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That does not even include doing something like making items that consume planks.
Turn it all into Planks and hold onto them.
Once you stone-wall off a huge section of the city and see every house try to upgrade to high density all at once, you'll be so happy. At 40 Planks each, high density housing upgrades will bleed you dry in an instant.
I always delete my left over resrouces by clicking the small "X" in the warehouses.
I never store more than 5o of each resource since you are paying a lot of storage tax to the king. It can kill you balance at the early game quite hard.
There is no need to hold on any resources more than you actually need since you will loose labour aspiration, if you destroy too much wood - they are keen to protecting the environment.
It is also important to keep the balancd between stored stone and wood, otherwise your kleric aspiration will suffer due to paganism. Having this buff is a huge draw back of storing too much.
There is literally no city builder out there, where it is an advantage to have a lot of resources in stock. Always keep it small and humble.
Hope that helps
I planned 6 sawmills with my new city industrial district. Now I have 10, which are all needed to keep up with all my production.
Literally me right now. I often have my storage filled with planks but I ended up upgrading a lot of houses while also building other things so I'm almost empty at the moment and the construction continues to eat the plank production.
Won't be too long though, I just set up two more sawmills so I have 8 now.
I wish I had a big enough treasury (and a reason to have said treasury) to bother accepting. lol 1500 gold limit seems like more than enough tbh.