in Dún Laoghaire/Rathdown, three in Fingal and two in South Dublin, as well as the single seat it won on Dublin City Council five years ago.
The party also lost its single seat in Carlow and in Galway city, and looks likely to lose seats in Meath, Monaghan and Kildare.
Only two Green councillors have been elected so far: Brian Meeney held his seat in Clare, while Mark Deery gained a seat in Louth.
The Labour Party emerged as the biggest party in the Dublin local authorities.
The party has 45 seats across Dublin City, Fingal, South Dublin and Dún Laoghaire/Rathdown councils.