Los Angeles City Controller Laura Chick called on city officials Thursday to renegotiate the city’s 14 franchise agreements with cable television operators, saying the current outdated agreements are not providing enough revenue.

Chick said the pacts are 18 years old and generate $20 million annually, far less than the city could realize under updated contracts. She called on lame duck Mayor James Hahn, City Attorney Rocky Delgadillo and all 15 City Council members to push for an immediate renegotiation of the agreements.

“Here in the 21st century, it is time for the city of Los Angeles to negotiate contracts that reflect the changes in the cable industry,” Chick said. “The cable franchises are extremely valuable in generating revenue to the city and in providing important services.”

Chick’s comments followed an audit that faulted the city’s Information Technology Agency, which regulates cable operators, for not acting on new cable contracts. In one case, the agency has allowed a cable company to operate without an agreement, the audit found.

The audit did not identify the company in question, although it noted that the company serves fewer than 70 of the city’s more than 600,000 cable subscribers.

Cable companies have been among the most active industry groups to lobby city officials against regulations and higher fees. The companies argue that increased competition from satellite providers should lead to less regulation, otherwise cable would be placed at a competitive disadvantage.