It depends on the rest of the land, your population and how much growth do you expect for that city. As an example, say you have a 5 pop city, with 2 plains hills, 1 grassland hills, 2 forested grassland hills (not along a river), 2 flat plains woods along rivers, Horses on flat Grassland, Coffee on flat rainforest, and Stone on flat grassland.
Probably you'll improve the Horses and Coffee (if anything, because you can't remove them and you might trade them). The Horses are probably worth working, the Coffee so-so. The hills, obviously, will be mined because they give 1+ production (+2 after Apprenticeship and +3 production after Industrialization, and that's pretty solid IMO). That leaves currently 1 worker. Do you chop the woods? Do you harvest the stone?
In that case, the woods on the hills might be better gone, because by the time you get lumber mills, mines will already give +2 production. The woods + lumber mill also give +2 production, so chopping it will give the same bonus and the chop. If your city is going to grow relatively fast, to around 7-8 pop, you might want to keep the woods along the rivers, because lumber mills on those give +2 production each, instead of +1. You might want to harvest the Stone, because it's not likely your city will grow fast enough to benefit from it for a long time, and it'll probably expand borders to more useful tiles around.
Remember also that discovery of new Strategic Resources might change the picture altogether.